TSXV: MTA
NYSE AMERICAN:
MTA
VANCOUVER, Jan. 16, 2020 /CNW/ - Metalla Royalty
& Streaming Ltd. ("Metalla" or the
"Company") (TSXV: MTA) (NYSE American: MTA) is pleased to
announce that effective immediately it has appointed Terry Krepiakevich to the board of directors as
an independent director, subject to regulatory approvals.
"We are privileged to have Mr. Krepiakevich join the Metalla
team and chair our audit committee," commented Brett Heath, President, and CEO of Metalla. "Mr.
Krepiakevich has over 30 years of diverse experience as a CPA, CFO,
and has served on several audit committee positions on both TSX and
NYSE American listed companies."
Mr. Krepiakevich is currently a member of the board of directors
of several publicly listed and private companies, including as
Chair of the Audit Committee for Alexco Resource Corp., a
TSX-listed and NYSE American-listed mineral resources company since
July 2009, and a director of Kaizen
Discovery Resource Corp. He was the Chief Financial Officer of
SouthGobi Resources Ltd, from 2006 to 2011. He was previously the
Chief Financial Officer of Extreme CCTV Inc., a former TSX-listed
company, from November 2000 to
July 2006 and was also a Director
from June 2001 to July 2006. He was the Vice President of Finance
and Chief Financial Officer of Maynard's Industries from
July 1988 to June 2000. Mr. Krepiakevich also serves on the
board of Covenant House, and in the past has served on numerous
charitable and private organizations in the Vancouver community. In May 2011, Mr. Krepiakevich was recognized with
the BC CFO of the Year Award. Mr. Krepiakevich is a Chartered
Professional Accountant, and a certified member of the Institute of
Corporate Directors.
OPTION GRANT AWARD
The Company has granted options to officers, directors, and
employees to purchase 600,000 common shares pursuant to the
Company's share compensation plan, with an exercise price of
C$7.66 per common share. Each grant
vests in four equal installments every six months from the date of
issue. Each option is exercisable, once vested, for a period of 5
years from the date of the grant.
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"
President and CEO
Neither the TSXV nor it's 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
and information include, but are not limited to, the potential for
Metalla to become one of the leading precious metal royalty and
streaming companies. 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
impact of general business and economic conditions and other
related risks and uncertainties including 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.
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.
