Metalla Royalty & Streaming Ltd. · TSXV:MTA
Metalla Royalty & Streaming — Investor Presentation (May 2021)
24 slides from Metalla Royalty & Streaming's investor presentation, May 2021
Slide 1: Corporate Presentation May 2021
MAY 2021 NYSE & TSXV:MTA | WWW.METALLAROYALTY.COM
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking ter
Slide 3: The Key Points
THE KEY POINTS ROYALTY COMPANY DELIVERING GROWTH ü Experienced Management Team with Proven, Relevant and Global Track Record ü Most Active Royalty Company as Measured by Material Acquisitions ü Industry-Leading Growth With One Of The Most Robust Pipelines ü Consistent Acquisitions Below Market Rates
Slide 4: The Business Strategy
THE BUSINESS STRATEGY SECONDARY MARKET OF ROYALTIES ON HIGH-QUALITY OPERATIONS IS THE KEY TO OUR SUCCESS BENEFITS FOR METALLA BENEFITS FOR 3RD PARTY • Partner with strong counter- • Monetize royalty asset by parties with operational sale to Metalla for cash experience and strong and shares balance s
Slide 5: Recent Acquisitions
RECENT ACQUISITIONS WORLD-CLASS COUNTERPARTIES WITH STRONG DEVELOPMENT PROJECTS TOCANTINZINHO DEL CARMEN • Acquired a 0.75% Gross Value Return Royalty for • Acquired a 0.5% Gross Value Return Royalty for US$9M in Cash C$1.6M in cash • Fully-permitted, shovel ready high-grade open- • Operated by Barr
Slide 6: The Track Record
THE TRACK RECORD $18.00 Inclusion into the 68 GDXJ $16.00 24 Royalties/Streams $150M Acquires 11 strategic royalties in Transactions Capital Deployed Nevada from Acquired Acquires Genesis 2.5% on $14.00 extensions of Kirkland’s Fosterville Mine $12.00 Acquisition of royalty $10.00 Acquires on Coeur’
Slide 7: The Outperformance
THE OUTPERFORMANCE METALLA HAS CONSISTENTLY OUTPERFORMED ITS PEERS SINCE INCEPTION 130% Metalla Maverix Franco-Nevada Sandstorm Osisko Wheaton Precious Royal Gold 110% 90% 70% 50% 30% 10% -10% -30% -50% Jul-20 May-20 Aug-20 May-21 Sep-20 Dec-20 Jan-20 Apr-20 Jan-21 Apr-21 Nov-20 Feb-20 Mar-20 Jun-20
Slide 8: Actively Expanding Pipeline
ACTIVELY EXPANDING PIPELINE METALLA HAS COMPLETED MORE DEALS THAN ITS PEERS SINCE INCEPTION (Sept 2016) 24 17 13 10 9 7 5 4 Wheaton Royal Gold Sandstorm Avg (exlc. MTA) Maverix Osisko Franco Nevada Metalla Precious Metalla Royalty & Streaming | May 2021 8
Slide 9: Actively Expanding Pipeline
ACTIVELY EXPANDING PIPELINE GREW PORTFOLIO TO 68 ASSETS THROUGH 24 TRANSACTIONS 68 2021 62 Production Grown Portfolio to 68 Assets Since Inception 51 Development 48 45 46 46 43 23 24 20 18 Exploration 17 17 17 13 10 5 0 1 Q2 2016 Q1 2021 Metalla Royalty & Streaming | May 2021 9
Slide 10: Exposure to Top Mining Jurisdictions
EXPOSURE TO TOP MINING JURISDICTIONS 5 Production Assets 22 Development Assets 41 Exploration Assets Metalla Royalty & Streaming | May 2021 10
Slide 11: The Capital Structure
THE CAPITAL STRUCTURE Supportive Shareholders Basic Shares Outstanding 41.7 Warrants 0.0 Options (W Avg $6.48) 3.0 Exchange Traded Funds Fully Diluted 44.8 Market Capitalization $495 ($11.85 share price, May 3, 2021) Analyst Coverage Cash (US$) $5.3 Convertible Debt (C$) $5.0 Facility Available (C$)
Slide 12: Industry Leading Growth
INDUSTRY LEADING GROWTH EXPANSIVE DEVELOPMENT PORTFOLIO WITH TOP OPERATORS In Production Near Term Mid – Long Term Wharf Mine Higginsville Fifteen Mile Stream Santa Gertrudis CentroGold Wasamac Joaquin / COSE Mine New Luika Gold Mine El Realito Endeavor Mine Fosterville Tocantinzinho 55+ OTHER ROYAL
Slide 13: Key Assets
KEY ASSETS Fosterville Santa Gertrudis Bendigo, Victoria, Australia Sonora, Mexico Metal Exposure: Gold Metal Exposure: Gold 2.5% GVR 2% NSR Immediately on trend to the north and south Three major discoveries at Amelia, Espiritu Santo & Victoria’s largest gold mine Santa Teresa Kirkland Lakes gold m
Slide 14: Key Assets
KEY ASSETS Wharf Higginsville Lead, South Dakota Kalgoorlie, Western Australia Metal Exposure: Gold Metal Exposure: Gold Price participation - 27.5% * (spot - A$1,340), first 1% GVR 2.5Koz per quarter, until 34Koz delivered 2021 guidance for 105-110Koz with ~50% of the Stable cash flow from a tier o
Slide 15: Key Assets
KEY ASSETS Fifteen Mile Stream Joaquin Mine/COSE Nova Scotia, Canada Santa Cruz, Argentina Metal Exposure: Gold Metal Exposure: Silver, Gold 1% & 3% NSR 2% NSR & 1.5% NSR Annual Production: 4 Moz Ag, 2 Koz Au / 2Moz Ag, Two new discoveries at Seloam Brook and 149 42 Koz Au(6) Estimated production of
Slide 16: Key Assets
KEY ASSETS Endeavor Mine Wasamac Mine NSW, Australia Rouyn-Noranda, Quebec Metal Exposure: Silver Metal Exposure: Gold 100% Silver Stream 1.5% NSR Current focus on expansion at Deep Zinc Lode, 2P Reserves – 1.8 Moz Au at 2.56 g/t Au(11) Tailings(10) Steady production since 1983, recent discovery of
Slide 17: Key Assets
KEY ASSETS Tocantinzinho CentroGold Para State, Brazil Maranhão, Brazil Metal Exposure: Gold Metal Exposure: Gold 0.75% GVR 1-2% NSR Fully Permitted expected to produce 170Koz per Massive 120,000Ha exploration package that annum over ten years at a $580/Oz cash cost(1) compliments an already robust
Slide 18: Key Assets
KEY ASSETS Anglo/Zeke & Pine Valley El Realito Mine Cortez Trend, Nevada Sonora, Mexico Metal Exposure: Gold Metal Exposure: Gold, Silver 0.5% & 3.0% NSR 2% NSR Covers a portion of Goldrush South and 190 sq. Near term production supplementing La India kilometres of the Cortez Trend Complex Cortez pr
Slide 19: The Case for Investment
THE CASE FOR INVESTMENT Metalla currently boasts one of the higher growth STRONG VALUE PROPOSITION rates and strongest counterparties relative to its peers Portfolio includes stable operations and development ORGANIC GROWTH projects backed by strong counterparties Experienced management team with a
Slide 20: Appendix
APPENDIX MTA I X9CP www.metallaroyalty.com I info@metallaroyalty.com Phone: +1 (604) 696-0741 Suite 501 - 543 Granville Street, Vancouver, BC V6C 1X8 Canada TSXV:MTA
Slide 21: Leadership
LEADERSHIP BOARD OF DIRECTORS MANAGEMENT/ADVISORS Lawrence Roulston Brett Heath Non – Executive Chairman President and CEO, Director Mining professional and geologist with over 35 years of diverse hands-on Founder of Metalla – Mr. Heath is a metals and mining industry professional experience. with 1
Slide 22: Production & Development Portfolio
PRODUCTION & DEVELOPMENT PORTFOLIO Property Operator Location Stage Metal Terms Wharf Mine Coeur Mining South Dakota, USA Production Au 1.0% NSR Royalty Price participation - 27.5% * (spot - A$1,340), first Higginsville Karora Western Australia Production Au 2.5Koz per quarter, until 34Koz delivered
Slide 23: Exploration Portfolio
EXPLORATION PORTFOLIO Property Operator Location Stage Metal Terms Kirkland-Hudson Kirkland Lake Gold Kirkland Lake, Ontario Exploration Au 2.0% NSR North AK Kirkland Lake Gold Kirkland Lake, Ontario Exploration Au 0.45% NSR Hot Pot / Kelly Creek Nevada Exploration Humbolt, NV Exploration Au 1.5% NS
Slide 24: Notes
NOTES (1) Project data source from Eldorado Gold’s Annual Information Form dated March 30, 2020, Eldorado Gold’s news release filed on December 2, 2020 and technical report prepared by Eldorado Gold for the Tocantinzinho Project dated June 21, 2019 and filed under its SEDAR profile on www.sedar.com.
Metalla Royalty & Streaming — Investor Presentation (May 2021) on 6ix