Core Viewpoint - Nations Royalty Corp. has increased the size of its private placement offering from C$10 million to C$13 million due to strong investor demand [1] Offering Details - The offering will consist of 8,125,000 units priced at C$1.60 per unit, each unit comprising one common share and one-half of a common share purchase warrant [1][2] - Each whole warrant allows the holder to purchase one common share at a price of C$2.25 within 36 months after the closing date [2] - An over-allotment option allows underwriters to purchase an additional 1,250,000 units for up to C$2 million [3] Use of Proceeds - The net proceeds from the offering will be used for acquisitions of royalties, income and commodity streams, annual benefit payments, and working capital [4] Regulatory Compliance - The offering will comply with National Instrument 45-106 and will be available to purchasers in all Canadian provinces except Québec [5] - The units will also be offered in the U.S. and other jurisdictions under applicable laws [5] Closing and Underwriter Compensation - The offering is scheduled to close on January 30, 2026, subject to necessary approvals [7] - The company will pay underwriters a cash commission of 6.0% of the gross proceeds and issue warrants equal to 6.0% of the units sold [7] Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups in Canada, inviting external investors to participate as shareholders [10] - The company focuses on combining royalties and income streams from resource projects to enhance growth and value [10]
Nations Royalty Announces Upsize of Bought Deal LIFE Private Placement for Gross Proceeds of C$13 Million