Metalla Announces Market Maker Engagment
Metalla Announces Market Maker Engagment
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.
View original content:
http://www.newswire.ca/en/releases/archive/May2020/01/c6238.html
%SEDAR: 00005157E
For further 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 18:00e 01-MAY-20