TSXV: MTA
NYSE AMERICAN: MTA
VANCOUVER, BC, Dec. 21, 2020 /CNW/ - Metalla Royalty
& Streaming Ltd. ("Metalla" or the
"Company") (TSXV: MTA) (NYSE American: MTA) is pleased to
announce that effective at market close on December 18, 2020, the Company was added to the
VanEck Vectors Junior Gold Miners ETF (NYSE: GDXJ)(the
"GDXJ").
"Metalla's inclusion in the GDXJ is a major milestone for the
Company, reflecting successful execution of our growth strategy,"
said Brett Heath, President, and CEO
of Metalla Royalty. "Listing on the NYSE American earlier this
year, coupled with the increased scale of the Company following a
record year of transactions and 18 additional royalties, has
significantly increased the Company's liquidity and market
visibility. The GDXJ brings additional trading flexibility and
exposure to the largest source of capital flows for junior precious
metal equities with US$6.3 billion in
net assets as we move into this next phase of the bull
market."
ETF AND INDEX UPDATE
In addition to its inclusion in the GDXJ, Metalla was also
added to the U.S. Global GO GOLD and
Precious Metal Miners ETF (NYSE Arca: GOAU) and the ETFMG Prime
Junior Silver Miners ETF (NYSE Arca: SILJ). Metalla expects that,
over the following year, additional precious metals related
exchange traded funds, indexes, and mutual funds will begin to add
Metalla which will further increase market visibility and
liquidity.
2020 RECAP
- January 8, 2020 – Metalla begins
trading on the NYSE American stock exchange
- February 18, 2020 – Acquisition
of royalty on Teck Resources (TSX: TECK) / Newmont (NYSE: NEM)
NuevaUnion project
- April 27, 2020 – Acquisition of
Cortez Trend royalties on
Barrick Gold (NYSE: GOLD) / Newmont
Nevada Gold Mines joint venture operation
- May 1, 2020 – Files short form
base shelf prospectus
- June 22, 2020 – Acquisition of
royalty on Coeur Mining's (NYSE: CDE) operating Wharf mine and
secondary offering of common shares of Metalla held by Coeur Mining
for a total gross proceeds of US$20.7
million to Coeur Mining
- July 27, 2020 – Acquisition of
royalty on Kirkland Lake Gold's
(NYSE: KL) Fosterville mine
- July 29, 2020 – Amendment to
convertible debt facility with Beedie Capital to increase the
committed capital into Metalla by C$20
million and convert C$6.0
million of the C$7.0 million
initial advance
- September 16, 2020 – Acquisition
of participation royalty on Karora Resources' (TSX: KRR) operating
Higginsville Gold Operations
- October 22, 2020 – Acquisition of
royalty on Minera Alamos' (TSXV:
MAI) La Fortuna project
- October 27, 2020 – Announces
Sandfire Resources (ASX: SFR) acquired the Endeavor mine where
Metalla holds a 100% silver stream
- November 2, 2020 – Announces
Yamana Gold (NYSE: AUY) acquired the Wasamac and Camflo projects
where Metalla holds royalties
- November 4, 2020 – Acquisition of
strategic portfolio of royalties in Nevada and Utah
- December 18, 2020 – Metalla is
included in the GDXJ
Please refer to the applicable Metalla news release for further
details regarding the events and transactions described above.
ABOUT METALLA
Metalla was created to provide 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 royalty companies for the next
commodities cycle.
For further information, please visit our website at
www.metallaroyalty.com.
ON BEHALF OF METALLA ROYALTY & STREAMING LTD.
(signed) "Brett Heath"
President and CEO
Neither the TSX Venture Exchange nor it's Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
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
and information include, but are not limited to, the Company's
future liquidity and market visibility; the potential for the GDXJ
to add additional trading flexibility and exposure to capital
flows; the next phase of prevailing market forces applicable to
junior precious metal equities; the potential for the Company to be
added to additional precious metals related exchange traded funds,
indexes, and mutual funds; future share, royalty and other
payments; future cash generation and returns; and Metalla having a
path to becoming a leading gold and silver royalty company.
Forward-looking statements and information are based on forecasts
of future results, estimates of amounts not yet determinable and
assumptions that, while believed by management to be reasonable,
are inherently subject to significant business, economic and
competitive uncertainties, and contingencies. Forward-looking
statements and information are subject to various known and unknown
risks and uncertainties, many of which are beyond the ability of
Metalla to control or predict, that may cause Metalla's actual
results, performance or achievements to be materially different
from those expressed or implied thereby, and are developed based on
assumptions about such risks, uncertainties and other factors set
out herein, including but not limited to: risks associated with the
impact of general business and economic conditions; the absence of
control over mining operations from which Metalla will purchase
precious metals or from which it will receive stream or royalty
payments and risks related to those mining operations, including
risks related to international operations, government and
environmental regulation, delays in mine construction and
operations, actual results of mining and current exploration
activities, conclusions of economic evaluations and changes in
project parameters as plans are refined; problems related to the
ability to market precious metals or other metals; industry
conditions, including commodity price fluctuations, interest and
exchange rate fluctuations; interpretation by government entities
of tax laws or the implementation of new tax laws; regulatory,
political or economic developments in any of the countries where
properties in which Metalla holds a royalty, stream or other
interest are located or through which they are held; risks related
to the operators of the properties in which Metalla holds a royalty
or stream or other interest, including changes in the ownership and
control of such operators; risks related to global pandemics,
including the current novel coronavirus (COVID-19) global health
pandemic, and the spread of other viruses or pathogens; influence
of macroeconomic developments; business opportunities that become
available to, or are pursued by Metalla; reduced access to debt and
equity capital; litigation; title, permit or license disputes
related to interests on any of the properties in which Metalla
holds a royalty, stream or other interest; the volatility of the
stock market; competition; future sales or issuances of debt or
equity securities; use of proceeds; dividend policy and future
payment of dividends; liquidity; market for securities; enforcement
of civil judgments; and risks relating to Metalla potentially being
a passive foreign investment company within the meaning of U.S.
federal tax laws; and the 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. Metalla undertakes no obligation to update
forward-looking information except as required by applicable law.
Such forward-looking information represents management's best
judgment based on information currently available. No
forward-looking statement can be guaranteed, and actual future
results may vary materially. Accordingly, readers are advised not
to place undue reliance on forward-looking statements or
information.
SOURCE Metalla Royalty and Streaming Ltd.
