Nations Royalty Appoints Kody Penner as Vice President Corporate Development
Kody will help Nations Royalty partner with Indigenous groups across
He is an accomplished, young Indigenous business leader in mining. Kody previously advanced from an underground miner to a Strategy role at
Kody has driven value for Indigenous communities and mining companies while building lasting, sustainable relationships. He brings a collaborative approach to decision-making, aligning the values of rights holders and stakeholders toward common goals.
As Lead, Business Planning at Teck Resources Limited's ("Teck") Copper Growth group, Kody advanced Teck's development assets through effective business planning, efficient capital allocation, and strong governance frameworks. Prior to Teck, he worked as a Mining Analyst for
Kody is a proud citizen of the Tahltan Nation, the northern Indigenous neighbors to the Nisga'a Nation, the founding First Nation of Nations Royalty. The Tahltan have a rich mining history, from obsidian mining at Mt. Edziza to active operations and contracting throughout their territory. Advanced projects and mines on Tahltan territory include Brucejack and KSM, which overlap with Nisga'a, the Red Chris and Silvertip mines, the
Growing up in the mining industry, Kody worked at Imperial Metal's
The Company also announces that it has engaged
The Company and Native Ads act at arm's length and Native Ads has no present interest, directly or indirectly, in the Company or its securities. The appointment of Native Ads is subject to approval by the
Native Ads is a full-service ad agency in business since 2014 that owns and operates a proprietary ad exchange with over 80 integrated SSPs (supply-side platforms) resulting in daily access to three to seven billion North American ad impressions. It is only digital agency serving public companies that owns both its own ad network, as well as a financial publisher network. Native Ads has offices in
The Company's vision is to unite First Nations and Indigenous groups across
Nations Royalty's foundation begins with five annual benefit payment entitlements t in place in respect of the following properties in
- The high-grade Brucejack gold mine operated by
Pretium Resources Inc. , a wholly-owned indirect subsidiary of Newmont Corporation, a large underground gold mine; - The KSM Copper-Gold-Silver-Molybdenum deposit, currently in development by Seabridge Gold Inc.;
- The
Premier Gold Project , currently being commissioned by Ascot Resources Ltd. with first gold poured in April, 2024 and commercial production scheduled for Q3 2024; - 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 byResource Capital Fund VI L.P.
On behalf of the Board of Directors of
"Robert McLeod"
Interim Chief Executive Officer
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words, or variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this news release include information relating to Kody's ability to help Nations Royalty partner with Indigenous groups across
By their nature, forward-looking statement involve known and unknown risks, uncertainties and other factors, which may cause actual result, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern, risks associated with potential governmental and/or regulatory action with respect to the Company's operations, the potential inability of the Company to implement its business plan going forward. . Such statements and information reflect the current view of the Company and are based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions regarding Kody's ability to help Nations Royalty partner with Indigenous groups across
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
SOURCE