VANCOUVER (BC), Feb. 14, 2022 /CNW/ – Metalla Royalty & Streaming Ltd. (“Metalla“Company“) (NYSE American MTA; TSXV MTA), is pleased to announce the appointment of its board (“Board“) has established a new committee, The Environmental, Social, and Governance Committee (the )ESG Committee“, to oversee the Company’s environmental, social, and governance policies (“ESG“) practices.
The Company’s commitment to ESG principles is formalized by the ESG Committee. It monitors and evaluates streaming and royalty interests and other corporate practices. The ESG Committee’s mandate is to implement the Company’s ESG policy, and to monitor and evaluate the ESG performance and potential acquisitions of companies that operate properties in which the Company has a streaming or royalty interest.
Brett HeathCEO of Metalla, said: “The establishment the ESG committee reflects Metalla’s dedication to corporate responsibility, and ESG principle. Metalla carefully considers ESG factors in its investment decisions. The ESG Committee will support management in evaluating the projects in the Metalla’s royalty and streaming interests.
Lawrence RoulstonChairman: “Everyone in the Metalla Organization lives and functions according the highest standards of corporate accountability in all aspects.” This new level in oversight of our existing corporate governance policies reinforces our commitment towards ‘doing right’ throughout the company.
The ESG Committee will consist of Mr. Lawrence Roulston, Mr. Douglas SilverMr. Terry Krepiakevich. The creation of the ESG Committee will raise ESG considerations to regular Board agendas and give additional focus to formulation, evaluation and implementation of Company’s ESG policies.
The Company also announced that it granted 47,554 restricted shares units to certain directors and officers as part of its share compensation plan to acknowledge their efforts and contributions in the 2021 calendar year. The restricted share unit holders are entitled to 47.554 common shares. Half of these units will vest 12 months following grant date, while the remainder will vest 24 months after grant date. However, earlier vesting may be possible if certain performance criteria are met.
METALLA
Metalla was established to provide shareholders with leveraged precious-metal exposure through the acquisition of royalties and streams. Our goal is to increase shareholder value by accumulating attractive streams and royalties. Metalla’s strong cash-generating assets base and experienced team give it the opportunity to be one the most prominent gold and silver companies for next commodity cycles.
For more information, please visit our site at www.metallaroyalty.com.
METALLA ROYALTY AND STREAMING LTD.
(signed) “Brett Heath”
Neither the TSXV, nor its Regulation Services Provider (as this term is defined by the Exchange policies), accept responsibility for the accuracy or adequacy in this release.
CAUTIONARY NOTE REGARDING FORWARDLOOKING STATEMENTS
Forward-looking statements can often be identified using words like “plans”, exempts”, or “is”. Expected“, “Budgets“, “scheduled“, “Estimates“, “Forecasts“, “predicts“, “Projects“, “Intents“, “Targets“, “Objectives“, “anticipates“ Or ““believes” or any variations (including negative ones) of such words, phrases, or may be identified using statements to the Take certain actions “may“, “could“, “Should“, “Would“, “might“Or “Will“be taken, occur, or achieved. Forward-These statements and information are referred to as looking statements. They include statements about the future vesting dates and the potential for the Company to be a major gold and silver company. Forward-looking statements, information and information are based upon forecasts of future results and estimates of amounts yet to be determined. Management may believe that certain assumptions and determinables are reasonable, but they are still subject to significant change. Business, economic and competitive uncertainties and contingencies. Forward-looking statements and information may include forward-looking statements. There are numerous unknown risks and uncertainties, some of which are beyond the control of Metalla. It is possible that Metalla’s actual results or performance, or achievements, may be materially different than the ones stated. These are not implied or stated therein. They are based upon assumptions about such risks, uncertainties, as well as other factors, Not limited to: The risk that the parties might not be able to meet the closing conditions for contemplated transactions or that they may not be completed. Risks associated with the impact on general business and Economic conditions; lack of control over mining operations, from which Metalla purchases precious metals or It will be paid stream or royalty payments. There are risks associated with these mining operations, including those related to International operations, government regulation, delays in mining development, construction and other issues. operations, actual results of current mining and exploration activities, conclusions from economic evaluations and changes As plans are refined, project parameters; problems related the ability to market precious or other metals; industry Conditions, including commodity price fluctuations, interest rate fluctuations and currency fluctuations; interpretation by the government entities of tax law or the implementation of tax laws; regulatory or political developments in any of these Metalla holds properties in countries that are either located in these countries or through them Holdings; Risks relating to the operators of properties in the Metalla owns a stream, royalty or other interest Changes in the ownership and control these operators; Risks related to global pandemics (including the novel coronavirus) (COVID-19), global health pandemic and spread of other viruses and pathogens; influence macroeconomic Metalla is pursuing business opportunities and developments. Equity capital; litigation; title and permit disputes related to any interest on any property in which Metalla has a vested interest The royalty, stream or any other interest; volatility of the stock exchange; competition; future sales and issuances of equity or debt Securities; use and enforcement of laws; dividend policy; future payment of dividends; liquidity. Civil judgments and risks relating Metalla potentially being a passive foreign investor company within the meaning U.S. federal tax laws and other risks and uncertainties described under the heading “Risk Factors”, in the Company’s most recent annual report Recent annual information form, annual reports on Form 40-F, and other documents submitted to or filed with the Canadian Securities regulatory authorities are available on the SEDAR site at www.sedar.comand the U.S. Securities and Exchange Commission Visit the EDGAR website www.sec.gov. Metalla undertakes no obligation to update forward-looking information except as The law requires it. Forward-looking information represents management’s best judgment based upon information. Not available at this time. Forward-looking statements cannot be guaranteed and actual future results could differ materially. Forward-looking statements and information should not be relied upon by readers.
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SOURCE Metalla Queenty and Streaming Ltd.
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