Metalla Raises Monthly Dividend BY 50% and Announces Fiscal 2018 Q3 Production
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METALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL
2018 Q3 PRODUCTION
FOR IMMEDIATE RELEASE TSXV: MTA
OTCQX: MTAFF
March 19, 2018
Frankfurt: X9CP
Vancouver, British Columbia: Metalla Royalty & Streaming Ltd. (“Metalla” or the “Company”) (TSXV:
MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announces preliminary production results for the three
months ended February 28, 2018 (“Q3”) of 96,542 ounces (“Oz.”) of silver (“Ag”) sold and provisionally
invoiced. In addition, Metalla held 35,473 Oz. Ag of attributable inventory to be realized in the subsequent
quarter. Metalla expects fiscal Q3 financial statements and MD&A to be released toward the end of April
2018.
DIVIDEND
Metalla is pleased to announce that its board of directors has approved and declared a monthly cash
dividend payment of CAD$ 0.001 per share for April and May 2018 and CAD$0.0015 per share for June
2018 on its common shares for the upcoming quarter (subject to any applicable tax withholding
obligations).
The table below sets out the monthly record and payment dates for shareholders of record. The Company
plans to expand its dividend over the course of the year targeting a payout ratio up to 50% of its operating
cash flow after taxes and G&A. The dividend should give shareholders a link to gold and silver prices and
performance of the Company’s royalties and streams.
DIVIDEND SCHEDULE
Record Date Payment Date Payment Amount ($CAD)
April April 2, 2018 April 16, 2018 $0.001
May May 1, 2018 May 15, 2018 $0.001
June June 1, 2018 June 15, 2018 $0.0015
In the future, and assuming compliance with all applicable securities laws, the Company plans to offer a
Dividend Reinvestment Plan (“DRIP”) once it reaches certain requirements to efficiently provide the DRIP
to all of its shareholders.
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Brett Heath, Metalla’s President & CEO commented, “For the third quarter of fiscal 2018, our revenue and
cash flow continue to support our growing dividend program.” Mr. Heath continued, “The increased
dividend beginning in June will yield 2.7% on an annual basis based on our current share price1 of
CAD$0.68. This makes Metalla one of the highest yielding precious metal royalty and streaming stocks. It
also means shareholders have a material link to the Company’s growth and precious metal prices. We will
continue to grow our cash flow and dividend through accretive transactions.”
Qualified Person
The technical information contained in this news release has been reviewed and approved by Charles
Beaudry, geologist M.Sc., member of the Association of Professional Geoscientists Ontario and of the
Ordre des Géologues du Québec. Mr. Beaudry is a QP as defined in “National Instrument 43 -101
Standards of disclosure for mineral projects.
About Metalla
Metalla is a precious metals royalty and streaming company. Metalla provides shareholders with 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 precious metal royalty and streaming companies for the next commodities
cycle.
For further information, please visit our website at www.metallaroyalty.com
1. Market close on March 16, 2018
Contact Information
Metalla Royalty & Streaming Ltd.
Brett Heath, President & CEO
Phone: 604-696-0741
Email: [email protected]
Website: www.metallaroyalty.com
NEITHER THE TSX VENTURE EXCHANGE (“TSX-V”) NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX-V) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable
Canadian and U.S. securities legislation. The forward-looking statements herein are made as of the date of this press release only
and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions,
future events or results or otherwise, except as required by applicable law.
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” or “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” or “will” be taken, occur or be achieved. Forward-looking information in this press
release includes, but is not limited to, statements with respect to future events or future performance of Metalla, future payments
of dividends, the adoption of the DRIP, disclosure regarding the precious metal purchase agreements and royalty payments to be
paid to Metalla by property owners or operators of mining projects pursuant to net smelter returns and other royalty agreements
of Metalla, continued ramp-up at the Endeavor Mine, management’s expectations regarding Metalla’s growth, results of
operations, estimated future revenues, carrying value of assets, future dividends, and requirements for additional capital,
production estimates, production costs and revenue, future demand for and prices of commodities, expected mining sequences,
business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on
information currently available to management.
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Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results,
performance or achievements of the Company to be materially different from any future results, performance, or achievements
expressed or implied by the forward-looking statements. The forward-looking statements contained in this press release are based
on reasonable assumptions that have been made by management as at the date of such information and is subject to unknown
risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those
expressed or implied by such forward-looking information, including, without limitation: the impact of general business and
economic conditions; the ongoing operation of the properties in which the Company holds a royalty, stream, or other production-
base interest by the owners or operators of such properties in a manner consistent with past practice; absence of control over
mining operations; the accuracy of public statements and disclosures made by the owners or operators of such underlying
properties; no material adverse change in the market price of the commodities that underlie the asset portfolio; and other risks
and uncertainties disclosed under the heading “Risk Factors” in the Management's Discussion and Analysis of the Company dated
September 28, 2017 filed with the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com.
Although Metalla has attempted to identify important factors that could cause actual actions, events or results to differ materially
from those contained in forward-looking information, 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 such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such information. Investors are cautioned that forward-looking
statements are not guarantees of future performance. The Company cannot assure investors that actual results will be consistent
with these forward-looking statements. Accordingly, investors should not place undue reliance on forward-looking statements or
information.
Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward -looking
statements made in this press release are qualified by these cautionary statements.