Gold Royalty, Abitibi Royalties, And Golden Valley Complete Combination

Creating a Leading Growth & Americas-Focused Precious Metals Royalty Company

November 5, 2021 – Gold Royalty Corp. (NYSE American: GROY) ("Gold Royalty"), announces the completion of the business combinations between Gold Royalty and each of Abitibi Royalties Inc. (TSXV: RZZ) (OTC-Nasdaq Intl: ATBYF) ("Abitibi Royalties") and Golden Valley Mines and Royalties Ltd. (TSXV: GZZ, OTCQX: GLVMF) ("Golden Valley") by way of statutory plans of arrangements (the “Arrangements”).

The Arrangement involving Abitibi Royalties was completed under the Business Corporations Act (British Columbia) and became effective at 12:05 a.m. (Vancouver time) on November 5, 2021. Pursuant to the respective Arrangements, Gold Royalty acquired all of the issued and outstanding Abitibi Royalties common shares. The shares of each of Abitibi Royalties are expected to be delisted from the TSX Venture Exchange effective as of the close of market on November 5, 2021.

Further information regarding each Arrangement is set out in the respective management information circulars of Golden Valley and Abitibi Royalties, each dated October 1, 2021, copies of which are available on the respective profiles of Golden Valley and Abitibi Royalties on SEDAR at

Gold Royalty Corp.
Telephone : (833 ) 396-3066
Email : [email protected]