Metalla Royalty & Streaming has acquired Nova Royalty in a strategic merger aimed at enhancing the combined portfolio's value in the precious and strategic metals market, supported by a C$15M investment from Beedie Capital.
Information on the Target
Metalla Royalty & Streaming and Nova Royalty have successfully merged, with Metalla acquiring Nova as part of this strategic consolidation. This merger positions the combined entity to enhance its offerings in precious and strategic metal investments and creates a more diversified portfolio of royalties and streaming assets.
Metalla Royalty & Streaming focuses on providing investors with leveraged exposure to precious and strategic metals through a robust portfolio of royalties and streams. The company's overarching aim is to enhance shareholder value by accumulating a diversified array of assets that yield attractive returns, supported by a solid foundation of cash-generating assets and a knowledgeable team.
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Industry Overview in Canada
The mining industry in Canada remains a significant contributor to the national economy, supporting thousands of jobs and providing a critical source of revenue. Canada is known for its rich natural resources, with minerals s
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Metalla Royalty & Streaming
invested in
Nova Royalty
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $11M