Lil Wayne announced a collaboration with Chance The Rapper via a live stream from a studio session.

“Right now I’m working on a future song for my homeboy Chance The Rapper,” Lil Wayne says in the video, which was captured by HotNewHipHop. “Shoutout Chance The Rapper.”

The two artists worked together when Chance The Rapper appeared on “You Song,” a track from Lil Wayne’s Dedication 5.

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The New Orleans rapper is also working on Collegrove, a collaborative mixtape with 2 Chainz.

Chance The Rapper was recently featured on Kanye West’s The Life of Pablo and reportedly has a third mixtape in the works. He released a collaborative tape with Lil B called Free Based Freestyles in August.

Watch the video of Lil Wayne announcing a collaboration with Chance the Rapper below:

For additional Lil Wayne coverage, watch the following DX Daily: