MTA.V · 2022-02-14 12:00:00

Metalla Establishes Environmental, Social, and Governance Committee NYSE American: MTA

Corporate Updates

METALLA ESTABLISHES ENVIRONMENTAL, SOCIAL, AND

GOVERNANCE COMMITTEE

NYSE AMERICAN:

MTA

TSX-V:

MTA

VANCOUVER, BC

Feb. 14, 2022

/CNW/ -

Metalla Royalty & Streaming Ltd. ("

Metalla

" or the "

Company

") (NYSE American:

MTA) (TSXV: MTA) is pleased to announce that its board of directors ("

Board

") has formed a new committee, the

Environmental, Social, and Governance Committee (the "

ESG Committee

"), to oversee the Company's environmental, social and

governance ("

ESG

") practices.

The ESG Committee formalizes the Company's ongoing commitment to ESG principles in the evaluation and monitoring of the

Company's royalty and streaming interests and related corporate practices. The scope of the ESG Committee's mandate will be

to implement the Company's ESG policy and to evaluate and monitor the ESG performance of the companies which operate the

properties in which the Company has a royalty or streaming interest or is considering acquiring such an interest.

Brett Heath

, CEO, commented: "The establishment of the ESG committee reflects Metalla's commitment to corporate

responsibility and ESG principles. Metalla carefully considers ESG principles in its investment decisions and the ESG committee

will support management in evaluating and monitoring the projects in which Metalla holds royalty and streaming interests."

Lawrence Roulston

, Chairman, stated: "Each and every one of us in the Metalla organization lives and functions according to the

very highest standards of corporate responsibility, in all its aspects. Adding this new level of oversight to our existing corporate

governance policies further emphasizes our commitment to 'doing the right thing' throughout the organization."

The ESG Committee will be comprised of Mr.

Lawrence Roulston

, Mr.

Douglas Silver

and Mr.

Terry Krepiakevich

. The formation

of the ESG Committee will elevate ESG considerations to the regular Board agenda and bring additional focus to the formulation,

evaluation, and implementation of the Company's ESG policies.

The Company also announces that, pursuant to the Company's share compensation plan, it has granted an aggregate of 47,554

restricted share units to certain directors and officers of the Company to recognize their efforts and contributions during the 2021

calendar year. The restricted share units entitle the holders thereof to receive 47,554 common shares of the Company, with half

of the restricted share units vesting 12 months following the grant date and the remaining half vesting 24 months following the

grant date, subject to earlier vesting upon the achievement of certain performance-related criteria subject to the polices of the

TSX Venture Exchange.

ABOUT METALLA

Metalla was created for the purpose of providing 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"

Neither the TSXV nor it's 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

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

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

will

be taken, occur or be achieved. Forward-

looking

statements and information include, but are not limited to, statements with respect to the future vesting dates of the restricted

share units;; and the Company's potential to become a leading gold and silver company.

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 risk that the parties

may be unable to satisfy the closing conditions for the contemplated

transactions or that the transactions may not be completed;

risks associated with the impact of general business and

economic conditions; the absence of control over mining operations

from which Metalla will purchase precious metals or from

which it will receive stream or royalty payments and risks related to

those mining operations, including risks related to

international operations, government and environmental regulation, delays in

mine development, construction and

operations, actual results of mining and current exploration activities, conclusions of

economic evaluations and changes in

project parameters as plans are refined; problems related to the ability to market

precious metals or other metals; industry

conditions, including commodity price fluctuations, interest and exchange rate

fluctuations; interpretation by government

entities of tax laws or the implementation of new tax laws; regulatory, political or

economic developments in any of the

countries where properties in which Metalla holds a royalty, stream or other interest are

located or through which they are

held; risks related to the operators of the properties in which Metalla holds a royalty or

stream or other interest, including

changes in the ownership and control of such operators; risks related to global pandemics,

including the novel coronavirus

(COVID-19) global health pandemic, and the spread of other viruses or pathogens; influence of

macroeconomic

developments; business opportunities that become available to, or are pursued by Metalla; reduced access to

debt and

equity capital; litigation; title, permit or license disputes related to interests on any of the properties in which Metalla

holds a

royalty, stream or other interest; the volatility of the stock market; competition; future sales or issuances of debt or

equity

securities; use of proceeds; dividend policy and future payment of dividends; liquidity; market for securities; enforcement

civil judgments; and risks relating to Metalla potentially being a passive foreign investment company within the meaning of

U.S. federal tax laws; and the 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.

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SOURCE

Metalla Royalty and Streaming Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/February2022/14/c1885.html

%SEDAR: 00005157E

For further information:

CONTACT 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 07:30e 14-FEB-22

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