On September 8, 2023, Metalla Royalty & Streaming Ltd. announced its proposed acquisition of Nova Royalty in a transaction valued at $190 million. This business combination will create a new intermediate Canadian mineral royal company.
Metalla Royalty & Streaming Ltd. operates as a royalty and streaming company that provides investors with opportunities to acquire royalties and streams.
Nova Royalty operates as a copper-based royalty company.
Osler, Hoskin & Harcourt LLP advised the special committee of Metalla Royalty & Streaming Ltd with a team consisting of Alan Hutchison, Patrick Sullivan, Joey Levesque (Corporate) and Kim Maguire (Tax).