Nolan Watson (born August 1, 1979) is a Canadian businessman, humanitarian, investor, and philanthropist. He is known for his contribution to finance innovation in the
mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic ...
industry. Watson began working in mine finance with Silver Wheaton Corp., where he was named the
chief financial officer in 2006
and was the youngest
CFO
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financi ...
(age 26) of a
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
listed company. Watson helped develop the silver streaming business model and raise over $1 billion in debt and equity to fund Silver Wheaton's growth into the largest streaming company in the world.
In 2008, Watson co-founded
Sandstorm Resources Ltd. (now
Sandstorm Gold Ltd.)
and has sat as a member of the board of directors of Gold Wheaton Corp., Bear Creek Mining Corp. and True Gold Mining Inc.
In addition to his work in the mining sector, Watson founded a Canadian Charitable organization called Nations Cry, providing education to children in Sierra Leone, Africa.
Early years
Nolan Watson was born in
Surrey,
British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost Provinces and territories of Canada, province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include ...
, Canada, where he grew up with his brother Andrew and his parents, Stuart and Linda. He attended Crescent Park Elementary School, later moving on to
White Rock Christian Academy for secondary school, where he was the valedictorian of his graduating class.
Career
Upon graduating with a
Bachelor of Commerce
A Bachelor of Commerce (abbreviated BComm or BCom; also, ''baccalaureates commercii'') is an undergraduate degree in business, usually awarded in Canada, Australia, India, Sri Lanka, Pakistan, Ireland, New Zealand, Ghana, South Africa, M ...
degree (with honors) from the
University of British Columbia
The University of British Columbia (UBC) is a public university, public research university with campuses near Vancouver and in Kelowna, British Columbia. Established in 1908, it is British Columbia's oldest university. The university ranks a ...
in 2001, Watson enrolled in the
Institute of Chartered Accountants and began articling with the professional services firm
Deloitte and Touche
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
. Watson was awarded the "BC Gold Medal" on the final CA examination, scoring the highest mark in Western Canada and becoming the Valedictorian of in the Institute of Chartered Accountants of British Columbia.
He went on to complete the
Chartered Financial Analyst
The Chartered Financial Analyst (CFA) program is a postgraduate professional certification offered internationally by the American-based CFA Institute (formerly the Association for Investment Management and Research, or AIMR) to investment and fi ...
designation through the
CFA Institute
The CFA Institute is a global, not-for-profit professional organization that provides investment professionals with finance education. The institute aims to promote standards in ethics, education, and professional excellence in the global investme ...
, and was later recognized as one of the "Most Motivated" CFA charterholders by CFA magazine.
Although Watson's area of focus during his time at Deloitte was mining and metals, he had not considered a career in the industry until he was given the opportunity to join Silver Wheaton alongside Ian Telfer, the highly regarded mining entrepreneur. Telfer's new venture aimed to create the first ever ‘metal streaming company' by completing
Volumetric Production Payment transactions. At 25 years of age, Watson became the Controller of Silver Wheaton and a short time later by the age of 26, was named Chief Financial Officer making him the youngest CFO of a multi-billion dollar market capitalization company listed on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
. In his four-year tenure with Silver Wheaton, Watson helped raise over US$1 billion in debt and equity to fund the organization’s growth to a multi-billion market capitalization.
With his experience at Silver Wheaton behind him, Watson decided to embark on a new venture with business partner David Awram, and created
Sandstorm Resources, (now
Sandstorm Gold
Sandstorm Gold Ltd. (formerly Sandstorm Resources) is a Canadian company that provides funding to mining companies in exchange for royalties, principally in the form of net smelter returns and streams. The company focuses on precious metals but ...
),
a metal streaming company focused on gold purchase agreements.
In 2022, Nolan co-founded and became chairman o
Blue Dot Carbon Corp a carbon credit streaming company that provides financing to project developers of carbon reduction projects.
Nolan is a board member of the
World Gold Council
The World Gold Council is the market development organisation for the gold industry. It works across all parts of the industry, from gold mining to investment, with the aim of stimulating and sustaining demand for gold.
They frequently publis ...
.
Awards and recognition
Watson was recognized as one of Canada's Top 40 Under 40 presented by Caldwell in 2010. The following year, in 2011, Nolan was recognized as one of the Top 40 Under 40 by the
Globe and Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it f ...
.
In June 2012, Nolan received a
Queen Elizabeth Diamond Jubilee medal
The Queen Elizabeth II Diamond Jubilee Medal (french: Médaille du jubilé de diamant de la reine Elizabeth II) or The Queen's Diamond Jubilee Medal was a commemorative medal created in 2012 to mark the 60th anniversary of Queen Elizabeth II's ...
as well as the recipient of the CEO of the Year Award by
Business in Vancouver
''Business in Vancouver'' (''BIV'') is a weekly business news journal co-founded in 1989 by Peter Ladner in Vancouver, British Columbia, Canada. Published on Tuesdays it receives about 62,000 readers per week.
Its operations include the biv.com ...
.
In 2014, Nolan was one of seven Canadians admitted to the
Young Global Leader
Forum of Young Global Leaders, or Young Global Leaders (YGL), was created by Klaus Schwab, founder of the World Economic Forum. The YGL, a non-profit organization managed from Geneva, Switzerland, is under the supervision of the Swiss government ...
program by the
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
.
In 2017, Watson was the recipient of the
Ernst & Young
Ernst & Young Global Limited, trade name EY, is a multinational corporation, multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Delo ...
Entrepreneur of the Year Award for the Investing category.
Philanthropy
In 2005 he founded Nations Cry, a Canadian charitable organization providing education to underprivileged children in Africa.
Nations Cry is a volunteer based organization with a financial structure such that 100% of all donations go directly to the end cause. Watson’s vision has led Nations Cry to
Sierra Leone
Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...
, a country that was marred by more than a decade of civil war ending in 2001. Nations Cry has completed two school building projects in Sierra Leone.
In February 2012, Watson gave a presentation at TEDxVancouver entitled, “Compassion Kills” arguing that more charities should focus on long-term sustainable solutions rather than meeting immediate needs.
Notes
{{DEFAULTSORT:Watson, Nolan
1979 births
Businesspeople from British Columbia
Canadian accountants
Canadian chairpersons of corporations
Canadian chief executives
Canadian corporate directors
Canadian financiers
Canadian mining businesspeople
Canadian nonprofit executives
Canadian philanthropists
CFA charterholders
Chief financial officers
Deloitte people
Living people
People from Surrey, British Columbia
UBC Sauder School of Business alumni