New OTCQB Listing: Nations Royalty (NRC.v NRYCF) New OTCQB Listing: Nations Royalty (NRC.v NRYCF), an Innovative Indigenous Royalty Company
Today, Nations Royalty (NRC.v NRYCF) announced that its common shares have qualified to trade on the OTCQB Venture Market and will commence trading today under the symbol NRYCF.
Alongside continuing to trade on the TSX Venture Exchange under NRC.v, this listing enables NRC to efficiently build broader investor awareness, providing US investors easier access and better visibility for the company.
Bringing Indigenous Royalties to the Public Market
With an innovative approach to royalties in packaging indigenous mining royalties to create value for First Nations groups and shareholders, NRC allows First Nations to bring the future value of their royalty streams into the present, accelerating economic development
While the mining royalty model is well-known, NRC's fresh approach helps secure higher valuations and reduces risks for investors.
By combining royalties from multiple projects, the company reduces risk and enhances valuation potential, attracting premium investor interest and offering investors exposure to multiple projects, lowering the risk associated with individual mining projects. This provides a safer and more diversified investment option.
NRC is 76% owned by the Nisga'a Nation, which contributed the company’s initial assets. The company has raised $10 million through an IPO, and revenue is projected to begin in 2025, with significant growth expected from the KSM copper-gold development project.
Further, NRC plans to expand by partnering with more indigenous groups, offering equity to provide long-term financial benefits from premium royalty valuations. By growing the company's share price, Nations Royalty hopes to enhance the quality of life for indigenous communities involved in these partnerships.
For more information, refer to this deep dive: https://www.reddit.com/r/PennyStocksCanada/comments/1f8ecqo/interview_breakdown_nations_royaltys_nrcv_derrick/
Full News Release: https://nationsroyalty.ca/2024%2F09%2F10-news-release
Posted on Behalf of Nations Royalty Corp.