Gold Royalty Corp. (NYSE American: GROY) is pleased to announce that it has entered into an agreement to acquire an existing 1.0% net smelter return royalty from Endeavour Silver Corp. on portions of the Cozamin Copper-Silver Mine, located in Zacatecas, Mexico, for total cash consideration of US$7.5 million. Cozamin is owned and operated by Capstone Copper Corp. The Company also announces that it expects that, with the completion of the proposed acquisition, its board of directors will suspend dividends under its previously announced dividend program to focus capital on executing its strategic priority of growing cash flow and net asset value per share through accretive acquisitions. David Garofalo, Chairman and CEO of Gold Royalty commented, "The acquisition of the Cozamin royalty brings immediate cash flow, complementing our peer-leading revenue growth rate from our portfolio of high-quality, long-life North American assets.