NRC's Derrick Pattenden on Leveraging Indigenous Partnership In an interview released by The Deep Dive today, Derrick Pattenden, Chief Investment Officer of Nations Royalty (TSXV: NRC), discussed the unique business model of the company.
Nations Royalty stands out as the largest majority Indigenous-controlled public company in Canada, focusing on partnerships with Indigenous groups to unlock value in mining royalties.
Pattenden, himself a member of the Mohawks of the Bay of Quinte First Nation, shared how the company combines traditional mining royalty strategies with a focus on Indigenous-owned assets.
Nations Royalty's approach involves partnering with Indigenous groups to leverage existing royalties and create new opportunities within the mining sector.
This model is not entirely new, as the mining royalty concept is well-established, but Nations Royalty adds a unique twist by focusing on Indigenous-owned royalties.
The company's current portfolio includes royalty agreements for 5 assets in BC's mineral rich Golden Triangle.
Pattenden also highlighted the company's expansion plans beyond the Golden Triangle, looking for opportunities across Canada.
Nations Royalty plays a crucial role in bridging gaps between mining companies and Indigenous groups, often facilitating negotiations and helping ensure fair transactions.
With experienced leaders from major mining royalty companies like Wheaton Precious Metals and Franco-Nevada on board, Nations Royalty is well-positioned to grow.
The company aims to unite Indigenous groups across Canada, offering external investors the chance to participate in a business that combines economic reconciliation with capital markets.
For investors, Pattenden pointed out that potential catalysts include developments at their KSM deposit royalty, one of the largest undeveloped gold-copper projects in the world, and the announcement of new transactions in their portfolio.
Nations Royalty's mission aligns with preserving Indigenous wealth while maximizing the value of royalties within Indigenous control.
Full interview:
Posted on behalf of Nations Royalty Corp.