MTA.V · 2022-08-16 12:00:00

Appointment of Mandy Johnston to the Board of Directors of Metalla Royalty

Management Changes Royalties & Streams

APPOINTMENT OF MANDY JOHNSTON TO THE BOARD OF

DIRECTORS OF METALLA ROYALTY

TSXV: MTA

NYSE American: MTA

VANCOUVER, BC

Aug. 16, 2022

/CNW/ -

Metalla Royalty & Streaming Ltd.

Metalla

" or the "

Company

") (TSXV: MTA) (NYSE

American: MTA) is pleased to announce the addition of

Mandy Johnston

as an independent director of the Company and a member of

the Audit Committee, effective immediately.

Brett Heath

, President, and CEO of Metalla, commented, "On behalf of the Board of Directors and management, I would like to

welcome Mandy to the Metalla board. The Board of Directors looks forward to working with Mrs. Johnston, who brings a wealth of

mining sector experience in financial reporting, controls, filing, and compliance, all of which serves to strengthen our audit function. We

believe that Mrs. Johnston's valuable skillset and expertise will be a positive contribution to Metalla as we continue our evolution into a

premier precious metals royalty company."

Mandy Johnston

holds a Bachelor of Accounting (Honours) Co-op degree from

Brock University

. She is a registered Chartered

Professional Accountant with over 15 years of experience in both the mining industry and audit and assurance groups. Mandy joined

Osisko Mining Inc. in 2015 and currently serves as the Vice President, Finance, with a preceding position as Director of Finance and

Corporate Controller. Prior to joining Osisko Mining Inc., she held multiple roles at Corsa Coal Corp. and Collins Barrow LLP (now RSM

Canada LLP).

CORPORATE UPDATE

In accordance with the Company's Share Compensation Plan, Metalla has granted 605,000 stock options to certain officers, directors,

employees and consultants to purchase 605,000 common shares. Each option grant vests in two equal instalments, twelve and twenty-

four months from the date of issue. Each option is exercisable, once vested, for a period of five years from the date of grant at an

exercise price of

C$5.98

per common share.

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" (collectively,

"forward looking

statements

) within the meaning of applicable securities legislation, including statements regarding future board contributions, the

Company evolving into a precious metals royalty company and the potential vesting and exercise of stock options. 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 except as

required by applicable law.

All statements included herein that address events or developments that

we expect to occur in the

future are

forward-looking

statements. Generally, forward-looking statements can be identified by the use of

forward-looking terminology such as

plans

expects

does not expect

is expected

budgets

scheduled

estimates

forecasts

predicts

projects

intends

targets

aims

anticipates

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

will

be taken, occur or be achieved.

Such forward-looking statements reflect management's current beliefs and are based on information currently available to

management. Forward-looking statements 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 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, including but not limited to 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; inability to obtain stock exchange approvals or otherwise satisfy the conditions to close Metalla's loan extension; 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 we

have 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. We are under no obligation to update or alter any forward-looking

statements except as required under applicable

securities laws. For the reasons set forth above, undue reliance should not be

placed on forward-looking statements.

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SOURCE

Metalla Royalty and Streaming Ltd.

View original content to download multimedia:

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%SEDAR: 00005157E

For further information:

CONTACT INFORMATION: Metalla Royalty & Streaming Ltd., Brett Heath, President & CEO, Phone: 604-

696-0741, Email:

[email protected]; Kristina Pillon, Investor Relations, Phone: 604-908-1695, Email:

[email protected], Website: www.metallaroyalty.com

CO: Metalla Royalty and Streaming Ltd.

CNW 16:45e 16-AUG-22

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