Metalla Royalty & Streaming Ltd

Metalla was built to generate leveraged precious metal exposure by acquiring royalties and streams for our shareholders. 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 clear path to becoming one of the leading gold and silver companies for the next commodities cycle.

• A pure-play gold/silver streaming and royalty company
• Fixed per ounce acquisition cost means unlimited leverage to gold/silver prices
• No exploration risk, mining risk, and project risk
• Diverse structure focused on deals $2million – $10million
• Immediate cash flow from producing operations
• Historically, public multiples on cash flow average 20x -30x
• Low insolvency risk due to asset-secured lending position

Approach to Royalty/Stream Acquisitions

Focused on precious metals streams and royalties

• Gold
• Silver

Evaluation

• Management’s operating track record
• Profit margin & position on the industry cost curve
• Counterparty risk, jurisdictional risk, technical risk
• Producing assets
• Compliance with the Group’s corporate social responsibility policy

Diligence

• Detailed due diligence on assets production profile
• Site visits by technical team and independent technical advisors local in the jurisdiction
• Production assumptions based on existing mineable reserves, resources conversion assumptions evaluated on case-by-case basis
• Consider other factors such as geology, infrastructure and permitting, which could impact production volumes or mine life
• Legal ownership, permits, licenses, operating agreements, titles, and corporate structure

Growth Strategy

• Originate new streams and royalties
• Consolidate royalties held by:
  • Private parties and companies
  • Public companies (Exploration, Junior, Mid-tier, Major producers, Prospect Generators, and others)
  •  Private equity funds, Special Purpose Vehicles, Private Investment funds
  • Other existing structures