Nations Royalty Announces Closing of Bought Deal LIFE Private Placement for Gross Proceeds of C$15 Million

Core Viewpoint - Nations Royalty Corp. has successfully closed a private placement offering, raising gross proceeds of C$15,000,000 through the sale of 9,375,000 units at a price of C$1.60 per unit, including the full exercise of the over-allotment option [1] Group 1: Offering Details - The offering consisted of units, each comprising one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.25 until January 30, 2029 [1] - Red Cloud Securities Inc. and Canaccord Genuity Corp. acted as underwriters, receiving cash fees of C$873,600 and 546,000 non-transferable common share purchase warrants as compensation [2] Group 2: Regulatory Compliance - The units were issued to Canadian purchasers under the listed issuer financing exemption, making them immediately freely tradeable in accordance with Canadian securities legislation [3] - The closing of the offering is subject to final approval from the TSX Venture Exchange [4] Group 3: Company Vision and Mission - Nations Royalty aims to unite First Nations and Indigenous groups across Canada, inviting external investors to participate as shareholders, thereby combining royalties and income from resource projects [6] - The company focuses on economic reconciliation and capacity building for Indigenous Peoples in public companies and capital markets [6] Group 4: Properties and Benefits - Nations Royalty has established five annual benefit payment entitlements related to various properties in Canada, including the Brucejack gold mine and the KSM Copper-Gold-Silver-Molybdenum deposit [7]