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NOVA ANNOUNCES RECEIPT OF FINAL ORDER FOR ARRANGEMENT WITH METALLA

Newswire.ca - Wed Nov 29, 2023

TSXV: NOVR
OTCQB: NOVRF

VANCOUVER, BC, Nov. 29, 2023 /CNW/ - Nova Royalty Corp. ("Nova" or the "Company") (TSXV: NOVR) (OTCQB: NOVRF) is pleased to announce that the Supreme Court of British Columbia (the "Court") has granted the final order (the "Final Order") in connection with the previously announced statutory plan of arrangement under section 288 of the Business Corporations Act (British Columbia) (the "Arrangement") , pursuant to which, among other things, Metalla Royalty & Streaming Ltd. ("Metalla") (NYSE American: MTA) (TSXV: MTA) will acquire all of the issued and outstanding common shares (the "Common Shares") of the Company for consideration consisting of 0.36 of a common share of Metalla (each, a "Metalla Share") in exchange for each whole Common Share held. As previously announced, the Arrangement was approved by the Company's shareholders at a special meeting held on November 27, 2023.

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