Mergers and Acquisitions

Metalla Royalty & Streaming Ltd. in its proposed acquisition of Nova Royalty for $190 million

Metalla Royalty & Streaming Ltd.
Key Contact
Alan Hutchison

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver

Joey Levesque

Associate, Corporate, Vancouver

Kim Maguire

Partner, Tax, Vancouver

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).

Value
$190 million
Date Closed
December 1, 2023
Lead Office
Vancouver
Key Contact
Alan Hutchison

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver

Joey Levesque

Associate, Corporate, Vancouver

Kim Maguire

Partner, Tax, Vancouver