TSXV: NOVR
OTCQB: NOVRF
VANCOUVER, BC, June 28,
2023 /CNW/ - Nova Royalty Corp. ("Nova"
or the "Company") (TSXV: NOVR) (OTCQB: NOVRF) is pleased to
announce the voting results for its annual general meeting of
shareholders held on June 28, 2023
(the "Meeting"). Brett Heath,
E.B. Tucker, Luke Leslie, and
Guy Elliott were re-elected to serve
as directors of the Company. A total of 42,834,186 common
shares were represented at the Meeting, representing 48.24% of the
Company's issued and outstanding common shares.
Shareholders approved all matters brought before the
Meeting as follows:
MOTIONS
|
NUMBER OF
SHARES
|
PERCENTAGE OF VOTES
CAST
|
FOR
|
AGAINST
|
WITHHELD/
ABSTAIN
|
FOR
|
AGAINST
|
WITHHELD/
ABSTAIN
|
Number of
Directors
|
42,511,472
|
322,714
|
0
|
99.25 %
|
0.75 %
|
0.00 %
|
Brett Heath
|
28,218,517
|
0
|
571,871
|
98.01 %
|
0.00 %
|
1.99 %
|
E.B. Tucker
|
28,220,327
|
0
|
570,061
|
98.02 %
|
0.00 %
|
1.98 %
|
Luke Leslie
|
28,215,438
|
0
|
574,950
|
98.00 %
|
0.00 %
|
2.00 %
|
Guy Elliott
|
28,220,374
|
0
|
570,014
|
98.02 %
|
0.00 %
|
1.98 %
|
Appointment of
Auditors
|
42,629,516
|
0
|
204,670
|
99.52 %
|
0.00 %
|
0.48 %
|
Approval of Share
Compensation Plan
|
26,284,013
|
2,506,375
|
0
|
91.29 %
|
8.71 %
|
0.00 %
|
About Nova
Nova Royalty Corp. is a copper and nickel-focused royalty
company. 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
Mining, 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) "Hashim Ahmed"
Interim Chief Executive Officer
Phone: (647) 970-4113
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.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation. 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
and information 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 March 23, 2023
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 or
information.
SOURCE Nova Royalty Corp.