TSXV: MTA OTCQB: MTAFF All amounts expressed in Canadian Dollars unless otherwise noted Metalla Royalty & Streaming Ltd. is pleased to announce that the Company has entered into a purchase and sale agreement to acquire a 3.0% NSR royalty on St Barbara Ltd. Fifteen Mile Stream project for $2 million from a third party . The purchase price will be satisfied by an upfront payment of $0.5 million in cash, with an additional [...]
TSXV: MTA OTCQB: MTAFF Metalla Royalty & Streaming Ltd. is pleased to report an update on its portfolio of royalties and streams. NLGM SILVER STREAM Shanta Gold Limited announced on July 15th, 2019 an updated resource estimate at its New Luika Gold Mine which is expected to extend the mine life. Highlights include: Drilling at Bauhinia Creek Central, conducted in April and May, has converted 126,787 ounces of Inferred [...]
Metalla Royalty & Streaming is pleased to announce that the Company has completed the second closing to acquire 2 additional royalties from Alamos Gold Inc. and its affiliates. The royalties acquired at the Second Closing are in addition to the royalties acquired at the first closing from Alamos on April 17, 2019. The Second Closing includes a development royalty on the El Realito property, which is a satellite deposit [...]
TSXV: MTA OTCQX: MTAFF Metalla Royalty & Streaming Ltd. is pleased to announce that its board of directors has approved and declared a monthly cash dividend payment of CAD $0.001 per share for June, July, and August on its common shares . Brett Heath, Metalla's President & CEO commented, "The adjustment in the dividend is consistent with Metalla's intention to distribute up to half of its operating cash flow to [...]
TSXV: MTA OTCQX: MTAFF Metalla Royalty & Streaming Ltd. is pleased to announce that effective immediately it has appointed James Beeby to the board of directors subject to regulatory approvals. Frank Hanagarne has been appointed as technical advisor to the Company and as part of this transition has resigned from the board of directors. "We are privileged to have Mr. Beeby join the Metalla team" commented Brett Heath [...]
Metalla Royalty & Streaming Ltd. announces its financial results for the third quarter of fiscal 2019. For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the nine months ended February 28, 2019, please see the Company's filings on SEDAR or the Company's website. "In the third quarter Metalla completed an over-subscribed private [...]
Metalla Royalty & Streaming Ltd. is pleased to announce that it has closed its convertible loan facility of C$12.0 million with Beedie Capital to fund acquisitions of new royalties and streams. The Loan will be funded by way of an initial advance of C$7.0 million within 90 days from the Closing, and the remaining C$5.0 million will be available for subsequent advances in minimum tranches of C$1.25 million. The Loan [...]
Metalla Royalty & Streaming Ltd. is pleased to announce that the Company has completed the first closing on its previously announced acquisition of the royalty portfolio from Alamos Gold Inc. and its affiliates in accordance with a purchase and sale agreement between Metalla and Alamos. As consideration for the transaction, Metalla has issued to Alamos 8,219,009 common shares of the Company for fifteen royalties [...]
Metalla Royalty & Streaming Ltd. is pleased to announce that the Company has entered into a purchase and sale agreement to acquire a portfolio of 18 royalties from Alamos Gold Inc. and its affiliates for total consideration of US$8.6 million, payable in common shares of the Company. Certain royalties in the Royalty Portfolio are subject to rights of first refusal, consents, and future options at agreed to prices [...]
Metalla Royalty & Streaming Ltd. is pleased to announce a convertible loan facility of $12.0 million with Beedie Capital to fund acquisitions of new royalties and streams. The Loan will be funded by way of an initial advance of $7.0 million within 90 days from closing, and the remaining $5.0 million will be available for subsequent advances in minimum tranches of $1.25 million. Brett Heath, President, and CEO of Metalla [...]
Metalla Royalty & Streaming Ltd. is pleased to announce that it has closed its previously announced acquisition of a 1.0% net smelter returns royalty on the Fifteen Mile Stream project owned by Atlantic Gold Corp. from a third party. For full detail of the Transaction, please refer to Metalla's news release dated February 4, 2019. The Royalty was acquired pursuant to a royalty purchase agreement dated February 4, 2019 and [...]
Metalla Royalty & Streaming Ltd. is pleased to announce that the Company has entered into a purchase and sale agreement to acquire from a third party a 1.0% NSR royalty on Atlantic Gold Corp.'s Fifteen Mile Stream project for $4,000,000. The purchase price will be satisfied by an upfront payment of $2,200,000 in cash and 2,619,000 common shares of the Company . The Royalty is in connection with two claims formally held by [...]