Gold Royalty Corp. announced that, further to its news release dated November 2, 2023, it has completed the acquisition of a portfolio of 21 royalties located in Québec from SOQUEM (Société Québécoise d'exploration minière), a subsidiary of Investissement Québec. Pursuant to the transaction, the Company acquired the royalty portfolio for consideration CAD 1.0 million, which was satisfied through the issuance of 496,785 common shares to SOQUEM at a deemed price of approximately USD 1.50 per share.