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Mining

Nova Royalty names Guy Elliott as independent director and chair of audit committee

"We believe that Mr Elliott's valuable skillset and expertise will be a positive contribution to Nova as we continue our evolution into a premier copper royalty company," said Alex Tsukernik, the CEO of Nova

Nova Royalty Corp. (TSX-V:NOVR), the clean energy-focused royalty group, said it has added Guy Elliott as an independent director and chair of the audit committee, effective immediately.

"On behalf of the board of directors and management, I would like to welcome Guy to the Nova Royalty board," said Alex Tsukernik, the CEO of Nova, in a statement.

"The board looks forward to working with Mr Elliott, who brings a wealth of mining sector experience in financial reporting, controls, filing, and compliance, all of which serves to strengthen our audit function.

"We believe that Mr Elliott's valuable skillset and expertise will be a positive contribution to Nova as we continue our evolution into a premier copper royalty company," Tsukernik added.

READ: Nova Royalty posts royalty revenue of C$673,519 in first quarter of 2022

Elliott was an audit partner in the Energy and Natural Resources (ENR) group at KPMG's Vancouver office for over 25 years until his retirement in June, 2022.

He was responsible for financial statement and internal control audits for numerous companies in the mining industry, including companies listed in Canada, the United States and internationally, said Nova.

Nova is a royalty company focused on providing investors with exposure to copper and nickel, which it considers the "key building blocks" of clean energy.

Contact the writer at giles@proactiveinvestors.com

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