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Nova Royalty Management

Management criteria checks 0/4

Nova Royalty's CEO is Hashim Ahmed, appointed in May 2023, has a tenure of less than a year. directly owns 0.033% of the company’s shares, worth CA$48.99K. The average tenure of the management team and the board of directors is 1.3 years and 2.8 years respectively.

Key information

Hashim Ahmed

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.03%
Management average tenure	1.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO

Hashim Ahmed

less than a year

Tenure

Mr. Hashim Ahmed, CA, C.P.A., has been Independent Chairman of the Board of Stratabound Minerals Corp. since December 2020. He serves as Interim Chief Executive Officer at Nova Royalty Corp. since May 16,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Tsang	Interim Chief Financial Officer	less than a year	CA$158.13k	0.0036% CA$ 5.4k
Greg DiTomaso	Vice President of Investor Relations	1.9yrs	CA$252.13k	no data
Brian Ferrey	Vice President of Corporate Development & Strategy	2.7yrs	CA$581.36k	0.060% CA$ 89.9k
Hashim Ahmed	Interim Chief Executive Officer	less than a year	no data	0.033% CA$ 49.0k
Kim Casswell	Corporate Secretary	no data	no data	0.0018% CA$ 2.7k

1.3yrs

Average Tenure

Experienced Management: NOVR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Luke Leslie	Independent Non-Executive Director	2.5yrs	CA$92.45k	no data
Brett Heath	Independent Non-Executive Chairman	3.3yrs	CA$444.06k	4.53% CA$ 6.7m
E. Tucker	Independent Non-Executive Director	3.1yrs	CA$464.48k	2.15% CA$ 3.2m
Guy Elliott	Independent Non-Executive Director	1.4yrs	CA$105.51k	0.0052% CA$ 7.7k

2.8yrs

Average Tenure

Experienced Board: NOVR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

This company has been acquired

Nova Royalty Management

Management criteria checks 0/4

Key information

Recent management updates

Nova Royalty Corp. Announces Board Resignations

Nova Royalty Announces CFO Changes

Independent Non-Executive Director exercised options to buy CA$49k worth of stock.

Independent Non-Executive Director recently sold CA$75k worth of stock

Nova Royalty Corp. Appoints Douglas Silver as Independent Director

Independent Non-Executive Director recently sold CA$52k worth of stock

Recent updates

Nova Royalty Corp. Common Shares to Be Deleted from OTC Equity

Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.027 loss in 3Q 2022)

New major risk - Financial position

New minor risk - Market cap size

Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million.

Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million.

New minor risk - Financial position

Second quarter 2023 earnings released: CA$0.031 loss per share (vs CA$0.023 loss in 2Q 2022)

Nova Royalty Corp. Announces Board Resignations

Nova Royalty Announces CFO Changes

Nova Royalty Corp. to Report Q1, 2023 Results on May 17, 2023

Full year 2022 earnings released: CA$0.093 loss per share (vs CA$0.12 loss in FY 2021)

Independent Non-Executive Director exercised options to buy CA$49k worth of stock.

Independent Non-Executive Director recently sold CA$75k worth of stock

Nova Royalty Corp. Appoints Douglas Silver as Independent Director

Independent Non-Executive Director recently sold CA$52k worth of stock

Independent Non-Executive Director recently sold CA$75k worth of stock

Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 3Q 2021)

High number of new and inexperienced directors

Nova Royalty Corp. to Report Q3, 2022 Results on Nov 16, 2022

Insider recently bought CA$304k worth of stock

Second quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.018 loss in 2Q 2021)

Nova Royalty Corp. to Report Q2, 2022 Results on Aug 10, 2022

Nova Royalty Corp. Appoints Guy Elliott as an Independent Director and Chair of the Audit Committee

Independent Non-Executive Director recently sold CA$114k worth of stock

High number of new and inexperienced directors

Nova Royalty Corp., Annual General Meeting, Jun 21, 2022

Independent Non-Executive Director recently sold CA$98k worth of stock

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Nova Royalty Corp. announced that it has received CAD 2.072399 million in funding

Insider recently bought CA$1m worth of stock

Nova Royalty Corp. has completed a Follow-on Equity Offering in the amount of CAD 12.71358 million.

Insider recently bought CA$97k worth of stock

Insider recently bought CA$125k worth of stock

Nova Royalty Provides Update on its Investment in the Vizcachitas Project and Appoints Douglas Silver as Strategic Advisor

Nova Royalty Provides Update on its Investment in the Vizcachitas Project and Appoints Douglas Silver as Strategic Advisor

Independent Non-Executive Director exercised options to buy CA$1.3m worth of stock.

Nova Royalty Corp. (TSXV:NOVR) completed the acquisition of 0.98% Royalty on Open Pit Operations and 0.49% on Underground Operations on Vizcachitas Project from Resource Capital Fund VI L.P., a fund managed by RCF Management, LLC, for CLP 4.6 billion.

New 90-day high: CA$5.34

Nova Royalty Corp. Announces Board Changes

Nova Royalty Adds E.B. Tucker to the Board of Directors

Nova Royalty Corp. Announces Chief Financial Officer Changes

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure