VANCOUVER, BC, Nov. 6, 2024
/CNW/ - Nations Royalty Corp. (TSXV: NRC)
(FRA: Y96) (OTCQB: NRYCF) ("Nations Royalty" or
the "Company") is pleased to announce that the Company's
common shares now trade on the Frankfurt Stock Exchange
("FSE") in Germany under
the trading symbol "Y96". The ISIN
for the common shares is CA63861X1033 and classification number
(WKN) is A40C02.
The FSE is one of the world's largest (behind only the Nasdaq
and NYSE) organized exchange-trading markets in terms of turnover
and dealings in securities. This European listing is expected to
broaden the awareness and facilitate investment in Nations Royalty
by European investors in major financial hubs through its
Frankfurt listing. Operated by the
Deutsche Boerse AG, the FSE is the largest of Germany's seven stock exchanges, and is
responsible for approximately 90 percent of all securities traded
in Germany. The FSE facilitates
advanced electronic trading, settlement and information systems and
enables cross-border trading for international investors.
"We are excited about Nations Royalty's entry into the
European capital markets through our Frankfurt Stock Exchange
listing. As Germany's premier
stock exchange, it marks a significant milestone in our efforts to
expand our reach with investors overseas," stated Robert McLeod, CEO and Director of the Company.
"Listing on the FSE should serve to increase liquidity and our
visibility on a global scale."
About Nations Royalty Corp.
The Company's vision is to unite First Nations and Indigenous
groups across Canada, welcoming
external investors to join the Company as shareholders. Together,
they will combine royalties, income and commodity streams and
annual benefit payment entitlements from resource projects, tapping
into the growth, diversification and value potential typical of
publicly traded royalty companies. As a leader in the spirit of
economic reconciliation, Nations Royalty's mission includes
capacity building of Indigenous People in public companies and
capital markets.
Nations Royalty's foundation begins with five annual benefit
payment entitlements in place in respect of the following
properties in Canada:
- The high-grade Brucejack gold mine operated by Newmont
Corporation;
- The KSM Copper-Gold-Silver-Molybdenum deposit, currently
in development by Seabridge Gold Inc.;
- The Premier Gold Project, currently being commissioned
by Ascot Resources Ltd. with first gold poured in April, 2024;
- The Red Mountain Gold Deposit, owned by Ascot Resources
Ltd.; and
- The Kitsault Molybdenum Deposit, a large, fully
permitted brownfield site owned and being actively advanced by New
Moly LLC, majority-owned by Resource Capital Fund VI L.P.
On behalf of the Board of Directors of Nations Royalty
Corp.
"Robert McLeod"
Robert
McLeod, Chief Executive Officer
rm@nationsroyalty.ca
(604) 617-0616
Cautionary Statement Regarding Forward-Looking
Information
Certain statements in this press release constitute
forward-looking statements within the meaning of applicable
securities laws. Forward-looking statements are frequently
characterized by words such as "plan", "continue", "expect",
"project", "intend", "believe", "anticipate", "estimate", "may",
"will", "potential", "proposed" and other similar words, or
statements that certain events or conditions "may" or "will" occur.
Forward-looking statements are based on the current expectations of
management of the Company. Actual events and conditions could
differ materially from those expressed or implied in this press
release as a result of known and unknown risk factors and
uncertainties affecting the Company, including risks regarding the
industry in which the Company operates, economic factors, the
equity markets generally and risks associated with growth and
competition. Additional risk factors are also set forth in the
Company's management's discussion and analysis and other filings
available via the System for Electronic Document Analysis and
Retrieval (SEDAR+) under the Company 's profile at
www.sedarplus.ca. Although the Company has attempted to identify
certain factors that could cause actual actions, events or results
to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results to differ from those anticipated, estimated or intended.
No forward-looking statement can be taken as guaranteed. The
forward-looking information contained in this press release is made
as of the date hereof and the Company is not obligated to update or
revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, readers should not place any undue
reliance on forward looking information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Nations Royalty Corp.