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METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2022 AND PROVIDES ASSET UPDATES
METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2022 AND PROVIDES ASSET UPDATE...
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"\n \n \n \n METALLA REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2022 AND PROVIDES ASSET UPDATES\n \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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n (All dollar amounts are in\n \n United States\n \n dollars unless otherwise indicated)\n \n \n \n TSXV:  MTA\n \n \n \n NYSE American: MTA\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 13, 2022\n \n \n /CNW/ -\n \n Metalla Royalty & Streaming Ltd.\n \n (\"\n \n Metalla\n \n \" or the \"\n \n Company\n \n \") (TSXV: MTA) (NYSE American: MTA) announces its operating and financial results for the three months ended\n \n March 31, 2022\n \n . For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three months ended\n \n March 31, 2022\n \n , please see the Company's filings on SEDAR (\n \n www.sedar.com\n \n ) or on EDGAR (\n \n www.sec.gov\n \n ). Shareholders are encouraged to visit the Company's website at\n \n www.metallaroyalty.com\n \n .\n \n \n \n \n Brett Heath\n \n , President, and CEO of Metalla, commented, \"The first quarter of 2022 we focused on increasing our near-term cash flow with the amendment to the Beaufor royalty that is expected to be in production in the second half of 2022.  We also expect El Realito, which is part of Angico Eagle's La India mine, to start producing in the second half of 2022, which will increase our producing royalties to seven total.  Although the market continues to be volatile, we believe Metalla's asset base, and growth profile position the Company to have continued success.\"\n \n \n \n \n FINANCIAL HIGHLIGHTS\n \n \n \n \n During the three months ended\n \n March 31, 2022\n \n , and the subsequent period up to the date of this news release, the Company:\n \n \n \n \n Amended an existing 1.0% NSR royalty on Monarch Mining Corporation's (\"\n \n Monarch\n \n \") Beaufor Mine (\"\n \n Beaufor\n \n \").  In consideration for\n \n $1.0 million\n \n paid in cash to...