Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Nations Royalty Corp V.NRC

Alternate Symbol(s):  NRYCF

Nations Royalty Corp is a Canada-based indigenous royalty company, which specializes in mining royalty. The Company is focused on creating royalty diversification for First Nations. The Company’s assets include Brucejack Mine, Premier gold project, Red Mountain Project, KSM project, and Kitsault project. The high-grade Brucejack gold mine is operated by Pretium Resources Inc., a wholly owned... see more

TSXV:NRC - Post Discussion

Nations Royalty Corp > Annual Benefit Payments from the KSM
View:
Post by MarketMakerss on Aug 02, 2024 3:03pm

Annual Benefit Payments from the KSM

Providing an update on its royalty interest, Nations Royalty (NRC.v) announced earlier this week that Seabridge Gold Inc.'s KSM Project in northwest British Columbia has received the 'Substantially Started' designation from the British Columbia Provincial Government.

 

Ensuring that the project's Provincial Environmental Assessment Certificate (EAC) remains valid indefinitely, this designation makes KSM the largest permitted copper-gold development project globally.

 

The KSM Project hosts 47.3 million ounces of gold and 7.3 billion pounds of copper in proven and probable reserves, with over $800 million spent on development, including road, power infrastructure, and camp construction.

 

Notably, NRC holds an entitlement to annual benefit payments from the KSM Project, calculated based on the project's tax payable under the Mineral Tax Act (British Columbia).

 

This entitlement was negotiated by the Nisga'a Nation and contributed to Nations Royalty's royalty portfolio. Kody Penner, Vice President of Corporate Development for Nations Royalty, acknowledged the efforts of Seabridge, the Government of British Columbia, and the thorough consultation with Indigenous groups and nearby communities, including the Nisga'a and Tahltan. Nations Royalty looks forward to continued collaboration and the advancement of the KSM Project, which is vital to the company's future success.

 

News Release: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3352-tsx-venture/nrc/164898-nations-royalty-provides-update-on-royalty-interest-the-ksm-deposit-receives-substantially-started-designation.html

 

Posted on Behalf of Nations Royalty Corp.

Comment by TimeTooSoar on Aug 02, 2024 8:49pm
Why don't u buy shares instead of posting like crazy??? 1,000 volume today comon.. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities