Gold Royalty Secures Revolving Credit Facility of up to $25M

Gold Royalty Corp. said Monday that it has reached an agreement with a Canadian bank for a revolving credit facility of up to $25 million.

The company said that the agreement with Bank of Montreal is for a $10 million secured revolving credit facility that includes an additional $15 million accordion feature.

Gold Royalty said the facility supports its growth strategy and allows the company the flexibility to return capital to its shareholders.

It will also be used for general corporate purposes, acquisitions and investments, the company said.

Write to Adriano Marchese at adriano.marchese@wsj.com