Gold Royalty Corp. maintained earnings guidance for the year 2023. The company has maintained its revenue guidance for the full year and expects to substantially recover the delayed revenue from gold production in the second half of 2023.

Management currently believes the company is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in total revenues and land agreement proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments from land agreements.