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New Deal


Announced

Completed

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

Financials

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Transaction Value£38m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

mining royalty company

Majority

Acquisition

Domestic

Copper

copper mining

Public

Friendly

Single Bidder

Completed

Synopsis

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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.

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