The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial resources. Tier 1 is the TSXV's premier tier and is reserved for the TSXV's most advanced issuers with the most significant financial resources. With the graduation to a Tier 1 listing on the TSXV, the securities of Nova previously deposited into escrow will now be governed by the release provisions of issuers subject to Tier 1 status and released over 18 months(1).
About Nova
Nova is a royalty company focused on providing investors with exposure to the key building blocks of clean energy – copper and nickel. The Company is headquartered in
ON BEHALF OF NOVA ROYALTY CORP.,
(signed) "Alex Tsukernik"
President and Chief Executive Officer
Phone: (604) 696-4241
Email: info@novaroyalty.com
Website: www.novaroyalty.com
Note 1: the following securities will be immediately releasable: 669,000 common shares, 135,000 warrants, 60,000 options, and 33,000 restricted share units and/or any common shares after the exercise of such convertible securities. The remaining escrowed securities will be releasable as follows: 1,115,000 common shares, 225,000 warrants, 100,000 options, and 55,000 restricted share units will be releasable on
Neither the
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