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Metalla Files Year End 2017 Financials and Md&a

Financials

METALLA FILES YEAR END 2017 FINANCIALS AND MD&A

FOR IMMEDIATE RELEASE CSE: MTA

OTCQB: MTAFF

September 29, 2017

Frankfurt: X9CP

Vancouver, British Columbia: Metalla Royalty & Streaming Ltd. (“Metalla” or the “Company”)

(CSE:MTA) (OTCQB:MTAFF) (FRANKFURT:X9CP) is pleased to announce it has filed its annual audited

Financial Statements for the year ending May 31, 2017 and associated Management’s Discussion and

Analysis (“MD&A”). For complete details of the Financial Statements and MD&A, please see the

Company’s filings on SEDAR (www.sedar.com) or the Company’s website (www.metallaroyalty.com) .

The Company has also scheduled its Annual General Meeting of Shareholders (“AGM”) for November 2,

2017 at 10am PDT. It will be held at the Company’s office at Suite 501, 543 Granville St VANCOUVER,

BC V6C 1X8 Canada.

On September 1, 2016 Metalla (formerly named Excalibur Resources Ltd.) completed an acquisition of a

specialty royalty and streaming finance company High Stream Corp. (“High Stream”) . This allowed the

Company to expand its efforts on a new strategy of acquiring precious metal based royalty and streams.

As part of the transaction, Excalibur agreed to change its name to the current name “Metalla Royalty &

Streaming Ltd.”.

The Company’s full year audited Financial Statements and related MD&A are for a period which partially

predate the closing of the High Stream acquisition. As a consequence, these financial results partially

represent a period when the Company was engaged in evaluating various different business strategies to

pursue.

Metalla expects that the next quarter’s results, which will be for the period from June 1, 2017 to August 31,

2017, will start to reflect the Company’s royalty and streaming operations.

CLARIFICATION OF PRIOR DISCLOSURE

The Company also wishes to clarify disclosure contained in the Company’s press release dated September

1, 2016 and the Company’s Management Information Circular dated Octo ber 18, 2016 with respect to

inaccurate educational history contained in the biographical information of the Company's President and

CEO, Mr. Brett Heath. The Company would like to restate the biographical information for Mr. Heath as

follows: “Mr. Heath has a comprehensive career in the struct ured finance, corporate finance and

investment management industry. He was previously the Chairman and CEO of High Stream Corporation

before Metalla acquired it in September 2016. High Stream was a specialty streaming and royalty

consulting company where he worked with several private equity funds, public companies, and other

investment groups, advising and brokering metal streaming and royalty transactions. Before that, he was

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the President of a private streaming company where he deployed $11 million in four producing streaming

transactions in three jurisdictions. Prior to that, he was a founding principal of KSIR Capital Management, a

hedge fund focused on small and micro-cap mining companies. He also advised several mining companies

with KSIR Capital, the corporate finance division of KSIR.” The updated biographical information is

available on the Company's website.

About Metalla

Metalla is a precious metals royalty and streaming company. Metalla provides shareholders with leveraged

precious metal exposure through a diversified portfolio of royalties and streams. 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

CONTACT INFORMATION

Metalla Royalty & Streaming Ltd.

Brett Heath, President & CEO

Phone: 604-696-0741

Email: [email protected]

Website: www.metallaroyalty.com

INVESTOR RELATIONS

Renmark Financial Communications Inc.

Barry Mire: [email protected]

Tel: (416) 644-2020 or (514) 939-3989