Nomad’s common shares trade on the Toronto Stock Exchange under the symbol "NSR" and on the OTCQX Markets under the symbol “NSRXF”.
At September 30, 2020, Nomad had the following securities issued and outstanding:
Issued common shares: 524,529,313
Shares issuable from warrants: 2,884,616
Options, RSUs and DSUs: 11,965,200
Fully diluted shares*: 539,379,129
Nomad has strategic long-term shareholders and a balanced mix of institutional, high-net-worth and retail investors. Orion Mine Finance is currently the largest shareholder and currently holds 396,455,965 shares. Orion Mine Finance vended assets into Nomad in exchange for a share position and becoming the Company’s largest shareholder.
Collectively, Nomad’s executives and directors have personally invested to hold 2.5% of the Company - ensuring the interests of investors and Nomad’s leadership team are aligned
As part of its long-term strategy, Nomad is firmly committed to returning capital to shareholders through a regular dividend in order to generate lasting, reliable and consistent returns for its shareholders. Paying a sustainable dividend is a core strategic objective for Nomad Royalty Company.
On August 26th, 2020 unveiled its dividend policy and declared its inaugural quarterly dividend. The Board of Directors has adopted an annual dividend policy for the Company of C$0.02 per share, payable quarterly.
The first quarterly dividend of C$0.005 per common share will be payable on October 15, 2020 to Nomad shareholders of record as of the close of business on September 30, 2020.
For shareholders residing in the United States, the dividend will be paid in U.S. dollars based on the daily exchange rate published by the Bank of Canada on September 30, 2020. The dividend has been designated by Nomad as an "eligible dividend" under the Income Tax Act (Canada).
Firm: Cormark Securities
Analyst: Nicolas Dion
Phone: +1 (416) 943-4220
Firm: IA Securities
Analyst: Puneet Singh
Phone: 1 (647) 943-7620
Firm: Velocity Trade Capital
Analyst: Michael Siperco
Phone: 1 (416) 323-2150
Firm: BMO Capital Markets
Analyst: Rene Cartier
Phone: 1 (416) 359-5011
Firm: Haywood Securities
Analyst: Kerry Smith
Phone: +1 (416) 507-2306
Copyright © 2020 Nomad Royalty Company Ltd. - All Rights Reserved.
Powered by Gold & Silver