{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSXV/NRC",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Nations Royalty Corp. (TSXV: NRC) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nNations Royalty Corp. is listed on the TSXV under the ticker NRC. Its ISIN is CA63861X1033 and its LEI is 894500ERIN5ZMHK77V07. The security type is Corporate, the segment is not on the record, the sector is Mining, and the jurisdiction is British Columbia. The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 9 filings in the twelve months to 2026-11-06, on 9 filing days. The filings are 7 newswire releases, 1 financial statement and 1 exchange bulletin. The median gap between filing days is 17.5 days. The latest filing is a newswire release dated 2026-08-31, which is 67 days before the record date. On the TSXV the median cadence gap is 19 days, the median filing count is 9 and the median latency is 17.0 days. In the Mining sector the median cadence gap is 17.0 days, the median filing count is 10.0 and the median latency is 15.0 days.\n\n## Auditor\n\nThe auditor of record is Ernst & Young LLP. The auditor's location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move events. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder paragraph (o) of the definition the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were named on the issuer's investor-relations page, and none was found on the pages read. The count is 0.\n\n## Open research\n\nNo openly published research notes were found. The count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsxv/^* (identity.exchange)\n- https://ceo.ca/NRC (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/894500ERIN5ZMHK77V07 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSXV/NRC (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1711570/000149315221009471/ex99-50.htm (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSXV/NRC (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1711570/000149315221009471/ex99-50.htm",
    "state": "sourced",
    "value": "Ernst & Young LLP"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSXV/NRC",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1427,
     "median_cadence_gap_days": 19,
     "median_filings": 9,
     "median_latency_days": 17,
     "name": "TSXV"
    },
    "sector": {
     "issuers": 1414,
     "median_cadence_gap_days": 17,
     "median_filings": 10,
     "median_latency_days": 15,
     "name": "Mining"
    }
   },
   "by_type": {
    "exchange_bulletin": 1,
    "financial_statement": 1,
    "newswire_release": 7
   },
   "cadence_median_gap_days": 17.5,
   "filing_days": 9,
   "filings": 9,
   "latency_days": 67,
   "latest": [
    {
     "category": null,
     "date": "2026-08-31",
     "source": "http://www.newsfilecorp.com/release/311982/Nations-Royalty-Reports-Record-Q1-Fiscal-2027-Revenue-and-Maiden-Quarterly-Profit",
     "title": "Nations Royalty Reports Record Q1 Fiscal 2027 Revenue and Maiden Quarterly Profit",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-07-28",
     "source": "https://www.newsfilecorp.com/release/306845/Nations-Royalty-Reports-Fiscal-2026-YearEnd-Results-and-Provides-Portfolio-Update",
     "title": "Nations Royalty Reports Fiscal 2026 Year-End Results and ...",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-05-13",
     "source": "https://www.newsfilecorp.com/release/297273/Nations-Royalty-Grants-Incentive-Stock-Options",
     "title": "Nations Royalty Grants Incentive Stock Options - TMX Newsfile",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-02-24",
     "source": "https://www.newsfilecorp.com/release/284974/Nations-Royalty-Announces-Upgrade-to-the-OTCQX",
     "title": "Nations Royalty Announces Upgrade to the OTCQX",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-02-11",
     "source": "http://apps.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=&NOTICE_ID=311922&CORRECTION_FLG=N&HC_FLAG1=checked",
     "title": "TSXV bulletin: PP-B (Financings that are not done thru an Exchange Offering Prospectus)",
     "type": "exchange_bulletin"
    }
   ],
   "latest_filing_date": "2026-08-31",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/NRC",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "TSXV"
   },
   "isin": {
    "read_by": "Tavily search + regex extraction from page text",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://ceo.ca/NRC",
    "state": "sourced",
    "value": "CA63861X1033"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) · adjudicated by Claude",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/894500ERIN5ZMHK77V07",
    "state": "filled",
    "value": "British Columbia"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/894500ERIN5ZMHK77V07",
    "state": "filled",
    "value": "894500ERIN5ZMHK77V07"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "Nations Royalty Corp."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Mining"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*",
    "state": "sourced",
    "value": "NRC"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:2c3655707a085dec98b2a64c6b46d2be5ab76316db07863c02097744a76e46d1",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSXV/NRC",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:2c3655707a085dec98b2a64c6b46d2be5ab76316db07863c02097744a76e46d1",
 "path": "/ca/TSXV/NRC",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Nations Royalty Corp. is listed on the TSXV under the ticker NRC. Its ISIN is CA63861X1033 and its LEI is 894500ERIN5ZMHK77V07. The security type is Corporate, the segment is not on the record, the sector is Mining, and the jurisdiction is British Columbia. The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 9 filings in the twelve months to 2026-11-06, on 9 filing days. The filings are 7 newswire releases, 1 financial statement and 1 exchange bulletin. The median gap between filing days is 17.5 days. The latest filing is a newswire release dated 2026-08-31, which is 67 days before the record date. On the TSXV the median cadence gap is 19 days, the median filing count is 9 and the median latency is 17.0 days. In the Mining sector the median cadence gap is 17.0 days, the median filing count is 10.0 and the median latency is 15.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Ernst & Young LLP. The auditor's location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move events. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under paragraph (o) of the definition the signal is ACM-200 and the outcome is determinable. Under paragraph (q) of the definition the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were named on the issuer's investor-relations page, and none was found on the pages read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found. The count is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsxv/^*"
  },
  {
   "for": "identity.isin",
   "source": "https://ceo.ca/NRC"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/894500ERIN5ZMHK77V07"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSXV/NRC"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1711570/000149315221009471/ex99-50.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSXV/NRC"
  }
 ],
 "title": "Nations Royalty Corp. (NRC) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}