Indigenous-owned Mining Royalty Firm Targeting Canadian Resource Opportunities

Portfolio focused on BC's Golden Triangle

Nations Royalty currently holds royalties on five major projects in the Golden Triangle of BC, Canada.

These include annual benefit payments tied to high-profile sites like Newmont’s (TSX:NGT,NYSE:NEM) producing Brucejack gold mine and Seabridge Gold’s (TSX:SEA,NYSE:SA) KSM project. Other royalties in the portfolio relate to the Premier gold project, the Red Mountain gold project and the Kitsault molybdenum project.

While the Nisga’a Nation is the majority owner, the company is actively seeking partnerships with other Indigenous groups to expand its shareholder base and royalty portfolio.

Rob McLeod, CEO of Nations Royalty, told the Canadian Press that there are over 400 benefit agreements between First Nations and mining companies across Canada, representing significant untapped potential.

He added that for Indigenous communities with limited access to capital or a single mining project on their land, joining Nations Royalty offers the ability to generate revenue even before mines begin production.

Additionally, shareholders can use their equity to access loans or fund further development projects.

Indigenous governance and recent developments

Nations Royalty’s board of directors and executive team reflect its commitment to Indigenous leadership, with nearly all members coming from Indigenous backgrounds. While McLeod currently serves as CEO, the company plans to transition to Indigenous leadership as it builds capacity within its ranks.

The company's annual general and special meeting was held on November 14, and Nations Royalty reported strong shareholder support for its business agenda at the event. All director nominees were elected, Deloitte was appointed as auditor and an amended stock option plan was approved.