Metalla Files Final Base Shelf Prospectus
Metalla Files Final Base Shelf Prospectus
TSXV: MTA
NYSE American: MTA
VANCOUVER
,
May 1, 2020
/CNW/ -
Vancouver, British Columbia
: Metalla Royalty & Streaming
Ltd.
("
Metalla
" or the "
Company
") (TSXV: MTA) (NYSE American: MTA) announces that it has filed
a final short form base shelf prospectus (the "
Shelf Prospectus
") with the securities regulatory
authorities in each of the provinces of
Canada
and a corresponding registration statement on Form
F-10 (the "
Registration Statement
") with the United States Securities and Exchange Commission
("
SEC
") under the Multijurisdictional Disclosure System established between
Canada
and
the United
States
.
The Shelf Prospectus and the Registration Statement, when made effective, will enable the
Company to make offerings of up to
C$200 million
of common shares, warrants, subscription
receipts, units and share purchase contracts or a combination thereof of the Company from time to
time, separately or together, in amounts, at prices and on terms to be determined based on market
conditions at the time of the offering and as set out in an accompanying prospectus supplement,
during the 25-month period that the Shelf Prospectus and Registration Statement remain effective.
Unless otherwise specified in the prospectus supplement relating to a particular offering of
securities, the net proceeds from any sale of any securities will be used to finance the future
purchase of streams and royalties, and for working capital purposes. The Company filed the Shelf
Prospectus and the Registration Statement to enhance its financial flexibility but has no intentions to
undertake an offering. The specific terms of any future offering will be established in a prospectus
supplement to the Shelf Prospectus, which supplement will be filed with the applicable Canadian
securities regulatory authorities and the SEC.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
A copy of the Shelf Prospectus can be found on SEDAR at
www.sedar.com
, and copies of the
Registration Statement can be found on EDGAR at
www.sec.gov
. Copies of the Shelf Prospectus
and the Registration Statement may also be obtained by contacting the President and Chief
Executive Office of the Company at 543 Granville Street, Suite 501,
Vancouver, British Columbia
V6C 1X8.
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.
For further information, please visit our website at
www.metallaroyalty.com
ON BEHALF OF METALLA ROYALTY & STREAMING LTD.
(signed) "Brett Heath"
President and CEO
Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" within
the meaning of applicable securities laws (the "forward-looking statements"), within the meaning of
applicable Canadian and
United States
securities legislation, including
information pertaining any
potential future offering(s) of securities pursuant to the Base Shelf Prospectus (and the use of
proceeds therefrom),
. Forward-looking statements are statements that are not historical facts and
are generally, although not always, identified by words such as "expect", "plan", "anticipate",
"project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and
similar expressions or their negative connotations, or that events or conditions "will", "would",
"may", "could", "should" or "might" occur. All such forward-looking statements are based on the
opinions and estimates of management as of the date such statements are made. These forward-
looking statements are made as of the date of this news release. Readers are cautioned not to
place undue reliance on forward-looking statements, as there can be no assurance that the future
circumstances, outcomes or results anticipated in or implied by such forward-looking statements
will occur or that plans, intentions or expectations upon which the forward-looking statements are
based will occur. While we have based these forward-looking statements on our expectations
about future events as at the date that such statements were prepared, the statements are not a
guarantee that such future events will occur and are subject to risks, uncertainties, assumptions
and other factors which could cause events or outcomes to differ materially from those expressed
or implied by such forward-looking statements. Such factors and assumptions include, among
others, the effects of general economic conditions, commodity prices, changing foreign exchange
rates and actions by government and regulatory authorities and misjudgments in the course of
preparing forward-looking statements. In addition, there are known and unknown risk factors which
could cause our actual results, performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by the forward-looking statements.
Known risk factors include 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 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 of civil judgments; and risks
relating to Metalla potentially being a passive foreign investment company within the meaning of
U.S. federal tax laws, as well as those factors discussed in the section entitled "Risk Factors" in
the Base Shelf Prospectus and in the section entitled "Risk Factors" in our base shelf prospectus
dated
May 1, 2020
and filed with the Canadian Securities Administrators and the SEC, which may
be viewed at
www.sedar.com
and
www.sec.gov
, respectively. Although we have attempted to
identify important factors that could cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other factors that cause actions,
events or results not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements. We are under no obligation to update or alter any
forward-looking statements except as required under applicable securities laws.
For the reasons
set forth above, undue reliance should not be placed on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Metalla Royalty and Streaming Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/May2020/01/c6213.html
%SEDAR: 00005157E
For further information:
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 17:36e 01-MAY-20