- CEO
- Derrick Pattenden
- Full Time Employees
- 3
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 595 Burrard Street Vancouver BC Canada V7X 1J1
- IPO Date
- Aug 21, 2008
- Business
- Nations Royalty Corp. (TSXV: NRC) is a royalty company that acquires and manages Indigenous-owned royalties derived from Benefit Agreements on precious metals and natural resource projects, primarily in Canada. The company holds royalty interests in the Brucejack Gold Mine operated by Pretium Resources Inc., a subsidiary of Newmont Corporation; the KSM Copper-Gold-Silver-Molybdenum deposit under development by Seabridge Gold Inc.; the Premier Gold Project and Red Mountain Gold Deposit managed by Ascot Resources Ltd.; and the Kitsault Molybdenum Deposit advanced by New Moly LLC, majority-owned by Resource Capital Fund VI L.P. These entitlements provide annual benefit payments linked to production from these tier-one jurisdiction assets, enabling diversification across gold, copper, silver, molybdenum and other minerals for Indigenous communities and shareholders.
Nations Royalty Corp., a majority-owned entity of the Nisga'a Nation, was founded in 2007 and is headquartered in Vancouver, British Columbia. The company operates in the resource royalty sector, targeting mining projects with Indigenous partnerships to unlock net asset value multiples typically afforded to public royalty firms; its initial portfolio focuses on Canadian properties with plans for global expansion.
In May 2024, the company, formerly Vega Mining Inc., completed its continuance under the Canada Business Corporations Act and changed its name to Nations Royalty Corp. to reflect its strategic shift to the Indigenous royalty model. Recent developments include listing on the OTCQB Venture Market in the U.S. in September 2024, commencement of trading on the Frankfurt Stock Exchange under symbol Y96 in November 2024, and a corporate update in February 2025 appointing Sam Brezden as External Relations Manager amid ongoing development activities. In July 2024, its KSM royalty interest received a "substantially started" designation from the British Columbia government, and in April 2025, Nations Royalty and the Nisga'a Nation released the documentary "Nations Rising" highlighting economic sovereignty efforts. The company closed a $10 million offering in April 2024 to support growth.