Nova Royalty Corp NOVRF

Primary Symbol: V.NOVR

Metals & Mining Industrial Metals & Minerals

Nova Royalty Corp. is a royalty and streaming company. The Company is focused on acquiring copper and nickel Net Smelter Return Royalties (NSRs), Gross Value Return Royalties, Net Proceeds Royalties (NPRs), Net Profit Interests, Gross Proceeds Royalties, Gross Overriding Return Royalties, and non-operating interests in mining projects that provide the right to the holder of a percentage of the gross revenue from metals produced from the project or a percentage of the gross revenue from metals produced from the project after deducting specified costs. Its principal royalty assets acquired consist of Taca Taca, NuevaUnion, Copper World Complex, Josemaria, West Wall, Dumont, Vizcachitas, Dumont, Twin Metals and others. Taca Taca is a porphyry copper-gold-molybdenum project located in northwestern Argentina in the Puna (Altiplano) region of Salta Province. Aranzazu is a copper-gold-silver deposit located within the Municipality of Concepcion del Oro in the State of Zacatecas, Mexico.

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Nova Royalty Corp

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Post by Betteryear2on Sep 08, 2023 8:03pm

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METALLA AND NOVA COMBINE

(All dollar amounts are in thousands of United States dollars unless otherwise indicated, except for per ounce, and per share amounts)

VANCOUVER, BC, Sept. 8, 2023 /CNW/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) and Nova Royalty Corp. (TSXV: NOVR) (OTCQB: NOVRF) ("Nova") are pleased to announce that they have entered into an arrangement agreement dated September 7, 2023 (the "Arrangement Agreement") whereby Metalla will acquire all of the issued and outstanding common shares of Nova pursuant to a plan of arrangement (the "Transaction"), positioning the combined company as a leading emerging intermediate royalty company.

METALLA AND NOVA COMBINE TO BUILD THE NEXT INTERMEDIATE ROYALTY COMPANY (newswire.ca)