VANCOUVER, BC, Nov. 6, 2024 /CNW/ - Nations Royalty Corp. NRC (FRA: Y96) 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.; andThe 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
(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.
View original content: http://www.newswire.ca/en/releases/archive/November2024/06/c8591.html
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