Metalla Strengthens Management Team
Metalla Strengthens Management Team
TSXV:
MTA
NYSE AMERICAN:
MTA
VANCOUVER, BC,
Oct. 27, 2020
/CNW/ - Metalla Royalty & Streaming Ltd. ("
Metalla
" or the
"
Company
") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that it has appointed
Saurabh Handa
, CPA, CA as Chief Financial Officer effective as of
November 1, 2020
.
Mr. Handa will be replacing
Bill Tsang
who has served as Metalla's Chief Financial Officer since
May
2017
. Mr. Tsang has been instrumental to the Company's success and growth in the royalty and
streaming business. The Board of Directors wishes to sincerely thank Mr. Tsang for his devoted
efforts in stewarding the financial reporting of Metalla.
"We are privileged to have Mr. Handa join the Metalla team. Mr. Handa possesses a strong
accounting background and diverse senior level experience as a mining professional. He will be an
invaluable addition to Metalla's team and positions the Company to continue to scale its business of
acquiring accretive royalty and streaming assets" commented
Brett Heath
, President and Chief
Executive Officer of Metalla."
ADDITION OF SAURABH HANDA AS CHIEF FINANCIAL OFFICER
Mr. Handa has over 15 years of progressive senior level experience as a mining professional with
experience in various areas including finance, mergers and acquisitions, taxation planning, treasury
management, risk management, regulatory compliance, and multi-jurisdictional public company
reporting. Recently, he has provided consulting services to various mining companies through his
own company, Handa Financial Consulting Inc. Previously, he held the positions of Chief Financial
Officer of Titan Mining Corp., Vice President, Finance of Imperial Metals Corp., Chief Financial
Officer of Meryllion Resources Corp., Chief Financial Officer of Yellowhead Mining Inc. and
Controller for SouthGobi Resources Ltd. Mr. Handa currently serves as a Director and Chair of the
Audit Committee for K92 Mining Inc. Mr. Handa is a Chartered Professional Accountant and
graduated with Honours from the
University of British Columbia
with a diploma in Accounting. Prior to
joining the accounting profession, Mr. Handa obtained a Bachelor of Science degree in Genetics
from the
University of British Columbia
and a diploma in Computer Systems from the British
Columbia Institute of Technology.
ABOUT METALLA
Metalla was created for the purpose of providing shareholders with leveraged precious metal
exposure by acquiring royalties and streams. Our goal is to increase share value by accumulating a
diversified portfolio of royalties and streams with attractive returns. 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.
Website:
www.metallaroyalty.com
Neither the TSXV nor its 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 in this press release include, but are not limited to, the success of Metalla in
scaling its business through the future acquisition of accretive royalty and streaming assets, Mr.
Handa's future contributions to the Company, and the potential for Metalla to become one of the
leading precious metal royalty and streaming companies. Such forward-looking statements reflect
management's current beliefs and are based on information currently available to management.
Forward-looking statements involve known and unknown risks, uncertainties and other factors, which
are beyond the ability of Metalla to control or predict and 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 statements, 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 based 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; regulatory requirements; and 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
.
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.
SOURCE
Metalla Royalty and Streaming Ltd.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/October2020/27/c0276.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:
CO: Metalla Royalty and Streaming Ltd.
CNW 16:15e 27-OCT-20