TSXV: MTA
NYSE American: MTA
VANCOUVER, BC, May 17, 2023
/CNW/ - Metalla Royalty & Streaming
Ltd. ("Metalla" or the "Company") (TSXV:
MTA) (NYSE American: MTA) announced today that Douglas B. Silver has stepped down as a director
of the Company.
Brett Heath, President, and
CEO of Metalla commented "On behalf of the board of directors and
our management team, we want to thank Mr. Silver for his
contributions to the Company during his tenure as a director and we
wish him all the best in his future endeavours."
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"
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
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.
