Majority Indigenous-Owned, NRC.v, Opened the Market Today Nations Royalty Corp. (Ticker: NRC.V) is a majority Indigenous-owned natural resource royalty company, founded on five Tier 1 Nisga'a Nation royalties in critical and precious metals.
The company aims to become a leading global royalty company, focusing on Indigenous-owned royalties and revenue streams in precious metals, critical minerals, oil and gas, and renewable energy.
Their mission includes uniting Indigenous people to create wealth, promote economic reconciliation, and build capacity in capital markets.
The Nisga’a Nation holds approximately 76.8% of the company through 111.1 million common shares, making Nations Royalty the largest majority Indigenous-owned public company in Canada.
Collectively, NRC's current Nisga'a Nation assets have a net asset value of approximately US$214 million.
Revenue projections are optimistic, with an anticipated US$4.0 million in 2024, growing to US$52 million by 2032, based on current assets and projected production timelines.
Today, NRC celebrated its new listing on the TSX Venture Exchange by opening the market.
Robert McLeod, Interim CEO, and Eva Clayton, President of the Nisga'a Lisims Government, along with their teams, joined Andrew Creech, Managing Director of the TSX Venture Exchange, for the market opening ceremony.
https://www.newswire.ca/news-releases/nations-royalty-corp-tsxv-nrc-opens-the-market-860857137.html
Posted on behalf of Nations Royalty Corp.