Gold Royalty Announces Amended and Upsized Revolving Credit Facility to Maximum $75 Million at Reduced Interest Cost and Extended Maturity and Provides an Update on Selected Portfolio Assets
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Gold Royalty Corp. has amended and upsized its revolving credit facility to a maximum of $75 million, reducing borrowing costs and extending maturity. This move enhances the company's financial flexibility.
February 24, 2025 | 12:00 pm
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Gold Royalty Corp. has successfully amended and increased its revolving credit facility to $75 million, reducing interest costs and extending the maturity. This strategic move is expected to enhance the company's financial flexibility and improve its balance sheet.
The amendment and upsizing of the credit facility to $75 million at reduced interest costs and extended maturity is a positive development for Gold Royalty Corp. It indicates improved financial health and flexibility, which is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100