Metalla adds royalties on barrick gold's world class lama complex

Nyse american: mta tsxv:  mta (all dollar amounts are in united states dollars unless otherwise indicated) vancouver, bc , dec. 12, 2022 /prnewswire/ - metalla royalty & streaming ltd. ("metalla" or the "company") (nyse american: mta) (tsxv: mta) is pleased to announce it has entered into a royalty purchase agreement ("rpa") with an arm's length third-party dated december 9, 2022, to acquire an existing 2.5% to 3.75% gross value return ("gvr") royalty on gold and silver, and a 0.25% to 3.0% net smelter return ("nsr" and together with the gvr, the "royalties") royalty on copper and other non-precious minerals, extracted from the majority of the lama project ("lama") owned by barrick gold corp. ("barrick")(nyse: gold; tsx: abx) for total consideration of $7.5 million in common shares and cash (the "transaction").
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