Metalla Closes $3.2 Million Non-Brokered Portion of the Financing

METALLA CLOSES $3.2 MILLION NON-BROKERED

PORTION OF THE FINANCING

FOR IMMEDIATE RELEASE

Toronto CSE: MTA

OTCQB: EXCFF

March 6, 2017

Frankfurt: X9CP

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

(OTCQB:EXCFF) (FRANKFURT:X9CP) is pleased to ann ounce that it closed the non-brokered

portion of the private placement announced February 13, 2017 for gross proceeds of $3,216,818

for 6,433,636 units (“Units”) at $0.50 per unit. Each Unit consists of one common share and one-

half of one common share purchase warrant. Each full warrant is exercisable to acquire an

additional common share at $0.75 per share for a period of two years from the closing date. The

warrants are subject to an acceleration clause if the stock trades at or above $1.00 per share for

ten consecutive trading days. All securities issued in connection with the offering are subject to a

four-month-and-a-day hold period. Broker fees where applicable were 7% cash commission and

7% broker warrants at $0.75 for 2 years.

Red Cloud Klondike Strike (“RCKS”) acted as advisor for the deal.

The Company has granted 600,000 stock options at $.58 per share for officers, directors, and

consultants in accordance with the company stock option plan.

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:

“Brett Heath”

President and Director

Metalla Royalty & Streaming

For more information please contact:

Tel: 416-925-0090

Email: [email protected]

www.metallaroyalty.com