CALGARY, ALBERTA -- (Marketwire - Oct. 24, 2012) - Gold Royalties Corporation (TSX VENTURE:GRO) ("Gold Royalties") is pleased to announce that it has closed, effective October 23, 2012, the acquisition of the 2% net smelter return royalty on the Justin gold project and the 2% net smelter return royalty on the Hit gold project (the "Transaction"), as previously announced on September 26, 2012, with Eagle Plains Resources Ltd. (TSX VENTURE:EPL) ("Eagle Plains").


About Gold Royalties Corporation

Gold Royalties Corporation is a publicly-traded, growth-orientated royalty business which acquires and holds mining royalty assets for investment purposes. The company acquires small-to-mid tier net smelter return and metal stream royalties, with a focus on gold royalties, located in stable jurisdictions. For more information, please visit www.goldroyalties.ca.



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Contact

Gold Royalties Corporation
Ryan Kalt, President and Chief Executive Officer
1-403-470-3265
info@goldroyalties.ca
www.goldroyalties.ca