Business
METALLA REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2022 AND PROVIDES ASSET UPDATES
METALLA REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2022 AND PROVIDES ASSET UPDAT...
About this update from Metalla Royalty & Streaming Ltd.
[{"type":"text","content":"\n \n \n \n METALLA REPORTS FINANCIAL RESULTS FOR THE SECOND 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 Aug. 12, 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: MTA) announces its operating and financial results for the three and six months ended\n \n June 30, 2022\n \n . For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three and six months ended\n \n June 30, 2022\n \n , please see the Company's filings on SEDAR (\n \n www.sedar.com\n \n ) or 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, \"In the second quarter of 2022, we saw several significant advancements and milestones achieved within our royalty portfolio. G Mining's Tocantinzinho project secured a\n \n $481M\n \n financing package, expected to reach production in the second half of 2024. Wasamac's production profile was increased to\n \n 250k\n \n oz Au per year by Yamana Gold, making it an expected top 10 gold producer in\n \n Canada\n \n . We also saw discoveries made at Moneta's Garrison project and Canadian Malartic's Camflo property that look to provide even more potential upside. We are pleased to see our assets continue to advance and benefit from our strong counterparties at a time when equity and debt markets remain constrained.\n \n \"\n \n \n \n FINANCIAL HIGHLIGHTS\n \n \n \n \n During the six months ended\n \n June 30, 2022\n \n , and the subsequent period up to the date of this news release, the Company:\n \n \n...