Vancouver-based royalty companies Nova Royalty Corp. and Metalla Royalty & Streaming Ltd. entered into an agreement in which Metalla will acquire Nova for $190 million total equity value. DLA Piper (Canada) LLP and DLA Piper LLP (US) are serving as legal counsel to Nova. Blake, Cassels & Graydon LLP is serving as legal counsel and PI Financial as financial advisor to the Nova Special Committee. Osler, Hoskin & Harcourt LLP and Dorsey & Whitney LLP are serving as Canadian and U.S. legal counsel, respectively, to the Metalla Special Committee. Trinity Advisors is acting as financial advisor to the Metalla Board and the Special Committee, and BMO Capital Markets is acting as capital markets advisor to Metalla. Upon deal completion, existing Metalla and Nova shareholders will own approximately 60 percent and 40 percent, respectively, of the combined company. The deal is expected to be completed by the end of year 2023.