Business
Metalla Files Final Base Shelf Prospectus
Metalla Files Final Base Shelf Prospectus Canada NewsWire VANCOUVER, May 1, 2020...
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"\n\n\n\nMetalla Files Final Base Shelf Prospectus\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 1, 2020\n\n\n\nTSXV: MTANYSE American: MTA\n VANCOUVER, May 1, 2020 /CNW/ - Vancouver, British Columbia: Metalla Royalty & Streaming Ltd. (\"Metalla\" or the \"Company\") (TSXV: MTA) (NYSE American: MTA) announces that it has filed a final short form base shelf prospectus (the \"Shelf Prospectus\") with the securities regulatory authorities in each of the provinces of Canada and a corresponding registration statement on Form F-10 (the \"Registration Statement\") with the United States Securities and Exchange Commission (\"SEC\") under the Multijurisdictional Disclosure System established between Canada and the United States.\nThe Shelf Prospectus and the Registration Statement, when made effective, will enable the Company to make offerings of up to C$200 million of common shares, warrants, subscription receipts, units and share purchase contracts or a combination thereof of the Company from time to time, separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of the offering and as set out in an accompanying prospectus supplement, during the 25-month period that the Shelf Prospectus and Registration Statement remain effective. \nUnless otherwise specified in the prospectus supplement relating to a particular offering of securities, the net proceeds from any sale of any securities will be used to finance the future purchase of streams and royalties, and for working capital purposes. The Company filed the Shelf Prospectus and the Registration Statement to enhance its financial flexibility but has no intentions to undertake an offering.  The specific terms of any future offering will be established in a prospectus supplement to the Shelf Prospectus, which supplement will be filed with the applicable Canadian securities regulatory authorities and the SEC.\nThis news release shall not constitute an offer to sell or the solicitation of an offe...