Metalla Announces $530,000 Financing and Sale of Common Shares to an Institutional Investor

METALLA ANNOUNCES $530,000 FINANCING AND SALE OF

COMMON SHARES TO AN INSTITUTIONAL INVESTOR

FOR IMMEDIATE RELEASE

Toronto CSE: MTA

OTCQB: EXCFF

April 20, 2017

Frankfurt: X9CP

Toronto, Canada: Metalla Royalty & Streaming Ltd. (“Metalla” or the “Company”) (CSE:MTA)

(OTCQB:EXCFF) (FRANKFURT:X9CP) announces that it has closed a $530,000 financing in the

form of a share swap, whereby a company controlled by an insider sold 1 million common shares

at $0.53 to an institutional investor in order to invest the p roceeds in the company at the same

price with a hold period of 4 months plus one day. No warrants were issued with the financing.

“Metalla is pleased to welcome a prominent institutional investor as well as enhance our financial

flexibility as we look to acquire additional royalties and streams ," commented Tim Gallagher,

Metalla’s Chairman.

Metalla Royalty & Streaming Ltd. is a precious metals royalty and streaming company engaged in the acquisition

and management of precious metal royalties, streams, and similar production-based interests.

Neither the Canadian Securities Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors:

“Tim Gallagher”

Chairman & CEO

Metalla Royalty & Streaming

For more information please contact:

Tel: 416-925-0090

Email: [email protected]

www.metallaroyalty.com