TSXV: NOVR
OTCQB: NOVRF
VANCOUVER, BC, Feb. 13,
2023 /CNW Telbec/ - Nova Royalty Corp.
("Nova" or the "Company") is pleased to announce the
addition of Douglas Silver as an
independent director of the Company's Board of Directors, effective
immediately.
Alex Tsukernik, President and CEO
of Nova, commented, "On behalf of the Board of Directors and
management, I would like to welcome Douglas
Silver to the Nova board. Mr. Silver brings over four
decades of mining sector experience ranging from technical and
capital markets expertise, to founding and managing major royalty
portfolios. We look forward to working with Mr. Silver and believe
that his expertise and strong industry relationships will further
bolster Nova's board as the Company continues to strengthen its
portfolio and evolve into a premier copper and nickel royalty
company.
Douglas Silver
Douglas Silver has over 40 years
of experience as an active professional in the metals and mining
industry. He has been an exploration geologist, management
consultant, mineral appraiser, M&A advisor, investor relations
expert, and mine financier. Mr. Silver was a founder, CEO and
Chairman of International Royalty Corporation and participated in
building the world's largest mining private equity firm as a
portfolio manager. Through his work with the University of Arizona's colleges of Engineering and
Science and the Lowell Institute for Mineral Resources, Mr.
Silver's mentorship and support of education have contributed to
the careers of countless mining industry professionals. Advocacy
for women's involvement at all levels of the mining industry is of
particular importance for Mr. Silver, who has supported the
advancement of women's rights and education in mining throughout
his career. He is a member of the U.S. National Mining Hall of Fame
and will be inducted into the Canadian Mining Hall of Fame in
May 2023, making him one of only
three people to hold both honours.
About Nova
Nova is a royalty company focused on providing investors with
exposure to the key building blocks of clean energy – copper and
nickel. Nova has assembled a portfolio of royalties on a
significant proportion of the next generation of major copper
projects located in 1st-tier jurisdictions, providing
investors exposure to some of the most critical resource assets for
the clean energy transition. These projects are being advanced by
the world's premier mining companies, which include First Quantum,
Lundin, Hudbay, Anglo American and
Glencore, among others. The Company is headquartered in
Vancouver, British Columbia and is
listed on the TSX Venture Exchange under the trading symbol "NOVR"
and on the US OTCQB under the trading symbol "NOVRF".
ON BEHALF OF NOVA ROYALTY CORP.,
(signed) "Alex Tsukernik"
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation (collectively, "forward-looking
statements"). The forward-looking statements herein are made as of
the date of this press release only, and the Company does not
assume any obligation to update or revise them to reflect new
information, estimates or opinions, future events or results or
otherwise, except as required by applicable law. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "expects", "is expected", "budgets",
"scheduled", "estimates", "forecasts", "predicts", "projects",
"intends", "targets", "aims", "anticipates" or "believes" or
variations (including negative variations) of such words and
phrases or may be identified by statements to the effect that
certain actions "may", "could", "should", "would", "might" or
"will" be taken, occur or be achieved. Forward-looking statements
include, but are not limited to, statements regarding future board
contributions, the Company evolving into a premier copper and
nickel royalty company and induction into the Canadian Mining Hall
of Fame. Forward-looking statements are subject to various known
and unknown risks and uncertainties, many of which are beyond the
ability of Nova to control or predict, that may cause Nova's actual
results, performance or achievements to be materially different
from those expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set
out herein, including, but not limited to, the risk factors set out
under the heading "Risk Factors" in the Company's annual
information form dated April 29, 2022
and other filings available for review on the Company's profile
at www.sedar.com. Such forward-looking information
represents management's best judgment based on information
currently available. Except as required by applicable securities
laws, the Company undertakes no obligation to update these
forward-looking statements in the event that management's beliefs,
estimates or opinions, or other factors, should change. No
forward-looking statement can be guaranteed and actual future
results may vary materially. Accordingly, readers are advised not
to place undue reliance on forward-looking statements.
SOURCE Nova Royalty Corp.