METALLA CLOSED 2ND TRANCHE OF OVERSUBSCRIBED PRIVATE PLACEMENT

METALLA CLOSED 2ND TRANCHE OF OVERSUBSCRIBED PRIVATE PLACEMENT

$MTAFF, $GLD, $SLV

Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announce Friday that the Company has sold an additional 4,172,358 units of the Company at a price of C$0.78 per Unit for additional gross proceeds of approximately C$3,254,439.

With the closing of this 2nd tranche on 4 January 2019and the 1st tranche on 21 December 2018, the Company has closed its over-subscribed brokered private placement for aggregate gross proceeds of C$6,781,131

The Offering was led by Haywood Securities Inc. on behalf of a syndicate of agents, including PI Financial Corp. and Canaccord Genuity Corp.

The net proceeds from the Offering will be used to finance royalty and stream acquisitions.

All securities issued under the Offering are subject to a 4 month hold period in Canada, which will expire on 22 April 2019 in respect of securities issued under the first tranche closing on 21 December 2018, and 5 May 2019 in respect of securities issued under the 2nd tranche closing last Friday.

The Offering is subject to final acceptance of the TSXV.

The Company also announces that is has granted options to certain of its directors, senior officers, consultants and employees to purchase up to an aggregate of 1,500,000 Common Shares.

The options are exercisable for a period of 5 years, at a price to be equal to the closing price of the common Shares on the TSXV on 4 January 2019. The options were granted in accordance with the Company’s existing share compensation plan.

Metalla is a precious metals royalty and streaming company. The company provides shareholders with leveraged precious metal exposure through a diversified and growing portfolio of royalties and streams.

Its 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 the company website at www.metallaroyalty.com

Brett Heath
President/CEO Metalla Royalty & Streaming Ltd.

HeffX-LTN’s overall all technical analysis for MTAFF is Bullish.

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Paul Ebeling

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