VANCOUVER, July 24, 2018 /CNW/ - Metalla Royalty
& Streaming Ltd. (the "Company" or "Metalla") (TSXV:MTA)
(OTCQX:MTAFF) (Frankfurt:X9CP) is pleased to announce that
shareholders of ValGold Resources Ltd. ("ValGold") voted
today at the annual and special meeting of shareholders of ValGold
("ValGold Shareholders") to approve the plan of arrangement
(the "Arrangement") between the Company and ValGold as
previously announced on May 9, 2018.
The Arrangement was approved by 99.99% of the votes cast by ValGold
Shareholders voting together as a single class.
ValGold's application to the Supreme Court of British Columbia (the "Court") to
obtain the final order approving the Arrangement is scheduled for
July 26, 2018. Assuming Court
approval is obtained, and the other conditions of the Arrangement
are satisfied or waived, the Arrangement is expected to become
effective on or about July 31,
2018.
ABOUT METALLA
Metalla is a precious metals royalty and streaming company.
Metalla provides shareholders with leveraged precious metal
exposure through a diversified and growing portfolio of royalties
and streams. Metalla's strong foundation of current and future
cash-generating asset base, combined with an experienced team gives
Metalla a path to become one of the leading gold and silver
companies for the next commodities cycle.
For further information, please visit Metalla's website at
www.metallaroyalty.com.
ON BEHALF OF THE BOARD OF
METALLA ROYALTY AND
STREAMING
LTD.
Brett Heath, President and
CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accept responsibility for the adequacy or accuracy of this
release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking information" and
"forward-looking statements" within the meaning of applicable
Canadian and U.S. securities legislation. The forward-looking
statements herein are made as of the date of this press release
only, and the Company does not assume any obligation to update or
revise them to reflect new information, estimates or opinions,
future events or results or otherwise, except as required by
applicable law.
Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "expects", "is
expected", "scheduled", "estimates", "projects", "intends", "aims",
"anticipates" or "believes" or variations (including negative
variations) of such words and phrases or may be identified by
statements to the effect that certain actions "may", "could",
"should", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking information in this press release
includes, but is not limited to the timing and receipt of required
Court approval and closing of the Arrangement.
These statements reflect Metalla's current views with respect to
future events and are necessarily based upon a number of other
assumptions and estimates that, while considered reasonable by
Metalla, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies.
Many factors, both known and unknown, could cause actual results,
performance or achievements to be materially different from the
results, performance or achievements that are or may be expressed
or implied by such forward‐looking statements or forward-looking
information and Metalla has made assumptions and estimates based on
or related to many of these factors. Such factors include, without
limitation: satisfaction or waiver of all remaining conditions to
closing of the Arrangement including, without limitation, receipt
of all necessary Court and TSX Venture Exchange approvals or
consents and lack of material changes with respect to Metalla and
ValGold and their respective businesses, all as more particularly
set forth in the Arrangement Agreement. Readers are cautioned
against attributing undue certainty to forward‐looking statements
or forward-looking information. Although Metalla has attempted to
identify important factors that could cause actual results to
differ materially, there may be other factors that cause results
not to be anticipated, estimated or intended. Metalla does not
intend and does not assume any obligation, to update these
forward‐looking statements or forward-looking information to
reflect changes in assumptions or changes in circumstances or any
other events affecting such statements or information, other than
as required by applicable law.
SOURCE Metalla Royalty and Streaming Ltd.
