Nations Royalty Grants Incentive Stock Options

Press Release

July 25, 2025

Vancouver, British Columbia— Nations Royalty Corp. (TSXV: NRC) (OTCQB: NRYCF) (FSE: Y96) (“Nations Royalty” or the “Company”) announces that it has granted stock options to certain directors, officers, employees, and consultants to purchase an aggregate of 1,015,000 common shares of the Company at an exercise price of $0.58 per share, being the volume-weighted average price of the Company’s shares on the TSX Venture Exchange (“TSXV”) for the 5-day period ending July 24, 2025.

The options are exercisable for a period of five (5) years and will vest as follows: one-third (1/3) on the date of grant, one-third (1/3) after 12 months, and the remaining one-third (1/3) after 24 months from the date of grant.

The grant of options is subject to the terms of the Company’s stock option plan and the approval of the TSXV.

“Our team continues to advance discussions on cash-flowing, Indigenous-owned precious metal royalties in Canada, as well as advise First Nations and Indigenous groups on their structuring of royalties on new and existing mines. This stock option grant reflects our Indigenous management team’s efforts to date,” said Derrick Pattenden, Chief Investment Offer for Nations Royalty Corp.

About Nations Royalty Corp.

The Company’s vision is to unite First Nations and Indigenous groups across Canada, welcoming external investors to join the Company as shareholders. Together, they will combine royalties, income and commodity streams and annual benefit payment entitlements from resource projects, tapping into the growth, diversification and value potential typical of publicly traded royalty companies. As a leader in the spirit of economic reconciliation, Nations Royalty’s mission includes capacity building of Indigenous People in public companies and capital markets.

Nations Royalty’s foundation begins with five annual benefit payment entitlements in place in respect of the following properties in Canada:

• 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;

• 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 by Resource Capital Fund VI L.P.

On behalf of the Board of Directors of Nations Royalty Corp.

“Robert McLeod”
Robert McLeod, Chief Executive Officer
rm@nationsroyalty.ca
(604) 617-0616

For more information, please contact:

Derrick Pattenden, Chief Investment Officer
derrick.pattenden@nationsroyalty.ca
(604) 609-6126

Kody Penner, VP Corporate Development
kody.penner@nationsroyalty.ca
(604) 356-4995

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