TSXV: MTA
NYSE AMERICAN: MTA
VANCOUVER, BC, July 15,
2024 /CNW/ - Metalla Royalty & Streaming Ltd.
("Metalla") or ("Company") (NYSE American: MTA)
(TSXV: MTA) is pleased to announce the release of its inaugural
Asset Handbook outlining the Company's high-quality gold, silver,
and copper production, development and exploration assets, as well
as Mineral Reserve and Mineral Resource data. Included in the Asset
Handbook is the annual letter to shareholders. The Asset Handbook
is available on the Company's website at
www.metallaroyalty.com.
Brett Heath, President & CEO
of Metalla commented, "We set out to pursue a strategic
long-term vision with an unwavering focus to build a leading
royalty company. That vision was built around giving shareholders,
through accretive transactions, exposure to the highest quality
deposits while minimizing risk and maximizing optionality. Metalla
now has over 100 royalty and streaming assets. We're pleased
to highlight the quality and depth of our portfolio along with
potential for material organic growth and value creation through
the release of our inaugural Asset Handbook."
ASSET HANDBOOK
The 2024 Asset Handbook offers an in-depth look at our diverse
and high-quality gold, silver, and copper royalty portfolio and the
key assets that we believe will be the driving force behind our
growth over the coming years. In just under eight years, Metalla
has built a portfolio of over 100 royalties, located primarily in
the world's top mining jurisdictions on Tier 1, long-life assets
managed by some of the industry's largest and most well-capitalized
mining companies. Our partners have added considerable amounts of
value through exploration and development which we believe has
unlocked significant potential through new discoveries, reserve and
resource additions, and mine life extensions and expansions, all at
no additional cost to the Company.
ABOUT METALLA
Metalla was created to provide shareholders with leveraged
precious and strategic 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 royalty
companies.
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 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.
Information contained on any website or document referred to
or hyperlinked in this press release shall not be deemed to be a
part of this press release.
Technical and Third-Party Information
Metalla has limited, if any, access to the properties on
which Metalla holds a royalty, stream or other interest. Metalla is
dependent on (i) the operators of the mines or properties and their
qualified persons to provide technical or other information to
Metalla, or (ii) publicly available information to prepare
disclosure pertaining to properties and operations on the mines or
properties on which Metalla holds a royalty, stream or other
interest, and generally has limited or no ability to independently
verify such information. Although Metalla does not have any
knowledge that such information may not be accurate, there can be
no assurance that such third-party information is complete or
accurate. Some information publicly reported by operators may
relate to a larger property than the area covered by Metalla's
royalty, stream or other interests. Metalla's royalty, stream or
other interests can cover less than 100% and sometimes only a
portion of the publicly reported mineral reserves, resources and
production of a property.
Unless otherwise indicated, the technical and scientific
disclosure contained or referenced in this press release,
including any references to mineral
resources or mineral reserves, was prepared in accordance with
Canadian NI 43-101, which differs
significantly from the requirements of the U.S. Securities and
Exchange Commission (the
"SEC") applicable to U.S.
domestic issuers. Accordingly, the scientific and technical
information contained or referenced in this press
release may not be comparable to similar information
made public by U.S. companies subject to the
reporting and disclosure requirements of the
SEC.
"Inferred mineral
resources" have a great amount of uncertainty as
to their existence and great uncertainty as to
their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral
resource will ever be upgraded to a
higher category. Historical results or feasibility models presented
herein are not guarantees or expectations of
future performance.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements and
forward-looking information (collectively, "forward-looking
statements") within the meaning of applicable
securities legislation. 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 include, but are not
limited to, the statements regarding the strategic long-term vision
of the Company; the significant potential of the Company, including
for material organic growth and value creation; the key assets
identified in the Asset Handbook as the driving force behind
Metalla's growth; the expectations generally of Metalla regarding
the property owners/operators and the authors of relevant technical
reports and studies with respect to the mineral projects in which
Metalla has an interest, including without limitation, estimates of
mineral resources and mineral reserves and updates thereto,
production, mine life, NPV, IRR, costs, drilling, development,
permitting, water sourcing, commodity mix and prices, and the
timing thereof; future opportunities
and acquisitions; future exploration, financing,
development, production and other anticipated developments on the
properties in which the Company has or has agreed to
acquire an interest; future growth, increased
share value, 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:
that the long-term vision of the Company will not be realized; that
the significant potential of the Company will not be realized, and
Metalla will not achieve material organic growth or create value;
that the key assets identified in the Asset Handbook will not be
the driving force behind Metalla's growth; 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.
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SOURCE Metalla Royalty & Streaming Ltd.