Nova Royalty
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Nova Royalty Corp. was a Vancouver-based royalty company giving investors exposure to copper and nickel — the key building blocks of clean energy. Co-founded by Alex Tsukernik in 2018 and listed on the TSX Venture Exchange (NOVR) and the US OTCQB (NOVRF), it built a portfolio of net smelter return royalties on tier-one assets in the Americas, including the producing Aranzazu mine in Mexico and development projects in Argentina, Canada, Chile, and the United States. On December 1, 2023, it was acquired by Metalla Royalty & Streaming Ltd. for 0.36 of a Metalla share per Nova share, and its shares were delisted.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Nova Royalty was co-founded by Alex Tsukernik in Vancouver as a copper and nickel royalty company focused on clean-energy metals.
- Acquired by Metalla
In September 2023 Metalla agreed to acquire Nova; shareholders approved the arrangement in November and the deal closed on December 1, 2023, with Nova shareholders receiving 0.36 of a Metalla share per Nova share. Nova was delisted from the TSXV and OTCQB.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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