Bullboard - Stock Discussion Forum Nations Royalty Corp V.NRC

Nations Royalty Corp is a Canada-based indigenous royalty company, which specializes in mining royalty. The Company is focused on creating royalty diversification for First Nations. The Company’s assets include Brucejack Mine, Premier gold project, Red Mountain Project, KSM project, and Kitsault project. The high-grade Brucejack gold mine is operated by Pretium Resources Inc., a wholly owned... see more

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Nations Royalty Corp > 'Multiple Key Assets In BC’s Golden Triangle'

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Post by MarketMakerss on Jun 27, 2024 2:44pm

'Multiple Key Assets In BC’s Golden Triangle'

'Nations Royalty Hits Market With Multiple Key Assets In BC’s Golden Triangle'

Aiming to provide a means for investors to capitalize on 'the last untapped royalty space', the newly listed Nations Royalty (NRC.v) is an innovative Indigenous Royalty Company providing exposure to royalties derived from Benefit Agreements with First Nations, as detailed in a recent Deep Dive article: https://thedeepdive.ca/nations-royalty-hits-market-with-multiple-key-assets-in-bcs-golden-triangle/

Offering a means for First Nations and Indigenous groups to monetize royalties, income and commodity streams as well as annual benefit payment entitlements obtained from resource projects,NRC aims to drive economic independence for Indigenous communities by managing significant assets and reducing their reliance on government transfer payments.

NRC's initial assets include five royalties under four agreements entered into by the Nisga'a Nation, a major shareholder of the entity.

All assets are located in BC's Golden Triangle and collectively have a net value of ~US$214M, with highlights including:

Brucejack Mine: Underground copper-silver mine & currently producing asset operated by Pretium Resource
Premier Gold Project: Commercial production slated to begin in third quarter with first gold pour having occurred in April, operated by Ascot Resources
Red Mountain Gold: Near Premier Mine & operated by Ascot Resources
KSM: In development by SeaBridge Gold, exposes NRC to copper, gold silver and molybdenum
Kitsault: Fully permitted brownfield site focused on molybdenum being advanced by New Moly

The current revenue projections of NRC's assets call for revenue of US$4.0M in 2024 and US$52M by 2023 based on current assets and projected production timelines.

In merging royalties and incomes from various resource projects to attract external investors, promoting economic growth and reconciliation NRC is aiming to capitalize on economic growth, diversification and the empowerment of Indigenous communities in the public and capital markets.

For more information, check out NRC on the Mining Stock Daily podcast: https://podcasters.spotify.com/pod/show/mining-stock-daily/episodes/Nations-Royalty-Begins-Trading-and-Looking-to-Expand-Portfolio-e2l92s2/a-abcrb4q

Posted on Behalf of Nations Royalty Corp.