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Metalla Reports Financial Results for the Period Ended August 31, 2020 and Provides Asset Updates
Metalla Reports Financial Results for the Period Ended August 31, 2020 and Provides Asset...
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"MetallaEarningsAug\n \n \n \n Metalla Reports Financial Results for the Period Ended August 31, 2020 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n VANCOUVER, BC, Oct. 9, 2020\n \n \n \n \n (All dollar amounts are in Canadian dollars unless otherwise indicated)\n \n \n \n \n TSXV: MTA\n \n \n \n \n \n NYSE American: MTA\n \n \n \n \n VANCOUVER, BC,\n \n Oct. 9, 2020\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 August 31, 2020\n \n . For complete details of the consolidated financial statements and accompanying management's discussion and analysis for the three months ended\n \n August 31, 2020\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 http://www.metallaroyalty.com/\n \n .\n \n \n \n \n \n \n \n \n \n \n \n Brett Heath\n \n , President and CEO of Metalla commented, \"Fiscal Q1 represents another major step in growth for Metalla's royalty portfolio with the addition of two producing royalties, Wharf and Higginsville, and the highly coveted\n \n Fosterville\n \n royalty. We are excited about the new opportunities in front of us and to see many of our assets having exploration success while being advanced toward production by our first-class counterparties.\"\n \n \n \n \n FINANCIAL HIGHLIGHTS\n \n \n \n \n During the three months ended\n \n August 31, 2020\n \n , and the subsequent period, the Company:\n \n \n \n \n increased the number of royalties and streams held to a total of 50 precious metal assets through the following notable transactions:\n \n \n \n acquired a net 1.0% Gross Value Royalty interest on the operating Wharf mine (\"\n \n Wharf\n \n \") in\n \n South Dakota\n \n from third parties for total consideration of\n \n US$1.0 million\n \n in ...