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METALLA AND NOVA COMBINE TO BUILD THE NEXT INTERMEDIATE ROYALTY COMPANY
METALLA AND NOVA COMBINE TO BUILD THE NEXT INTERMEDIATE ROYALTY COMPANY Canada NewsWire...
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"\n \n \n \n METALLA AND NOVA COMBINE TO BUILD THE NEXT INTERMEDIATE ROYALTY COMPANY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Metalla and Beedie Capital Announce Strategic Partnership with\n \n C$65 Million\n \n Committed\n \n \n \n \n TSXV:\n \n MTA\n \n \n NYSE AMERICAN:\n \n MTA\n \n \n \n \n \n TSXV:\n \n \n \n NOVR\n \n \n \n \n OTCQB:\n \n \n \n NOVRF\n \n \n \n \n \n (\n \n \n All dollar amounts are in thousands of\n \n \n \n United States\n \n \n \n dollars unless otherwise\n \n \n indicated, except for per ounce, and per share amounts)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Sept. 8, 2023\n \n \n /CNW/ -\n \n Metalla Royalty & Streaming Ltd.\n \n (\"\n \n Metalla\n \n \") (TSXV: MTA) (NYSE American: MTA) and\n \n Nova Royalty Corp.\n \n (TSXV: NOVR) (OTCQB: NOVRF) (\"\n \n Nova\n \n \") are pleased to announce that they have entered into an arrangement agreement dated\n \n September 7, 2023\n \n (the \"\n \n Arrangement Agreement\n \n \") whereby Metalla will acquire all of the issued and outstanding common shares of Nova pursuant to a plan of arrangement (the \"\n \n Transaction\n \n \"), positioning the combined company as a leading emerging intermediate royalty company.\n \n \n \n \n COMBINATION HIGHLIGHTS AND STRATEGIC RATIONALE\n \n \n \n \n The Transaction combines complementary portfolios resulting in:\n \n \n \n \n \n Enhanced Scale and Superior Growth\n \n \n – Combined company is expected to have industry-leading growth through a combined portfolio of 105 high-quality royalties and streams with upwards of two decades of sustainable growth being advanced by top tier operators in the mining sector, including First Quantum Minerals, Newmont, Hudbay Minerals, Agnico Eagle, Barrick, BHP, Glencore, Lundin Mining, Teck Resources, IAMGOLD, Equinox Gold, and others;\n \n \n \n \n Strategic Positioning and Improved Capital Markets Profile\n \n \n – Strategically positions the comb...