Inactive Instrument

Nova Royalty

Equities

NOVR

CA6698091056

Nova Royalty : Announces Graduation to Tier 1 Status on the TSX Venture Exchange

January 07, 2021 at 09:30 am

VANCOUVER, BC, Jan. 7, 2021 /CNW/ - Nova Royalty Corp. ("Nova" or the "Company") is pleased to announce that it has been approved for graduation from Tier 2 to Tier 1 issuer status on the TSX Venture Exchange (the "TSXV") effective January 8, 2021.

Nova Royalty Corp. Logo (CNW Group/Nova Royalty Corp.)

The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources. Tier 1 is the TSXV's premier tier and is reserved for the TSXV's most advanced issuers with the most significant financial resources. With the graduation to a Tier 1 listing on the TSXV, the securities of Nova previously deposited into escrow will now be governed by the release provisions of issuers subject to Tier 1 status and released over 18 months⁽¹⁾.

About Nova

Nova is a royalty company focused on providing investors with exposure to the key building blocks of clean energy – copper and nickel. The Company is headquartered in Vancouver, British Columbia and is listed on the TSX Venture Exchange under the trading symbol "NOVR".

ON BEHALF OF NOVA ROYALTY CORP.,

(signed) "Alex Tsukernik"

President and Chief Executive Officer
Phone: (604) 696-4241
Email: info@novaroyalty.com

Website: www.novaroyalty.com

Note 1: the following securities will be immediately releasable: 669,000 common shares, 135,000 ‎warrants, 60,000 options, and 33,000 restricted share units and/or any common shares after the exercise of such convertible securities. The remaining escrowed securities will be ‎releasable as follows: 1,115,000 common shares, 225,000 warrants, 100,000 options, and 55,000 ‎restricted share units will be releasable on April 1, 2021; 1,115,000 common shares, 225,000 warrants, ‎‎100,000 options, and 55,000 restricted share units will be releasable on October 1, 2021; and, 1,115,000 ‎common shares, 225,000 warrants, 100,000 options, and 55,000 restricted share units will be releasable ‎on April 1, 2022 (and/or any common shares after the exercise of such convertible securities).

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nova Royalty Corp.

Latest news about Nova Royalty

Nova Royalty Corp.(TSXV:NOVR) dropped from S&P/TSX Venture Composite Index	12-04	CI
Metalla Royalty & Streaming Ltd. completed the acquisition of Nova Royalty Corp. from Beedie Capital and others.	11-30	CI
Nova Royalty Brief: Announcing Receipt of Final Order For Arrangement With Metalla	11-29	MT
Nova Royalty Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-28	CI
Nova Royalty Shareholders Vote to Approve C$190 Million Sale to Metalla Royalty & Streaming	11-27	MT
Nova Royalty Brief: Announcing Shareholder Approval of Arrangement With Metalla	11-27	MT
Nova Royalty Brief: ISS AND GLASS LEWIS Recommending Nova Holders Vote 'For' Strategic Arrangement With Metalla	11-21	MT
Nova Royalty Brief: Edging Up As Obtained Interim Order For Plan of Arrangement and Providing Details of Special Meeting	25/10/23	MT
Metalla Royalty & Streaming Completes $15 Million Financing With Beedie	23/10/23	MT
Metalla Brief: Says Completed C$15 Million Equity Placement With Beedie	23/10/23	MT
Nova Royalty Up Near 3% As Notes Amended Agreement On Metalla's Loan With Beedie	20/10/23	MT
Nova Royalty Notes Amended Agreement On Metalla's Loan With Beedie	20/10/23	MT
Toronto Stocks Flat; Metalla Royalty Falls on Merger With Nova Royalty	08/09/23	DJ
Metalla Falls 11% As Says To Acquire Nova Royalty In $190 Million Deal; Nova Royalty Up 7%	08/09/23	MT
Transcript : Metalla Royalty & Streaming Ltd., Nova Royalty Corp. - M&A Call	08/09/23
Metalla To Acquire Nova Royalty In $190 Million Deal	08/09/23	MT
Metalla and Nova Brief: Metalla and Beedie Capital Announcing Strategic Partnership with C$65 Million Committed	08/09/23	MT
Metalla and Nova Brief: Metalla Royalty & Streaming Buying Nova Royalty Corp.	08/09/23	MT
Metalla Royalty & Streaming Ltd. entered into an agreement to acquire Nova Royalty Corp. from Beedie Capital and others for approximately CAD 180 million.	07/09/23	CI
Nova Royalty Brief: Among Q2 and Beyond Highlights, Cites Increased Copper World royalty; Acquired royalty on Newmont's Saddle North deposit; "Progress" of portfolio assets; Initiated shareholder value maximization process	15/08/23	MT
Nova Royalty Brief: Says Recognized revenue of $520,258 in Q2 2023 from its royalty interests, primarily related to Aura Minerals' Aranzazu mine in Zacatecas, Mexico	15/08/23	MT
Nova Royalty Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	15/08/23	CI
Nova Royalty Completed Acquisition of Additional Royalty on HudBay's Copper World Complex	11/07/23	MT
Nova Completes Acquisition of Additional Royalty on Hudbay's Copper World Complex	11/07/23	CI
Nova Royalty Brief: Completed Acquisition of Additional Royalty on HudBay's Copper World Complex	11/07/23	MT

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Company Profile

Nova Royalty Corp. is a royalty and streaming company. The Company is focused on acquiring copper and nickel Net Smelter Return Royalties (NSRs), Gross Value Return Royalties, Net Proceeds Royalties (NPRs), Net Profit Interests, Gross Proceeds Royalties, Gross Overriding Return Royalties, and non-operating interests in mining projects that provide the right to the holder of a percentage of the gross revenue from metals produced from the project or a percentage of the gross revenue from metals produced from the project after deducting specified costs. Its principal royalty assets acquired consist of Taca Taca, NuevaUnion, Copper World Complex, Josemaria, West Wall, Dumont, Vizcachitas, Dumont, Twin Metals and others. Taca Taca is a porphyry copper-gold-molybdenum project located in northwestern Argentina in the Puna (Altiplano) region of Salta Province. Aranzazu is a copper-gold-silver deposit located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico.

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