TSXV: MTA
OTCQB: MTAFF
VANCOUVER, Aug. 27, 2019 /CNW/ - Metalla Royalty &
Streaming Ltd. ("Metalla" or the "Company")
(TSXV: MTA) (OTCQB: MTAFF) is pleased to announce that its board of
directors has approved and declared a monthly cash dividend payment
of CAD $0.001 per share for
September, October and November on its common shares (subject to
any applicable tax withholding obligations).
The table below sets out the monthly record and payment dates
for shareholders of record.
DIVIDEND
SCHEDULE
|
|
|
|
|
|
Record
Date
|
Payment
Date
|
Payment Amount
($CAD)
|
September
|
September 3,
2019
|
September 16,
2019
|
$0.001
|
October
|
October 1,
2019
|
October 15,
2019
|
$0.001
|
November
|
November 1,
2019
|
November 15,
2019
|
$0.001
|
All dividends in the above table are 'Eligible Dividends'
pursuant to the Income Tax Act of Canada.
In the first half of the calendar year 2020, assuming compliance
with all applicable securities laws, the Company hopes to offer a
Dividend Reinvestment Plan ("DRIP") once it reaches certain
requirements to provide the DRIP to all of its shareholders
efficiently.
ABOUT METALLA
Metalla is a precious metals royalty and streaming company.
Metalla provides shareholders with precious metal exposure through
a diversified portfolio of royalties and streams. 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 precious metal royalty and streaming companies
for the next commodities cycle.
For further information, please visit our website at
www.metallaroyalty.com
NEITHER THE TSX VENTURE EXCHANGE ("TSX-V") NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-V) ACCEPTS 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", "budgets", "scheduled", "estimates", "forecasts",
"predicts", "projects", "intends", "targets", "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, statements
with respect to future events or future performance of Metalla,
future payments or increase of dividends, the adoption of the DRIP,
the performance of the Metalla's royalties and streams disclosure
regarding the precious metal purchase agreements and royalty
payments to be paid to Metalla by property owners or operators of
mining projects pursuant to net smelter returns and other royalty
agreements of Metalla, continued ramp-up at the Endeavor Mine,
management's expectations regarding Metalla's growth, results of
operations, estimated future revenues, carrying value of assets,
future dividends, and requirements for additional capital,
production estimates, production costs and revenue, future demand
for and prices of commodities, expected mining sequences, business
prospects, and opportunities. Such forward-looking statements
reflect management's current beliefs and are based on information
currently available to management.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance, or
achievements expressed or implied by the forward-looking
statements. The forward-looking statements contained in this press
release are based on reasonable assumptions that have been made by
management as at the date of such information and is subject to
unknown risks, uncertainties and other factors that may cause the
actual actions, events or results to be materially different from
those expressed or implied by such forward-looking information,
including, without limitation: the impact of general business and
economic conditions; the ongoing operation of the properties in
which the Company holds a royalty, stream, or other
production-based interest by the owners or operators of such
properties in a manner consistent with past practice; absence of
control over mining operations; the accuracy of public statements
and disclosures made by the owners or operators of such underlying
properties; no material adverse change in the market price of the
commodities that underlie the asset portfolio; and other risks and
uncertainties disclosed under the heading "Risk Factors" in the
Management's Discussion and Analysis of the Company dated
September 28, 2017 filed with the
Canadian securities regulatory authorities on the SEDAR website at
www.sedar.com.
Although Metalla has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those contained in forward-looking information,
there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Investors are cautioned that
forward-looking statements are not guarantees of future
performance. The Company cannot assure investors that actual
results will be consistent with these forward-looking statements.
Accordingly, investors should not place undue reliance on
forward-looking statements or information.
Readers are cautioned that forward-looking statements are not
guarantees of future performance. All of the forward-looking
statements made in this press release are qualified by these
cautionary statements.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities
Act") or any state securities laws and may not be offered or
sold within the United States or
to U.S. Persons (as such term is defined in Regulation S under the
U.S. Securities Act) unless registered under the U.S. Securities
Act and applicable state securities laws or an exemption from such
registration is available.
SOURCE Metalla Royalty and Streaming Ltd.