Gold Royalty Corp GROY.WS

Investor Call

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Gold Royalty will hold an investor call on Tuesday February 1, 2022 at 11:00 a.m. EST/8:00 a.m. PST to update shareholders and other interested parties as well as to discuss the status of the Offer. Shareholders and other interested parties are invited to participate via live webcast or telephone. To participate in the live webcast and to view the accompanying presentation materials, please log into https://produceredition.webcasts.com/starthere.jsp?ei=1527464&tp_key=d17151227a  immediately prior to the presentation. To join the teleconference, please call 1-888-204-4368 toll-free from North America, 647-794-4605 from Toronto (Local) or 604-449-6082 from Vancouver (Local). Shareholders and other interested parties can submit questions ahead of the investor call by e-mailing their questions to [e-mail].

Additional Information

The Offer and Circular and related offer documents (the "Offer Documents") have been mailed to Elemental shareholders and have been filed with the Canadian and United States securities regulators and will be available on Gold Royalty's website for the Offer at https://www.goldroyalty.com/elemental-offer/, under Elemental's SEDAR profile at www.sedar.com, and in the United States under Gold Royalty's profile on EDGAR at www.sec.gov.

Gold Royalty encourages securityholders of Elemental to read the full details of the Offer set forth in the Offer Documents which contains the full terms and conditions of the Offer and other important information, including detailed instructions on how Elemental shareholders can tender their Elemental Shares to the Offer. For assistance in depositing Elemental Shares to the Offer, Elemental shareholders should contact the Information Agent, Laurel Hill Advisory Group, who can be contacted at 1-877-452-7184 toll-free in North America or at 1-416-304-0211 outside of North America or by e-mail at [e-mail].