Gold Royalty Corp.
For the period ended Aug 5, 2026. Filed Aug 5, 2026.
View on SEC.govAbout this filing
What a company based outside the US has published at home or sent to its shareholders. It is how many foreign companies share results and news between annual reports.
Aug 5, 2026 · Filed Aug 5, 2026
Use the contents to explore the available documents and sections.
GROY$3.12+0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Subsequent events (Note 16)
Subsequent events (Note 16)
Approved by the Board of Directors:
| /s/ Ken Robertson | /s/ Warren Gilman |
|---|---|
| Ken RobertsonDirector | Warren GilmanDirector |
Condensed Interim Consolidated Statements of Income (Loss) and Comprehensive Income (Loss)
| For the three months ended June 30 · For the six months ended June 30 | |||||
|---|---|---|---|---|---|
| 2026 · 2025 · 2026 · 2025 | |||||
| Notes | ($) | ($) | ($) | ($) | |
| Revenue | |||||
| Revenue | 10 | 6,732 | 3,823 | 13,910 | 6,961 |
| Cost of sales | |||||
| Cost of sales excluding depletion | 4 | (312) | (268) | (603) | (413) |
| Depletion | 4 | (1,754) | (418) | (3,145) | (509) |
| Gross profit | 4,666 | 3,137 | 10,162 | 6,039 | |
| Other operating income (expenses) | |||||
| General and administrative costs | 11 | (2,058) | (1,841) | (4,184) | (3,662) |
| Project evaluation costs | 11 | (31) | — | (31) | (18) |
| Share of loss in associate | — | (50) | — | (80) | |
| Dilution loss in associate | — | (73) | — | (73) | |
| Share of profit in joint venture | 6 | 310 | — | 763 | — |
| Share-based compensation | 9 | (715) | (650) | (1,450) | (1,342) |
| Operating income for the period | 2,172 | 523 | 5,260 | 864 | |
| Other items | |||||
| Change in fair value of gold-linked loan | 7 | 444 | 425 | 1,036 | 715 |
| Change in fair value of short-term investments | 203 | 47 | 67 | (27) | |
| Change in fair value of embedded derivative | — | 180 | — | 280 | |
| Foreign exchange gain (loss) | 45 | (81) | 40 | (52) | |
| Finance costs | 12 | (161) | (2,236) | (504) | (4,441) |
| (Loss) gain on loan modification | 8 | — | — | (500) | 693 |
| Other income (expense) | 97 | (27) | 199 | (18) | |
| Net income (loss) before income taxes for the period | 2,800 | (1,169) | 5,598 | (1,986) | |
| Current tax expense | (128) | (47) | (144) | (118) | |
| Deferred tax (expense) recovery | (889) | 387 | (1,900) | 27 | |
| Net income (loss) after income taxes for the period | 1,783 | (829) | 3,554 | (2,077) | |
| Other comprehensive (loss) income | |||||
| Item that may be reclassified subsequently to net income: | |||||
| Foreign currency translation differences | (34) | 161 | (59) | 161 | |
| Total comprehensive income (loss) for the period | 1,749 | (668) | 3,495 | (1,916) | |
| Net income (loss) per share | |||||
| Basic | 9 | 0.01 | (0.00) | 0.02 | (0.01) |
| Diluted | 9 | 0.01 | (0.00) | 0.01 | (0.01) |
| Weighted average number of common shares outstanding | |||||
| Basic | 9 | 230,811,330 | 170,553,644 | 230,106,914 | 170,407,047 |
| Diluted | 9 | 239,253,267 | 170,553,644 | 240,317,602 | 170,407,047 |
Condensed Interim Consolidated Statements of Changes in Equity
| Notes · Number ofCommon Shares · Issued Capital($) · Reserves ($) · Accumulated Deficit ($) · AccumulatedOtherComprehensive Income ($) · Total ($) | ||||||
|---|---|---|---|---|---|---|
| Balance at December 31, 2024 | 170,205,124 | 595,811 | 35,684 | (73,227) | 35 | 558,303 |
| GRC Shares issued upon vesting of restricted share units | 69,783 | 287 | (287) | — | — | — |
| GRC Shares issued for interest payment of convertible debentures | 398,333 | 600 | — | — | — | 600 |
| GRC Shares issued upon exercise of share options | 36,170 | 176 | (104) | — | — | 72 |
| Share-based compensation - share options | — | — | 441 | — | — | 441 |
| Share-based compensation - restricted share units | — | — | 901 | — | — | 901 |
| Total comprehensive loss for the period | — | — | — | (2,077) | 161 | (1,916) |
| Balance at June 30, 2025 | 170,709,410 | 596,874 | 36,635 | (75,304) | 196 | 558,401 |
| Notes | Number ofCommon Shares | Issued Capital($) | Reserves ($) | Accumulated Deficit ($) | AccumulatedOtherComprehensive Income ($) | Total ($) | |
|---|---|---|---|---|---|---|---|
| Balance at December 31, 2025 | 224,530,457 | 752,241 | 23,998 | (77,357) | 313 | 699,195 | |
| GRC Shares issued upon vesting of restricted share units | 9 | 35,453 | 37 | (37) | — | — | — |
| GRC Shares issued upon exercise of share options | 441,067 | 1,405 | (1,077) | — | — | 328 | |
| GRC Shares issued upon vesting of common share purchase warrants | 2,256,963 | 5,192 | (113) | — | — | 5,079 | |
| Share-based compensation - share options | 9 | — | — | 567 | — | — | 567 |
| Share-based compensation - restricted share units | 9 | — | — | 883 | — | — | 883 |
| Royalty interest acquisition: | |||||||
| GRC Shares issued to acquire royalty interest | 9 | 3,571,429 | 15,000 | — | — | — | 15,000 |
| Issuance cost | 9 | — | (65) | — | — | — | (65) |
| Deferred tax recovery recognized | 9 | — | 18 | — | — | — | 18 |
| Total comprehensive income for the period | — | — | — | 3,554 | (59) | 3,495 | |
| Balance at June 30, 2026 | 230,835,369 | 773,828 | 24,221 | (73,803) | 254 | 724,500 | |
Condensed Interim Consolidated Statements of Cash Flows
| For the three months ended June 30 | For the six months ended June 30 | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| ($) | ($) | ($) | ($) | |
| Operating activities | ||||
| Net income (loss) for the period | 1,783 | (829) | 3,554 | (2,077) |
| Items not involving cash: | ||||
| Depreciation | 19 | 20 | 40 | 39 |
| Depletion | 1,754 | 418 | 3,145 | 509 |
| Finance costs | 161 | 2,236 | 504 | 4,441 |
| Other (income) expense | (97) | 27 | (199) | 18 |
| Share-based compensation | 715 | 650 | 1,450 | 1,342 |
| Change in fair value of short-term investments | (203) | (47) | (67) | 27 |
| Change in fair value of embedded derivative | — | (180) | — | (280) |
| Loss (gain) on loan modification | — | — | 500 | (693) |
| Change in fair value of gold-linked loan | (444) | (425) | (1,036) | (715) |
| Share of loss in associate | — | 50 | — | 80 |
| Dilution loss in associate | — | 73 | — | 73 |
| Share of profit in joint venture | (310) | — | (763) | — |
| Deferred tax expense (recovery) | 889 | (387) | 1,900 | (27) |
| Unrealized foreign exchange (gain) loss | (63) | 85 | (15) | 60 |
| Operating cash flows before movements in working capital | 4,204 | 1,691 | 9,013 | 2,797 |
| Net changes in non-cash working capital items: | ||||
| Accounts receivables | (917) | (779) | (3,408) | (313) |
| Interest income credited against gold-linked loan | 464 | 375 | 966 | 701 |
| Prepaids and other receivables | 116 | (188) | 1,492 | (158) |
| Accounts payable and accrued liabilities | (144) | (30) | 134 | 529 |
| Cash provided by operating activities | 3,723 | 1,069 | 8,197 | 3,556 |
| Investing activities | ||||
| Interest received | 95 | 7 | 145 | 16 |
| Investment in royalties, streaming and other mineral interests | (6,532) | — | (36,860) | (2,209) |
| Investment in long-term investments | (92) | — | (92) | — |
| Proceeds on disposition of short-term investments | — | 7 | — | 7 |
| Land agreements proceeds credited against other mineral interests | — | 214 | 20 | 327 |
| Proceeds from sale of subsidiary | — | — | 22,499 | — |
| Distribution received from joint venture | 662 | — | 662 | — |
| Proceeds from issuance of call options | 20 | — | 20 | — |
| Cash (used in) provided by investing activities | (5,847) | 228 | (13,606) | (1,859) |
| Financing activities | ||||
| Proceeds from issuance of GRC Shares | 42 | 72 | 5,407 | 72 |
| (Payment of bank transaction costs) net proceeds from bank loan | — | — | (561) | 1,835 |
| Interest paid | (158) | (1,504) | (462) | (2,769) |
| Payment of lease obligations | (25) | (25) | (49) | (48) |
| Cash (used in) provided by financing activities | (141) | (1,457) | 4,335 | (910) |
| Net (decrease) increase in cash | (2,265) | (160) | (1,074) | 787 |
| Cash and cash equivalents | ||||
| Beginning of period | 13,598 | 3,214 | 12,407 | 2,267 |
| End of period | 11,333 | 3,054 | 11,333 | 3,054 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.