Metalla Expands Non-Brokered Portion of the Financing

METALLA EXPANDS NON-BROKERED

PORTION OF THE FINANCING

FOR IMMEDIATE RELEASE

Toronto CSE: MTA

OTCQB: EXCFF

April 10, 2017

Frankfurt: X9CP

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

(OTCQB:EXCFF) (FRANKFURT:X9CP) is pleased to announce that it has expanded and closed

the non-brokered portion of the private placement announced February 13, 2017 for additional

proceeds of $727,000 for 1,454,000 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 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 we re 7% cash

commission and 7% broker warrants at $0.75 for 2 years.

This brings the total non -brokered portion to $ 3,943,818. Given the immediate capital need has

been secured, the Company has decided to postpone the brokered portion of the transaction.

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