TSXV: MTA
OTCQX: MTAFF
Frankfurt: X9CP
VANCOUVER, Dec. 20, 2018 /CNW/ - Metalla Royalty &
Streaming Ltd. ("Metalla" or the "Company")
(TSXV:MTA) (OTCQX:MTAFF) (FRANKFURT:X9CP) is pleased to announce
that, further to its news release dated December 11, 2018, it has completed its
acquisition of the 1.5% net smelter return royalty on the Cap-Oeste
Sur East ("COSE") property located in the province of
Santa Cruz, Argentina from Patagonia Gold S.A. (the
"Seller"). The Royalty was acquired pursuant to a royalty
purchase agreement dated December 7,
2018 (the "Agreement") under which a wholly-owned
Argentinian subsidiary of Metalla ("Metalla Argentina") and
the Seller have entered into an assignment and assumption agreement
for the purpose of transferring the Royalty from the Seller to
Metalla Argentina.
The Agreement also includes a right of first refusal in favour
of Metalla to acquire a future net smelter returns royalty that may
be granted by, or received by, the Seller (or an affiliate) on its
Cap-Oeste mine.
ABOUT METALLA
Metalla was created for the purpose of providing shareholders
with leveraged precious metal exposure by acquiring royalties and
streams. Our goal is to increase share value by accumulating a
diversified portfolio of royalties and streams with attractive
returns. Our 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 our website at
www.metallaroyalty.com
ON BEHALF OF METALLA ROYALTY & STREAMING LTD.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the Exchange) accept
responsibility for the adequacy or accuracy of this
release.
SOURCE Metalla Royalty and Streaming Ltd.
