NRC is 'Revolutionizing Mining Royalties' 'Revolutionizing Mining Royalties' - Providing exposure to "the last untapped royalty space", Nations Royalty (NRC.v NRYCF) boasts a unique business model in consolidating indigenous royalties, as detailed by CEO Robert McLeod to Mining Book in a recent interview: https://www.youtube.com/watch?v=CV-wJqIBsIM
Overview of Nations Royalty
- New Approach in Mining: Nations Royalty is a new company focusing on mining royalties, emphasizing partnerships with indigenous groups.
- Vision: To consolidate indigenous royalties, primarily in mining but also exploring energy sectors, under a public company to crystallize value for indigenous communities through equity ownership.
Partnership with Nishka Nation
- Five Royalties: The Nishka Nation holds five royalties on tier-one assets in the Golden Triangle of British Columbia.
- Diversification: Nations Royalty helps First Nations diversify and de-risk their royalty streams by pooling them with other royalty deals.
Leadership and Team
- Rob McLeod's Background: CEO Rob McLeod has a long history in the mining industry, with family ties to British Columbia's Golden Triangle. He led IDM Mining, which was acquired by Ascot Resources.
- Indigenous Leadership: The company aims to be majority-led by indigenous members, both on the board and in management. Two Nishka members serve as CFO and corporate secretary.
Building Indigenous Capacity
- Access to Capital Markets: Nations Royalty aims to be an example for indigenous communities, showing how they can access capital markets and venture funding.
- Economic Reconciliation: The company seeks to help First Nations achieve economic independence by owning equity in businesses within their traditional territories.
Business Model
- Royalty Focus: The goal is to create partnerships with indigenous groups across Canada and internationally. Nations Royalty has already identified 150 potential mining royalties.
- Revenue Diversification: By pooling various royalties, Nations Royalty helps First Nations smooth out revenue fluctuations from single royalties.
Future Growth and Dividend Potential
- Dividend Plans: Once a sufficient cash-flowing royalty is secured, Nations Royalty plans to begin paying dividends, providing further value to indigenous shareholders.
- Focus on Precious Metals: While expanding into oil and gas is considered, the company remains focused on precious metals and energy metals.
KSM Project and Other Assets
- KSM Project: Seabridge's KSM, the world’s largest permitted copper-gold deposit, is a key asset for Nations Royalty, with the potential to generate long-term royalties.
- Copper Demand: The demand for copper and other energy metals is expected to grow, making these assets highly valuable.
Industry Impact and Future Outlook
- Indigenous Equity: McLeod emphasizes the importance of increasing indigenous participation in the mining industry, both in operations and in leadership.
- Traditional Exploration Focus: Despite technological advances, McLeod believes traditional methods like drilling remain crucial for making discoveries in the mining industry.
For more information, refer to this deep dive: https://www.reddit.com/r/PennyStocksCanada/comments/1f8ecqo/interview_breakdown_nations_royaltys_nrcv_derrick/
Latest News Release: https://nationsroyalty.ca/2024%2F09%2F10-news-release
Posted on Behalf of Nations Royalty Corp.