Metalla Announces ValGold Shareholders Vote in Favor of Plan of Arrangement
Metalla Announces ValGold Shareholders Vote
in Favor of Plan of Arrangement
VANCOUVER
,
July 24, 2018
/CNW/ -
Metalla Royalty & Streaming Ltd. (the "Company" or
"Metalla") (TSXV:MTA) (OTCQX:MTAFF) (Frankfurt:X9CP)
is pleased to announce that
shareholders of ValGold Resources Ltd. ("
ValGold
") voted today at the annual and special meeting
of shareholders of ValGold ("
ValGold Shareholders
") to approve the plan of arrangement (the
"
Arrangement
") between the Company and ValGold as previously announced on
May 9, 2018
. The
Arrangement was approved by 99.99% of the votes cast by ValGold Shareholders voting together
as a single class.
ValGold's application to the Supreme Court of
British Columbia
(the "
Court
") to obtain the final order
approving the Arrangement is scheduled for
July 26, 2018
. Assuming Court approval is obtained,
and the other conditions of the Arrangement are satisfied or waived, the Arrangement is expected to
become effective on or about
July 31, 2018
.
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. Metalla's 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 Metalla's website at
www.metallaroyalty.com
.
ON BEHALF OF THE BOARD OF
METALLA ROYALTY AND STREAMING LTD.
Brett Heath
, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSXV) 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", "scheduled", "estimates", "projects", "intends", "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 the timing and receipt of required Court approval and closing of the Arrangement.
These statements reflect Metalla's current views with respect to future events and are necessarily
based upon a number of other assumptions and estimates that, while considered reasonable by
Metalla, are inherently subject to significant business, economic, competitive, political and social
uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,
performance or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward
looking statements or
forward-looking information and Metalla has made assumptions and estimates based on or related
to many of these factors. Such factors include, without limitation: satisfaction or waiver of all
remaining conditions to closing of the Arrangement including, without limitation, receipt of all
necessary Court and TSX Venture Exchange approvals or consents and lack of material changes
with respect to Metalla and ValGold and their respective businesses, all as more particularly set
forth in the Arrangement Agreement. Readers are cautioned against attributing undue certainty to
forward
looking statements or forward-looking information. Although Metalla has attempted to
identify important factors that could cause actual results to differ materially, there may be other
factors that cause results not to be anticipated, estimated or intended. Metalla does not intend and
does not assume any obligation, to update these forward
looking statements or forward-looking
information to reflect changes in assumptions or changes in circumstances or any other events
affecting such statements or information, other than as required by applicable law.
SOURCE
Metalla Royalty and Streaming Ltd.
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%SEDAR: 00005157E
For further information:
Metalla Royalty & Streaming Ltd., Brett Heath, President & CEO, Phone:
604-696-0741, Email:
[email protected], Website: www.metallaroyalty.com
CO: Metalla Royalty and Streaming Ltd.
CNW 16:00e 24-JUL-18