July 3, 2024 – Gitlaxt’aamiks, BC – Madame President Eva Clayton lead the way with the Opening Bell Ringing Ceremony with representatives from Nations Royalty (TSXV:NRC) and Nisg̱a’a Lisims Government Executive Members in attendance to witness the ceremonous event. Although the official bell was still on route there was a drum used in the ceremony which was very fitting for the first indigenous company to focus on contracts like net smelter returns.
Backgrounder provided by Nations Royalty in a previous article:
“Nations Royalty Corp. (“Nations Royalty” or the “Company“) is proud to announce the approval for listing on Tier 2 of the TSX Venture Exchange (“TSXV“) as an investment company, under the symbol “NRC“, effective at the open of market on June 21, 2024. Upon listing, Nations Royalty will have 144,730,637 common shares issued and outstanding, of which, 132,852,500 common shares will be subject to Tier 2 Value Escrow.”
“With a foundation of Nisg̱a’a Nation’s five royalties in four agreements, Nations Royalty’s vision is to unite First Nations and Indigenous groups across Canada and internationally, welcoming external investors to join the Company as shareholders. Together, they will combine royalties, income and commodity streams and annual benefit payment entitlements from resource projects, tapping into the growth, diversification and value potential typical of publicly traded royalty companies. As a leader in the spirit of economic reconciliation, Nations Royalty’s mission includes capacity building of Indigenous People in public companies and capital markets.”
Eva Clayton, President of Nisg̱a’a Lisims Government, stated: “our shareholding in Nations Royalty is an important step in optimizing Nisg̱a’a’s value in the Tier 1 mines and development projects located in the Golden Triangle. Nations Royalty’s vision presents a unique opportunity for the Nisg̱a’a Nation, other First Nations and Indigenous groups, and investors to access a portfolio encompassing precious and critical metal mines, oil and gas ventures, and renewable energy projects. With guidance from renowned mining entrepreneur, Frank Giustra, our ambition is to grow Nations Royalty into one of the top global royalty companies.”
