CBC highlights NRC.v, NRC up 17% on high vol Today, the CBC released an article highlighting how Nations Royalty Corp. (NRC.v or NRYCF for US investors) is reshaping the mining royalty landscape by emphasizing Indigenous leadership and economic participation.
With this, NRC is currently trading up 17% on high vol.
NRC stands as the first publicly traded company dedicated solely to mining royalties on First Nation lands and is the only mining-royalty company that is majority Indigenous-owned, marking a milestone for economic reconciliation in Canada.
With the Nisga’a Nation owning 77% of NRC, the company exemplifies Indigenous autonomy and aims to empower First Nations with financial independence.
Charles Morven, Nisga’a secretary-treasurer, was quoted in the article highlighting how NRC's initiative helps break reliance on government funding and enhances self-accountability.
Backed by prominent mining financier Frank Giustra, NRC’s model pools various Indigenous-held mining royalties into a single, dividend-yielding company.
NRC is actively inviting other First Nations with royalty holdings to join as shareholders, enhancing collective economic strength and creating opportunities for communities to monetize existing agreements.
By tapping into the vast number of benefit agreements across Canada, NRC aims to become a top-five royalty company.
Its initial portfolio includes royalties on five key mining projects in British Columbia’s resource-rich Golden Triangle, such as Brucejack, Premier, KSM, and Kitsault.
These assets, valued collectively at $214 million USD, position NRC for both immediate cash flow and long-term growth.
Beyond revenue, NRC aims to build financial literacy and capital market expertise within First Nations. This strategy enables Indigenous shareholders to use stock holdings as securitized assets, unlocking capital for future projects—a significant step toward economic sovereignty.
Full article here: https://www.cbc.ca/news/canada/british-columbia/nations-royalty-mining-company-nisga-a-nation-bc-canada-1.7386290
Posted on behalf of Nations Royalty Corp.