TSXV: MTA
NYSE American: MTA
VANCOUVER, May 1, 2020 /CNW/ - Metalla Royalty &
Streaming Ltd. ("Metalla" or the "Company")
(TSXV:MTA) (NYSE American: MTA) The Company is pleased to announce
that, subject to regulatory approval, it has retained Generation
IACP Inc. ("Generation") to provide market making services
with the objective of maintaining a reasonable market and improving
the liquidity of its Common Shares. Under the agreement between
Generation and the Company (the "Generation Agreement"), the
Company has agreed to initially pay Generation a fee of
C$7,500 plus applicable taxes, per
month. Generation will not receive any Common Shares or options as
compensation. Generation does not currently own any securities of
Metalla, however, Generation and its clients may acquire a direct
interest in the securities of the Company. Metalla and Generation
are unrelated and unaffiliated entities. Generation is a member of
the Investment Industry Regulatory Organization of Canada and a member firm of the Toronto Stock
Exchange and the TSX Venture Exchange. The initial term of the
Generation Agreement will last 6 months, and such term will be
automatically renewed for subsequent 6-month periods unless
terminated earlier by 30 days' prior written notice.
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 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 information
in this press release includes, but is not limited to, Generation
maintaining a reasonable market and improving the liquidity of
Metalla's Common Shares 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 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 information,
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.
