#Canada #Vancouver #Metalla Royalty #Agnico Eagle #IAMGOLD

Metalla Royalty & Streaming's Record Financial Performance for Q2 2026

Metalla Royalty & Streaming Ltd., trading on both the TSXV as MTA and on NYSE American as MTA, has unveiled its financial and operational results for the second quarter and six months ending June 30, 2026. The company’s remarkable performance has marked a new milestone in its journey, showcasing substantial growth across various financial metrics.

Record Revenue and Earnings

In the second quarter, Metalla reported a remarkable $5.2 million in revenue, which denotes an impressive 94% increase in comparison to the same quarter last year, where the revenue stood at $2.7 million. This growth was accompanied by a net income of $1.2 million, indicating a significant turnaround from a net loss of $1.7 million during the same period in 2025. The adjusted EBITDA also witnessed a tremendous escalation of 159%, reaching $3.9 million compared to $1.5 million in the previous year.

Key Asset Updates

Brett Heath, the CEO of Metalla, highlighted that the surge in revenue is largely attributed to increasing contributions from their producing assets. One significant milestone was the inaugural production from Agnico's Amalgamated Kirkland project, which has further enriched their cash flow and diversified revenue streams.

Additionally, IAMGOLD's recently consolidated mineral resource estimation of 20.3 million ounces underscores the expansive potential of the Côté mine and Gosselin project, presenting valuable growth opportunities for Metalla’s royalty portfolio.

Highlights from the Quarter

During the second quarter of 2026, Metalla achieved numerous accomplishments:

• - 1,173 attributable gold equivalent ounces (GEOs) were accrued at an average realized price of $4,504 per ounce.
• - Metalla began receiving cash flows from the Amalgamated Kirkland royalty during this period, adding to its revenue base.
• - The company also noted the successful processing of 71,000 tonnes of ore, leading to a production of 7,800 ounces of gold from the AK deposit.
• - Additional significant updates include developments at various other assets like Tocantinzinho, Wharf, Aranzazu, and Endeavor, which have all contributed positively to the production and cash flow metrics. For instance, Tocantinzinho reported a production increase of 16%, and Wharf demonstrated an 85% quarter-over-quarter growth.

Metalla's proactive approach in diversifying its asset portfolio through strategic royalty agreements has placed it in a robust position for sustainable growth moving forward. By continuing to focus on high-quality royalties and well-established mining operations, the company aims to maximize its returns to shareholders.

Future Outlook

As 2026 progresses, Metalla anticipates receiving payments on a range of 3,500 to 4,500 attributable GEOs, with the latter part of the year expected to draw greater production due to the anticipated ramp-up at key locations. The optimism surrounding the company is supported by estimated incremental contributions from emerging assets as they edge closer to full operational capacity. Brett Heath expressed his confidence in Metalla's competitive positioning in the market and reaffirmed the company's commitment to delivering significant long-term value to its shareholders.

Overall, the reported results prove Metalla Royalty & Streaming's strategy is on the right trajectory, reinforcing its status as an emerging leader in the precious metals sector, poised for continued success in the years ahead.