GoldMining Amends Gold Royalty Stake, Signals Ownership Change

Ticker: GROY-WT · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1834026

Gold Royalty CORP. SC 13G/A Filing Summary
FieldDetail
CompanyGold Royalty CORP. (GROY-WT)
Form TypeSC 13G/A
Filed DateFeb 5, 2024
Risk Levellow
Pages3
Reading Time4 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: ownership-change, institutional-ownership, amendment, gold-mining

TL;DR

**GoldMining Inc. updated its Gold Royalty Corp. ownership, watch for potential shifts.**

AI Summary

GoldMining Inc. has filed an amended Schedule 13G/A on February 5, 2024, indicating a change in its ownership of Gold Royalty Corp. common shares as of December 31, 2023. This filing, an amendment to a previous disclosure, signals that GoldMining Inc. continues to hold a significant, though potentially altered, stake in Gold Royalty Corp. For investors, this matters because GoldMining Inc. is a major shareholder, and any substantial change in its holdings could influence Gold Royalty Corp.'s stock price or strategic direction.

Why It Matters

This filing updates GoldMining Inc.'s ownership in Gold Royalty Corp., providing transparency on a key shareholder's position, which can impact investor sentiment and potential future corporate actions.

Risk Assessment

Risk Level: low — This is a routine amendment filing, not indicating any immediate high-risk events, but rather a disclosure of ownership changes.

Analyst Insight

Investors should review the full SC 13G/A filing once available to understand the specific changes in GoldMining Inc.'s ownership percentage and share count in Gold Royalty Corp., as this could signal future intentions or impact market perception.

Key Players & Entities

FAQ

What is the purpose of this specific SC 13G/A filing?

This SC 13G/A is an Amendment No. 2 filing by GoldMining Inc. regarding its ownership of Gold Royalty Corp. common shares, indicating an update to previously disclosed information as of December 31, 2023.

Who is the 'Reporting Person' in this filing?

The 'Reporting Person' in this filing is GoldMining Inc., identified by CIK 0001538847.

What is the 'Subject Company' of this filing?

The 'Subject Company' is Gold Royalty Corp., identified by CIK 0001834026, whose common shares are being reported.

What is the CUSIP number for the class of securities reported?

The CUSIP number for the Common Shares, without par value, of Gold Royalty Corp. is 38071H106.

When was the 'Date of Event Which Requires Filing of this Statement'?

The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.

Filing Stats: 999 words · 4 min read · ~3 pages · Grade level 7.3 · Accepted 2024-02-05 18:00:26

Filing Documents

From the Filing

SC 13G/A 1 d602546dsc13ga.htm SC 13G/A SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Gold Royalty Corp. (Name of Issuer) Common Shares, without par value (Title of Class of Securities) 38071H106 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended ( Act ), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications: Rick Werner, Esq. Haynes and Boone, LLP 30 Rockefeller Plaza, 26 th Floor New York, New York 10112 (212) 659-4974 CUSIP No. 38071H106 1. Names of Reporting Persons. GoldMining Inc. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization British Columbia Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 21,433,325 6. Shared Voting Power 0 7. Sole Dispositive Power 21,433,325 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 21,433,325 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) 11. Percent of Class Represented by Amount in Row (9) 14.7% (1) 12. Type of Reporting Person (See Instructions) CO (1) Based upon 145,669,046 common shares (the Common Shares ) of Gold Royalty Corp. (the Issuer ) outstanding as of December 27, 2023, as disclosed in the Issuers Registration Statement on Form F-3 that was filed on December 29, 2023, by the Issuer with the U.S. Securities and Exchange Commission. Item1. (a) Name of Issuer Gold Royalty Corp. (b) Address of Issuers Principal Executive Offices 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia, Canada V6E 4A2 Item2. (a) Name of Person Filing GoldMining Inc. (b) Address of Principal Business Office or, if none, Residence 1188 West Georgia Street, Suite 1830, Vancouver, British Columbia, Canada V6E 4A2 (c) Citizenship See Item 4 on the cover page(s) hereto. (d) Title of Class of Securities Common Shares, without par value (e) CUSIP Number 38071H106 Item3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is: (a) A broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) A bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) An insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) An investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please specify the type of institution: . Item4. (a) Amount beneficially owned: See Item 9 on the cover page(s) hereto. (b) Percent of class: See Item 11 on the cover page(s) hereto. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto. (ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto. (iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto. (iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto. Item5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the b

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