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Metalla Strengthens Board of Directors

Management Changes

Metalla Strengthens Board of Directors

TSXV: MTA

NYSE AMERICAN: MTA

VANCOUVER

,

Jan. 16, 2020

/CNW/ -

Metalla Royalty & Streaming Ltd.

("

Metalla

" or the

"

Company

") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that effective

immediately it has appointed

Terry Krepiakevich

to the board of directors as an independent

director, subject to regulatory approvals.

"We are privileged to have Mr. Krepiakevich join the Metalla team and chair our audit committee,"

commented

Brett Heath

, President, and CEO of Metalla. "Mr. Krepiakevich has over 30 years of

diverse experience as a CPA, CFO, and has served on several audit committee positions on both

TSX and NYSE American listed companies."

Mr. Krepiakevich is currently a member of the board of directors of several publicly listed and private

companies, including as Chair of the Audit Committee for Alexco Resource Corp., a TSX-listed and

NYSE American-listed mineral resources company since

July 2009

, and a director of Kaizen

Discovery Resource Corp. He was the Chief Financial Officer of SouthGobi Resources Ltd, from

2006 to 2011. He was previously the Chief Financial Officer of Extreme CCTV Inc., a former TSX-

listed company, from

November 2000

to

July 2006

and was also a Director from

June 2001

to

July

2006

. He was the Vice President of Finance and Chief Financial Officer of Maynard's Industries from

July 1988

to

June 2000

. Mr. Krepiakevich also serves on the board of Covenant House, and in the

past has served on numerous charitable and private organizations in the

Vancouver

community. In

May 2011

, Mr. Krepiakevich was recognized with the BC CFO of the Year Award. Mr. Krepiakevich

is a Chartered Professional Accountant, and a certified member of the Institute of Corporate

Directors.

OPTION GRANT AWARD

The Company has granted options to officers, directors, and employees to purchase 600,000

common shares pursuant to the Company's share compensation plan, with an exercise price of

C$7.66

per common share. Each grant vests in four equal installments every six months from the

date of issue. Each option is exercisable, once vested, for a period of 5 years from the date of the

grant.

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. 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"

President and CEO

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

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 statements and information include, but are not limited to, the potential for Metalla to

become one of the leading precious metal royalty and streaming companies. 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 impact of

general business and economic conditions and other related risks and uncertainties including 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.

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.

SOURCE

Metalla Royalty and Streaming Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/January2020/16/c1861.html

%SEDAR: 00005157E

For further 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 09:00e 16-JAN-20