Base Metals

TSXV: NOVR
OTCQB: NOVRF

Nova Royalty Corp. (" Nova " or the " Company ") (TSXV: NOVR) (OTCQB: NOVRF) is pleased to announce the voting results for its annual general meeting of shareholders held on June 10, 2021 (the " Meeting "). Brett Heath Alex Tsukernik E.B. Tucker, Andrew Greville and Denis Silva were re-elected to serve as directors of the Company and Luke Leslie was also elected to act as a new director of the Company.

Nova Royalty Corp. Logo (CNW Group/Nova Royalty Corp.)

Appointment of Luke Leslie

Mr. Luke Leslie is currently Chief Financial Officer and a Director at Shanta Gold Limited. He previously served on the Boards of Directors of Kincora Copper and REBGold Corporation. Luke began his career with roles at Accenture and UBS Investment Bank's corporate finance team.

Annual General Meeting Results

A total of 21,397,212 common shares were represented at the Meeting, representing 28.37% of the Company's issued and outstanding common shares.

Shareholders approved all matters brought before the Meeting as follows:

MOTIONS

PERCENTAGE OF VOTES CAST


FOR

AGAINST

WITHHELD/ABSTAIN

RESTRICTED

FOR

AGAINST

WITHHELD/ABSTAIN

Number of Directors

13,409,267

28,254

0


99.79%

0.21%

0.00%

Brett Heath

13,405,462

0

32,059


99.76%

0.00%

0.24%

Alex Tsukernik

13,011,300

0

426,221


96.83%

0.00%

3.17%

E.B. Tucker

13,404,012

0

33,509


99.75%

0.00%

0.25%

Denis Silva

13,376,512

0

61,009


99.55%

0.00%

0.45%

Andrew Greville

13,405,512

0

32,009


99.76%

0.00%

0.24%

Luke Leslie

13,405,512

0

32,009


99.76%

0.00%

0.24%

Appointment of Auditor

21,356,793

0

40,419


99.81%

0.00%

0.19%

Ratification of Share Compensation Plan

12,977,630

459,891

0


96.58%

3.42%

0.00%

Amendment to Share Compensation Plan

3,910,409*

616,311

0

8,910,800

86.39%

13.61%

0.00%

*Excluding 8,910,800 shares held by insiders.

ABOUT NOVA

Nova is a royalty company focused on providing investors with exposure to the key building blocks of clean energy – copper and nickel. The Company is headquartered in Vancouver, British Columbia and is listed on the TSX Venture Exchange under the trading symbol "NOVR" and on the US OTCQB under the trading symbol "NOVRF".

ON BEHALF OF Nova Royalty CORP.,

(signed) "Alex Tsukernik"

President and Chief Executive Officer
Phone: (604) 696-4241
Email: info@novaroyalty.com

Website: www.novaroyalty.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking information" and "forward-looking statements" within the ‎meaning of applicable securities legislation. The forward-looking statements herein are made as of the date ‎of this press release only, and the Company does not assume any obligation to update or revise them to ‎reflect new information, estimates or opinions, future events or results or otherwise, except as required by ‎applicable law. Often, but not always, forward-looking statements can be identified by the use of words ‎such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", ‎‎"projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative ‎variations)  of such words and phrases or may be identified by statements to the effect that certain actions ‎‎"may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking ‎information in this press release includes, but is not limited to, statements relating to plans of the property owners to advance their properties on which Nova has royalties. Forward-looking ‎statements and information are subject to various known and unknown risks and uncertainties, many of ‎which are beyond the ability of Nova to control or predict, that may cause Nova's actual results, ‎performance or achievements to be materially different from those expressed or implied thereby, and are ‎developed based on assumptions about such risks, uncertainties and other factors set out herein, including, ‎but not limited to, the risk factors set out under the heading "Risk Factors" in the Company's annual information form prospectus dated April 30, 2021 available for review on the Company's profile at ‎www.sedar.com. Such forward-looking information represents management's best judgment based on ‎information currently available. Except as required by applicable securities laws, the Company undertakes ‎no obligation to update these forward-looking statements in the event that management's beliefs, estimates ‎or opinions, or other factors, should change. No forward-looking statement can be guaranteed and actual ‎future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-‎looking statements or information.‎

SOURCE Nova Royalty Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/14/c8817.html

News Provided by Canada Newswire via QuoteMedia

Nova Royalty

Nova Royalty


Keep reading...Show less
Turquoise Hill Resources Ltd.

Turquoise Hill Resources Ltd.

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine molybdenum and rhenium in Australia, and gold at the Kyzyl Gold Project in Kazakhstan.

Ivanhoe Mines to Issue Q2 2022 Financial Results and Host Conference Call for Investors on August 15, 2022

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will report its Q2 2022 financial results before market open on Monday, August 15, 2022.

The company will hold an investor conference call to discuss the Q2 2022 financial results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call dial-in is +1-647-484-0258 or toll free 1-800-289-0720, quote "Ivanhoe Mines Q2 2022 Financial Results" if requested. Media are invited to attend on a listen-only basis.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
What Was the Highest Price for Copper?

What Was the Highest Price for Copper?

Strong demand in the face of looming supply shortages has pushed copper to new heights in recent years.

With a wide range of applications in nearly every sector, copper is by far the most industrious of the base metals. In fact, for decades, the copper price has been a key indicator of global economic health, earning the red metal the moniker “Dr. Copper.” Rising prices tend to signal a strong global economy, while a significant longer-term drop in the price of copper is often a symptom of economic instability.

After bottoming out at US$2.17 per pound in mid-March 2020, copper has largely been on an upward trajectory.

Keep reading...Show less

Lundin Mining Provides Update on Ojos del Salado Operations in Chile

Lundin Mining Logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") continues to investigate the cause of a sinkhole that was detected near the Alcaparrosa mine of its Minera Ojos del Salado operations in Chile on July 30 and is cooperating fully with Chilean regulatory authorities in relation to the incident.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Hudbay Files Early Warning Report for American Copper Development Corporation

Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) today announced that, pursuant to the terms of an asset purchase agreement dated May 18, 2022 between, among others, American Copper Development Corporation (" American Copper ") and Hudbay's wholly owned subsidiary, Mason Resources (US) Inc. (" Mason "), American Copper issued 9,896,591 common shares (the " Consideration Shares ") to Mason as partial consideration for the acquisition of a 100% interest in Mason's Lordsburg property in New Mexico, United States. The Consideration Shares represent approximately 12.0% of American Copper's currently issued and outstanding shares.

Promptly following the closing of the transaction, Mason entered an agreement to transfer the Consideration Shares to Hudbay at fair market value. Prior to the transaction, Hudbay held no common shares of American Copper.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×