Metalla Announces Voting Results From Annual General Meeting and Option Grant
Metalla Announces Voting Results From
Annual General Meeting and Option
Grant
TSXV: MTA
NYSE AMERICAN: MTA
VANCOUVER, BC, Nov. 6, 2020 /CNW/ - Metalla Royalty &
Streaming Ltd. ("Metalla" or the "Company") (NYSE American: MTA)
(TSXV: MTA) is pleased to announce the voting results for its annual
general meeting of shareholders held on November 4, 2020 (the
"Meeting").
A total of 17,014,694 shares were represented at the Meeting, being
44.90% of the Company's issued and outstanding common shares.
Shareholders approved all matters brought before the Meeting as
follows:
REPORT ON PROXIES
MOTIONS NUMBER OF SHARES PERCENTAGE OF VOTES CAST
FOR AGAINST WITHELD/ABSTAIN FOR AGAINST WITHHELD/ABSTAIN
Number of Directors 10,921,557 44,155 0 99.60% 0.40% 0.00%
Brett Heath 10,061,930 0 32,812 99.67% 0.00% 0.33%
Lawrence Roulston 9,342,389 0 752,353 92.55% 0.00% 7.45%
E.B. Tucker 10,066,597 0 28,145 99.72% 0.00% 0.28%
Alexander Molyneux 9,333,427 0 761,315 92.46% 0.00% 7.54%
James Beeby 9,341,131 0 753,611 92.53% 0.00% 7.47%
Terry Krepiakevich 10,011,342 0 83,400 99.17% 0.00% 0.83%
Appointment of
Auditors 16,936,900 0 77,794 99.54% 0.00 % 0.46%
Share Compensation
Plan 9,804,468 290,273 0 97.12% 2.88% 0.00%
Amendment to Share
Compensation Plan 9,734,381 360,358 0 96.43% 3.57% 0.00%
OPTION GRANT AWARD
The Company has granted options to certain officers, directors, and
employees to purchase an aggregate of 420,000 common shares
pursuant to the Company's share compensation plan, with an exercise
price of C$12.85 per common share. Each option grant vests in four
equal installments every six months from the date of issue. Each
option is exercisable, once vested, for a period of 5 years from the
date of the grant.
ABOUT METALLA
Metalla was created to provide shareholders with leveraged precious
metal exposure by acquiring royalties and streams. Our goal is to
increase share value by accumulating a diversified portfolio of
royalties and streams with attractive returns. 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 statements and information include, but are not
limited to, the future vesting and exercise of the options granted under
the share compensation plan and the potential for Metalla to become
one of the leading precious metal royalty and streaming companies.
Forward-looking statements and information 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 and information 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 set out
herein, including but not limited to: the impact of general business and
economic conditions and other related risks and uncertainties
including 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.
Metalla undertakes no obligation to update forward-looking information
except as required by applicable law. Such forward-looking
information represents management's best judgment based on
information currently available. No forward-looking statement can be
guaranteed, and actual future results may vary materially. Accordingly,
readers are advised not to 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.
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%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 17:35e 06-NOV-20