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Nomad Royalty Company Ltd
Symbol NSR
Shares Issued 524,526,327
Close 2020-10-13 C$ 1.33
Recent Sedar Documents

Nomad Royalty delivers 3,769 AuEq oz in Q3

2020-10-13 19:24 ET - News Release

Mr. Vincent Metcalfe reports

NOMAD ROYALTY COMPANY ANNOUNCES 2020 THIRD QUARTER GOLD AND SILVER DELIVERIES

Nomad Royalty Company Ltd. has released preliminary gold and silver deliveries from its royalty, stream and gold loan interests (in U.S. dollars unless otherwise noted).

                    METAL DELIVERIES -- ATTRIBUTABLE TO NOMAD

Ounces                                   Q1 2020   Q2 2020   Q3 2020   YTD 2020  

Gold -- Premier Gold prepay loan           2,450     2,450       900      5,800     
Gold -- royalty and stream interests (1)   1,677     1,686     2,200      5,563     
Silver -- stream interests                43,963    56,254    52,616    152,833   
Gold equivalent ounces (2)                 4,597     4,655     3,769     13,021    

Preliminary metal sales

                   METAL SALES -- ATTRIBUTABLE TO NOMAD

Ounces                                   Q1 2020   Q2 2020   Q3 2020   YTD 2020 

Gold -- Premier Gold prepay loan           2,450     2,450       900      5,800    
Gold -- royalty and stream interests (1)   1,677     1,521     2,365      5,563    
Silver -- stream interests               127,946    56,254    52,616    236,816  
Gold equivalent ounces (2)                 5,493     4,491     3,933     13,917   

The company realized preliminary revenues of $7.6-million during the three-month period ended Sept. 30, 2020, resulting from 3,933 gold equivalent ounces (2) sold.

As per the vend-in transactions closed on May 27, 2020, Nomad was entitled to payments made in respect of the acquired assets since Jan. 1, 2020. As such, the preliminary gold and silver deliveries and sales for the three-month periods ended March 31, 2020, June 30, 2020, and nine-month period ended Sept. 30, 2020, include payment received on the closing of the vend-in transactions.

Notes

(1) Preliminary metal sales and deliveries for gold include 409 ounces earned from the RDM NSR royalty (cash settled).

(2) The company's royalty and stream revenues are converted to gold equivalent ounces by dividing the gold royalty and stream revenues for a specific period by the average realized gold price per ounce for the same respective period. Silver earned from royalty and stream agreements are converted to gold equivalent ounces by multiplying the silver ounces by the average silver price for the period and dividing by the average gold price for the period. The gold equivalent ounces attributable to Nomad include the revenues, net of cost of sales from the Bonikro gold stream from Jan. 1 to May 27, 2020, reflected in the consolidated statement of cash flows, investing activities as cash acquired for the three-month periods ended June 30, 2020.

About Nomad Royalty Company Ltd.

Nomad Royalty Company is a gold and silver royalty company that purchases rights to a percentage of the gold or silver produced from a mine, for the life of the mine. Nomad owns a portfolio of 12 royalty, stream and gold loan assets, of which six are on currently producing mines. Nomad plans to grow and diversify its low-cost production profile through the acquisition of additional producing and near-term producing gold and silver streams and royalties.

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