Core Viewpoint - Nations Royalty Corp. has appointed Derrick Pattenden as the new President and CEO, succeeding Robert McLeod, who will remain as a Director to ensure a smooth leadership transition [1][2][3]. Leadership Transition - Derrick Pattenden, previously the Chief Investment Officer, has over 15 years of experience in the mining industry and holds a Bachelor of Applied Science in Mining Engineering and is a Chartered Financial Analyst [3][4]. - Robert McLeod, the founder and former CEO, will continue to support the company as a Director, emphasizing the importance of Indigenous management in the company's future [2][3][4]. Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders [5]. - The company focuses on combining royalties, income, and commodity streams from resource projects, promoting economic reconciliation and capacity building for Indigenous Peoples in public companies and capital markets [5]. Royalty Interests - Nations Royalty holds royalty interests in several key properties in Canada, including: - Brucejack gold mine operated by Newmont Corporation - KSM Copper-Gold-Silver-Molybdenum deposit by Seabridge Gold Inc. - Premier Gold Project and Red Mountain Gold Deposit, both owned by Ascot Resources Ltd. - Kitsault Molybdenum Deposit, owned by New Moly LLC [6].
Nations Royalty Announces CEO Transition