TSXV: MTA
NYSE AMERICAN: MTA
VANCOUVER, BC, Oct. 27, 2020
/CNW/ - Metalla Royalty & Streaming Ltd. ("Metalla"
or the "Company") (TSXV: MTA) (NYSE American: MTA) is
pleased to announce that it has appointed Saurabh Handa, CPA, CA as Chief Financial
Officer effective as of November 1,
2020.
Mr. Handa will be replacing Bill
Tsang who has served as Metalla's Chief Financial Officer
since May 2017. Mr. Tsang has been
instrumental to the Company's success and growth in the royalty and
streaming business. The Board of Directors wishes to sincerely
thank Mr. Tsang for his devoted efforts in stewarding the financial
reporting of Metalla.
"We are privileged to have Mr. Handa join the Metalla team. Mr.
Handa possesses a strong accounting background and diverse senior
level experience as a mining professional. He will be an invaluable
addition to Metalla's team and positions the Company to continue to
scale its business of acquiring accretive royalty and streaming
assets" commented Brett Heath,
President and Chief Executive Officer of Metalla."
ADDITION OF SAURABH HANDA AS CHIEF FINANCIAL OFFICER
Mr. Handa has over 15 years of progressive senior level
experience as a mining professional with experience in various
areas including finance, mergers and acquisitions, taxation
planning, treasury management, risk management, regulatory
compliance, and multi-jurisdictional public company reporting.
Recently, he has provided consulting services to various mining
companies through his own company, Handa Financial Consulting Inc.
Previously, he held the positions of Chief Financial Officer of
Titan Mining Corp., Vice President, Finance of Imperial Metals
Corp., Chief Financial Officer of Meryllion Resources Corp., Chief
Financial Officer of Yellowhead Mining Inc. and Controller for
SouthGobi Resources Ltd. Mr. Handa currently serves as a
Director and Chair of the Audit Committee for K92 Mining Inc. Mr.
Handa is a Chartered Professional Accountant and graduated with
Honours from the University of British
Columbia with a diploma in Accounting. Prior to joining the
accounting profession, Mr. Handa obtained a Bachelor of Science
degree in Genetics from the University of
British Columbia and a diploma in Computer Systems from the
British Columbia Institute of Technology.
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.
Website: www.metallaroyalty.com
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.
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 statements
in this press release include, but are not limited to, the success
of Metalla in scaling its business through the future acquisition
of accretive royalty and streaming assets, Mr. Handa's future
contributions to the Company, and the potential for Metalla
to become one of the leading precious metal royalty and streaming
companies. 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 are beyond the
ability of Metalla to control or predict and 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 statements,
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; regulatory
requirements; and other risks and uncertainties disclosed under the
heading "Risk Factors" in the Company's most recent annual
information form, annual report on Form 40-F and other documents
filed with or submitted to the Canadian securities regulatory
authorities on the SEDAR website at www.sedar.com and the U.S.
Securities and Exchange Commission on the EDGAR website at
www.sec.gov.
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.
SOURCE Metalla Royalty and Streaming Ltd.
