NYSE AMERICAN: MTA
TSX-V: MTA
VANCOUVER, BC, Feb. 23,
2023 /CNW/ - Metalla Royalty & Streaming
Ltd. ("Metalla" or the "Company") (NYSE American:
MTA) (TSXV: MTA) is pleased to announce that, further to its news
release dated December 22, 2022, it
has closed (the "Closing") the acquisition of a portfolio of
one silver stream and three royalties (the "Transaction")
from Alamos Gold Inc. (NYSE: AGI) (TSX: AGI) for 939,355 of common
shares of Metalla at a price of US$5.3228 per share (representing the 20-day VWAP
on the NYSE American at signing).
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. 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.
(signed) "Brett Heath"
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 news release contains forward-looking statements and
forward-looking information within the meaning of United States and Canadian regulations. 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 in this
release include, but are not limited to, statements with respect to
future cash generation; and the Company's potential to become a
leading gold and silver 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: the risk that the milestones may not be satisfied;
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
development, 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 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. Although Metalla has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, 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 forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. 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.
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SOURCE Metalla Royalty and Streaming Ltd.
