Nova Royalty Corp.
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- Nova Royalty Corp. Nova Royalty Corp. (TSXV:NOVR; OTCQB:NOVRF), a royalty company focused on acquiring net smelter return royalties (NSRs), gross value return royalties, net proceeds royalties, net profit interests and non-operating interests in copper and nickel mining projects, holds a diversified portfolio of royalties on production, development and exploration-stage assets; principal holdings include royalties on the Josemaria copper-gold project in Argentina operated by Lundin Mining Corporation Lundin Mining Corporation, the Copper World complex and Rosemont project in Arizona owned by Hudbay Minerals Inc. Hudbay Minerals Inc., the producing Aranzazu copper-gold-silver mine in Mexico operated by Aura Minerals Inc. Aura Minerals Inc., the Taca Taca copper-gold-molybdenum project in Argentina, the NuevaUnion copper-gold project in Chile, the West Wall nickel-copper-PGE project in Canada, the Dumont nickel project in Quebec, the Vizcachitas copper project in Chile and the Twin Metals copper-nickel-PGE project in Minnesota, USA, among others operated by strategic partners such as First Quantum Minerals Ltd. First Quantum Minerals Ltd., Teck Resources Limited Teck Resources Limited, Newmont Corporation Newmont Corporation, Antofagasta plc Antofagasta plc and Rio Tinto plc Rio Tinto plc. The company targets investors seeking exposure to copper and nickel, key metals for the global energy transition, with operations spanning tier-one mining jurisdictions including Canada, the United States, Chile, Argentina, Mexico and Australia. Incorporated in 2018 and headquartered at 501-543 Granville Street, Vancouver, British Columbia, Canada, Nova Royalty maintains a lean structure with minimal operating costs as a pure-play royalty holder. In a major strategic development, Nova Royalty completed its acquisition by Metalla Royalty & Streaming Ltd. Metalla Royalty & Streaming Ltd. on December 1, 2023, via a court-approved plan of arrangement under which Metalla acquired all issued and outstanding Nova shares for 0.36 Metalla shares per Nova share, valuing Nova at approximately C$190 million on a fully-diluted basis and positioning the combined entity as an emerging intermediate royalty company with enhanced scale, diversified precious and base metals exposure, immediate cash flow from producing assets like Aranzazu and improved liquidity through Metalla's NYSE American listing; the transaction included a C$15 million equity investment and expanded convertible loan facility from strategic partner Beedie Capital, providing approximately $35 million in liquidity for future growth, while Nova shares were delisted from the TSX Venture Exchange shortly thereafter.
METALLA AND NOVA ANNOUNCE COMPLETION OF ARRANGEMENT
Metalla Royalty to acquire Nova Royalty in all-stock deal
METALLA AND NOVA COMBINE TO BUILD THE NEXT INTERMEDIATE ROYALTY COMPANY
Nova to acquire royalty on Newmont's Saddle North copper-gold-silver deposit in B.C.
Nova Royalty Corp (NOVRF) Q4 2022 Earnings Call Transcript
Nova Royalty Corp (NOVRF) Q3 2022 Earnings Call Transcript
Nova Royalty Corp's (NOVRF) CEO Alex Tsukernik on Q2 2022 Results - Earnings Call Transcript
Nova Royalty reports financial results for its second quarter ended June 30, 2022, showing revenue increase
Nova Royalty names Guy Elliott as independent director and chair of audit committee
Nova Royalty posts royalty revenue of C$673,519 in first quarter of 2022
Nova Royalty set to acquire portion of existing royalty on Lundin Mining's Josemaria copper-gold-silver project in Argentina
Nova Royalty reports FY2021 revenue of C$703,000 after busy year of cash-flowing royalty acquisitions
Nova Royalty completes acquisition of royalty on two copper assets in the US
Nova Royalty says Greg DiTomaso has agreed to join the company as its vice president, Investor Relations
Nova Royalty bolsters portfolio with US$5.5M royalty deal on Hudbay Minerals' Copper World and Rosemont projects
Nova Royalty harnessing the green energy revolution to build a leading royalty company
Nova Royalty posts revenue of C$181,900 in third quarter; updates on asset portfolio
Nova Royalty appoints lawyer Johanna Fipke as an independent director
Nova Royalty closes acquisition of Aranzazu mine royalty for US$9M
Nova Royalty closes previously announced 'best efforts' public offering of common shares for aggregate gross proceeds of $13,660,680