Metalla Royalty & Streaming reports uplift in revenue and operating cash margin in first quarter
Metalla Royalty now holds 50 precious metal royalty and streams
Company
Metalla Royalty & Streaming Ltd
CNSX:MTA
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 Resource Estimate Tonnes Gold (000's) (g/t) (Koz) Indicated Resources 1,268 6.51 265 Inferred Resources 2,373 5.32 406 Total Resources 3,641 5.71 671 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.
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Metalla closes acquisition of royalty interest in Fosterville mine
Fosterville is a high-grade, low-cost underground gold mine in Victoria, Australia which has been in production since 2005
Metalla Royalty & Streaming says new Higginsville royalty provides immediate cash flow from an emerging Australia gold district
The group has struck a purchase and sale agreement with Morgan Stanley to acquire an existing royalty at Higginsville
Metalla Royalty & Streaming launches US$20M equity program to fund future acquisitions
The junior company has struck a deal with a syndicate of agents, including BMO Nesbitt Burns as lead Canadian agent and BMO Capital Markets Corp as the lead US agent
Metalla Royalty & Streaming continues to scale the business as it grows portfolio to 50 precious metals assets
Metalla's royalty portfolio continues to expand and it now holds 50 precious metal assets, compared to 43 back in April
Metalla Royalty & Streaming increases loan facility to over C$32M to fund future acquisitions
The original loan facility of $12 million is from shareholder Beedie Capital, which said it “looks forward to supporting the acceleration and growth” of the royalty company’s business
Metalla Royalty & Streaming adds new royalty on Kirkland Lake Gold's high-grade Fosterville gold mine
Metalla has acquired a 2.5% royalty on Fosterville, which produced 619,000 ounces in 2019 at an average grade of 39.6 grams per ton
Metalla Royalty and Streaming and Coeur Mining close US$20.7M secondary bought deal offering
The offering included 510,000 shares due to an exercise in full of an over-allotment option
Metalla Royalty and Streaming adds high quality producing gold royalty to portfolio
The firm has struck a deal with Coeur Mining Inc and third-parties to jointly acquire a 1.3875% royalty interest on the operating Wharf mine in South Dakota
Metalla Royalty & Streaming looking to further scale up as it continues to expand gold royalties
In less than four years, the group has acquired 46 royalties/streams over 15 transactions and deployed C$75 million of capital
Metalla Royalty and Streaming set to add two high quality gold royalties after striking US$4M Nevada acquisition
The royalty firm has struck a share purchase deal with Idaho Resources (IRC), which boasts a 0.5% gross overriding royalty on the Anglo/Zeke claim block
Metalla Royalty and Streaming CEO says company 'well-positioned' to grow despite volatile capital markets
The CEO’s comments came as the streaming firm posted its third-quarter financial results highlighting a working capital balance of nearly C$6.7 million.
Metalla Royalty & Streaming says dividends to continue for April and May amid likely coronavirus disruption to global mining
Dividends will continue to be based on Metalla's policy of paying out a target rate of 50% of operating cash flow
Metalla scores one of the world's largest undeveloped copper-gold projects
The 2% royalty is on the NuevaUnión project in Chile, a joint venture between Teck and Newmont
Metalla Royalty & Streaming eyeing cash flow from COSE and Joaquin royalties this quarter
Metalla is focused on acquiring third-party royalties on assets operated by major mining groups
Metalla Royalty & Streaming names Terry Krepiakevich independent board director
Krepiakevich is also chair of the audit committee for Alexco Resource Corp
Metalla Royalty & Streaming applies to list on the NYSE American
The royalty and streaming company's shares will trade on the exchange under the symbol “MTA”
Haywood Securities initiates coverage on Metalla Royalty & Streaming with 'Buy' rating
Analyst Kerry Smith described the growing royalty firm as "an active player that will continue to grow in a niche market"
Metalla Royalty & Streaming welcomes progress at two of its royalty assets in Argentina
The firm holds a 1.5% and 2% net smelter royalty, respectively, on Pan American Silver's COSE and Joaquin mines in Argentina
Metalla Royalty & Streaming increasingly building value as it snaps up royalties in major mine projects
The company is at an early stage of its growth but has rapidly expanded over the last three years