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METALLA AND NOVA ANNOUNCE COMPLETION OF ARRANGEMENT

Newswire.ca - Fri Dec 1, 2023

(All dollar amounts are in thousands of United States dollars unless otherwise indicated, except for per share amounts)

VANCOUVER, BC, Dec. 1, 2023 /CNW/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) and Nova Royalty Corp. (TSXV: NOVR) (OTCQB: NOVRF) ("Nova") are pleased to announce that they have completed the arrangement (the "Arrangement"), initially announced on September 8, 2023, pursuant to which Metalla acquired all of the issued and outstanding common shares of Nova (the "Nova Shares") by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia), positioning the combined company as a leading emerging intermediate royalty company.

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