Kody Penner

47 million oz of gold in reserve, over 7 billion lbs of copper.

They had five royalties on five different mines through their impact benefit agreements.

we have a royalty on Seabridge Gold's KSM deposit. This is the world's largest permitted but undeveloped copper gold asset with 47 million oz of gold, 10.5 billion pounds of copper in reserve

In in reserves alone, it has like 40 over just over 47 million ounces of gold and over 7 billion pounds of copper, right?

It's the world's largest permitted but undeveloped gold copper deposit.

we have a royalty on Seabridge Gold's KSM deposit. This is the world's largest permitted but undeveloped copper gold asset

What makes KSM unique is it's the largest permitted but undeveloped gold copper deposit in the world, right?

high-grade underground gold mine owned by Newmont, makes about 200,000 oz a year.

in one of the tables there that the life of mine over the 33 years, 100% BC mineral tax is 6.4 billion US.

in one of the tables there that the life of mine over the 33 years, 100% BC mineral tax is 6.4 billion US.

We're probably around call it Canadian 17 million and no debt.

we're trading at about 150 million market cap

uh the the cash last financials September 30th 2025 is about Canadian 4 million

We did a $15 million raise in January.

we did a $15 million raise a few months ago, so that diluted to about 72%

call it Canadian 17 million and no debt.

and then we have no debt.

It's a molybdenum asset owned by Resource Capital Funds or New Molly which we're hoping something gets into production around 2029

We went public in June 2024.

the Nishka First Nation, they're from Northwest British Columbia and Canada.

They their traditional territory lies in 30% of the prolific golden triangle.

all of these assets are in Nishka Nation territory. So they're all in Northern British Co

we look to consolidate different royalty payments from different mines across Canada. Eventually, we would like to go internationally

And then we're in the safe jurisdiction of Canada, which you would think could get a nice premium.

all the royalties in the company are through the Impact Benefit Agreements from the Nisga'a Nation

Our chairman was the founding chief financial officer of Franco-Nevada.

He was appointed CEO. He's our past chief investment officer. 15 years at Canaccord investment banking

for about four years I was actually the vice chair of the board for the tel 10 nation development corporation

They own about 72% now... one of our main shareholders outside Nisga'a is Frank Giustra, um co-founder of Wheaton Precious Metals.

Derek, who was chief investment officer, but is now our new CEO

I was working at Teck Resources and the corporate development team. I used to work underground at the Bruce Jack mine which we have a royalty on. And I worked in mineral exploration. And uh worked in equity research at Argentis Capital

I worked in investor relations with Skina Resources who own the SK Creek project... worked in uh with Agent Capital in equity research... worked with tech resources and uh worked in their copper growth team... I actually I used to work in exploration with with Imperial Metals

This produces around 250,000 oz a year

if if if the Nishka Nation owns 72% right now and we're 150 market cap Canadian, 120 US

This is the world's largest permitted but undeveloped copper gold asset with 47 million oz of gold, 10.5 billion pounds of copper in reserve

we have a royalty on Seabridge Gold's KSM deposit

the Fury group is a a team of mine finance professionals that's headed up by a man named Frank Gustra, who's a very well-known mining entrepreneur. Um right, he was a co-founder of Gold Corp and also a co-founder of Wheat and Precious Metals

They own about 72% now.

The 77 turned to 72% but they're the majority shareholder of the company.

They put all five of those royalties into the company um in exchange for 77% ownership of the company.

the Nisga'a Nation owns 72% of our shares

I'm vice president of corporate development at Nation's Royalty

So the we have a a large controlling shareholder, the Nishka Nation. They own about 77% of the company.

Then on the on the management team and board of directors that's probably around 2.3% somewhere around there

Market cap around Canadian 140 million.

So the the CEO, Robert, I think he owns just shy of about 2 million shares, I would say, which is probably I think probably around 2%.