Vancouver, British Columbia — January 16, 2026 — Leads & Copy — Nations Royalty Corp. has announced an increase in the size of its previously announced “bought deal” private placement due to strong investor demand.
The Underwritten Offering has been upsized from C$10,000,000 to C$13,000,000.
Red Cloud Securities Inc. and Canaccord Genuity Corp. will purchase for resale 8,125,000 units of the Company at a price of C$1.60 per Unit.
Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of C$2.25 at any time on or before that date which is 36 months after the Closing Date.
The Company will grant to the Underwriters an option, exercisable up to 48 hours prior to the Closing Date, to purchase for resale up to an additional 1,250,000 Units at the Offering Price for additional gross proceeds of up to C$2,000,000.
The net proceeds of the Offering will be used for acquisitions of royalties, income and commodity streams, annual benefit payments and similar interests, as well as for working capital purposes.
The Units under the Offering will be offered for sale to purchasers resident in all of the provinces of Canada except Québec pursuant to the listed issuer financing exemption under Part 5A of NI 45-106. The Unit Shares and the Warrant Shares underlying the Units are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units will also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended, and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction.
An amended and restated offering document related to the Offering will be made available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.nationsroyalty.ca. Prospective investors should read this Amended and Restated Offering Document before making an investment decision.
The Offering is scheduled to close on January 30, 2026, or such other date as the Company and Red Cloud may agree. Completion of the Offering is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
On closing of the Offering, the Company has agreed to pay to the Underwriters a cash commission equal to 6.0% of the gross proceeds of the Offering. In addition, on closing of the Offering, the Company has agreed to issue to the Underwriters warrants of the Company exercisable for a period of 36 months following the closing of the Offering, to acquire in aggregate that number of Common Shares which is equal to 6.0% of the number of Units sold under the Offering at an exercise price equal to the Offering Price.
The securities offered in the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Nations Royalty’s vision is to unite First Nations and Indigenous groups across Canada, welcoming external investors to join the Company as shareholders. Together, they will combine royalties, income and commodity streams and annual benefit payment entitlements from resource projects, tapping into the growth, diversification and value potential typical of publicly traded royalty companies. As a leader in the spirit of economic reconciliation, Nations Royalty’s mission includes capacity building of Indigenous People in public companies and capital markets.
Nations Royalty’s foundation begins with five annual benefit payment entitlements in place in respect of the following properties in Canada: The high-grade Brucejack gold mine operated by Newmont Corporation; The KSM Copper-Gold-Silver-Molybdenum deposit, currently in development by Seabridge Gold Inc.; The Premier Gold Project, currently evaluating a restart decision by Ascot Resources Ltd.; The Red Mountain Gold Deposit, owned by Ascot Resources Ltd.; and The Kitsault Molybdenum Deposit, a large, fully permitted brownfield site owned and being actively advanced by New Moly LLC, majority-owned by Resource Capital Fund VI L.P.
Derrick Pattenden, President, CEO and Director, can be contacted at derrick.pattenden@nationsroyalty.ca or (604) 609-6126. Kody Penner, VP Corporate Development, can be contacted at kody.penner@nationsroyalty.ca or (604) 356-4995.
Source: Nations Royalty Corp.
