New Frankfurt Stock Exchange Listing Provides Exposure to the Last Untapped Royalty Space: Nations Royalty (NRC.v NRYCF)
Yesterday, Nations Royalty (NRC.v NRYCF) announced its listing on the Frankfurt Stock Exchange under the symbol "Y96", a major international exchange, facilitating cross-border trading and providing advanced electronic trading systems.
Strategic Importance of the FSE Listing
The FSE listing broadens Nations Royalty’s reach to European investors, enhancing the company's visibility and liquidity within European financial markets. Robert McLeod, CEO of Nations Royalty, highlighted that this move aims to expand the company’s investor base on a global scale.
Company Vision and Mission
Nations Royalty’s mission is to unite First Nations and Indigenous groups across Canada, inviting external investors as shareholders. The company aims to generate returns by combining royalties, income streams, and annual benefits from resource projects, while promoting economic reconciliation and building Indigenous capacity in public markets.
Current Royalty Interests
Nations Royalty holds benefit payment entitlements from five resource properties in Canada, including:
- Brucejack Gold Mine (Newmont Corporation): A high-grade gold mine.
- KSM Deposit (Seabridge Gold Inc.): A major copper-gold-silver-molybdenum deposit.
- Premier Gold Project (Ascot Resources Ltd.): First gold was poured in April 2024.
- Red Mountain Gold Deposit (Ascot Resources Ltd.): Another significant gold property.
- Kitsault Molybdenum Deposit (New Moly LLC): A fully permitted brownfield site actively being developed.
For more information, refer to this deep dive: https://www.reddit.com/r/Wallstreetbetsnew/comments/1gjthpn/nations_royalty_nrcv_nrycf_leading_the_charge_in/
Full News Release: https://nationsroyalty.ca/2024%2F11%2F06-news-release
Posted on Behalf of Nations Royalty Corp.