The Nisga’a Lisims Government has released an update on Nations Royalty, highlighting financial progress and long-term goals as the Indigenous-owned company moves into 2026.
In a statement issued January 21 from New Aiyansh, the Nisga’a Nation confirmed that Nations Royalty recently announced a financing originally valued at 10 million dollars. Due to strong investor interest, the financing was increased to 15 million dollars and is expected to close on or around January 30.
Nations Royalty was founded in 2024 with the Nisga’a Nation playing a key role. It is Canada’s first majority Indigenous-owned publicly traded mining royalty company, focused on keeping Indigenous wealth in Indigenous hands.
The Nation says the financing strengthens the company’s balance sheet and improves stability as it works toward bringing additional royalty assets into production. Currently, the company receives revenue from Newmont’s Brucejack mine, with future revenue expected from Ascot Resources’ Premier and Red Mountain mine.
The financing also improves Nations Royalty’s ability to engage with potential Indigenous partners and pursue new royalty opportunities. The Nisga’a Nation did not invest additional capital in this round, with growth funded through public markets.
When Nations Royalty was formed, the Nisga’a Nation’s shares were valued at about 100 million dollars. As of January 19, that value had grown to approximately 200 million dollars.
Looking ahead, the company’s priority is to welcome more Indigenous partners, increase revenues, and work toward returning capital to shareholders, led by the Nisga’a Nation.
Comments