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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:
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The high-grade Brucejack gold mine operated by Newmont Corporation;
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The KSM Copper-Gold-Silver-Molybdenum deposit, currently in development by Seabridge Gold Inc.;
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The Premier Gold Project, currently being commissioned by Ascot Resources Ltd. with first gold poured in April, 2024;
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The Red Mountain Gold Deposit, owned by Ascot Resources Ltd.; and
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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.