Metalla Royalty & Streaming completed the acquisition of Nova Royalty for $47m.

Metalla Royalty & Streaming, a royalty and streaming company, completed the acquisition of Nova Royalty, a copper-focused royalty company, for $47m. "We are very excited about the combination of these businesses. This merger represents a transformative moment for both companies and will lay a clear, low-risk path to becoming an intermediate royalty company. Together, we expect that our peer-leading, high-quality growth, underpinned by some of the best-in-class operators in the mining sector, will deliver superior long-term value for our shareholders," Brett Heath, Metalla President and CEO.