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Nations Royalty Corp. (Ticker: NRC.v or NRYCF for US investors) has established itself as the first majority Indigenous-owned public mining royalty company in Canada.
Launched in June 2024, NRC aims to empower Indigenous communities through its royalty-sharing model.Â
This model allows Indigenous groups to exchange part or all of their royalty payments for shares in NRC, enabling these groups to diversity their assets
In a recent interview with Mining.com, CIO Derrick Pattenden emphasized NRC’s unique approach, which facilitates diversification and long-term value creation.Â
The model primarily targets well-established mining projects, allowing for greater security and collaboration with Indigenous groups that already have impact agreements with mining companies.
Regarding policy and environmental considerations, Pattendon noted that NRC primarily deals with existing royalty agreements, reducing the need to navigate new regulatory complexities.Â
NRC’s model also promotes financial diversification, mitigating risks for Indigenous communities affected by mining operations.
Prominent mining investor Frank Giustra supports NRC’s vision. His experience as the founder of Wheaton Precious Metals, the world’s largest mining royalty company, is seen as a strategic asset in helping NRC grow and establish itself in the market.
Looking ahead, NRC plans to expand its partnerships and may consider other sectors beyond precious and base metals like energy or renewables in the future, but its primary focus remains on mining.
Full interview here: https://vimeo.com/1024052512
Posted on behalf of Nations Royalty Corp.
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