Metalla Royalty & Streaming Reports Portfolio Updates and Beedie Capital's Equity Stake Enhancement

Metalla Royalty & Streaming Ltd. Portfolio Updates



Metalla Royalty & Streaming Ltd. (NYSE American: MTA, TSXV: MTA) recently released significant updates on its royalty portfolio, reflecting its strategic growth and continuing development in the mining sector. Notably, Beedie Capital has opted to increase its equity stake in Metalla to approximately 10.3% through the conversion of certain accrued interest into common shares.

Recent Developments


1. Tocantinzinho Project (0.75% GVR): In the final quarter of 2024, G Mining Venture Corp. announced the production of 40,000 ounces of gold, leading to a total of 64,000 ounces for the year. The facility reached 100% of its design capacity, marking a successful ramp-up.

2. Copper World Project (0.315% NSR): Hudbay Minerals has received a pivotal air quality permit, marking a significant step toward the project's development and operation. The definitive feasibility study is set for completion in the first half of 2026.

3. Côte / Gosselin Project (1.35% NSR): IAMGOLD Corporation plans to invest around $18.6 million in explorations in 2025, focusing on advancing resource conversions and testing new areas for mineralization.

4. La Guitarra Project (2.0% NSR): Effective January 1, 2025, Sierra Madre Gold Silver Ltd. reported full commercial production at La Guitarra, achieving a stable operational capacity.

5. Tower Mountain Project (2.0% NSR): Thunder Gold Corp. announced promising drill results, highlighting significant intersections of gold, supporting the project's potential.

6. Amalgamated Kirkland Project (0.45% NSR): Processing schedules for ores from this project near Kirkland Lake have been shifted to late 2025.

Beedie Capital's Equity Ownership


Beedie Capital's strategic decision to convert C$1.5 million of accrued interest into 412,088 common shares strengthens its investment in Metalla. This move solidifies their commitment while providing Metalla with enhanced liquidity. This conversion is subject to acceptance by the TSX Venture Exchange and positions Beedie as a significant stakeholder in Metalla’s evolving business landscape. With this transaction, Beedie will officially hold about 10.3% of Metalla’s outstanding shares.

Metalla’s plans also include a forthcoming payment of approximately C$2.0 million intended to settle accrued fees and interest, clearing its financial commitments under the current convertible loan agreement. The principal balance will still be convertible at C$6.00 under existing terms.

Conclusion


As Metalla navigates through 2025, the integration of these updates into its growth strategy clearly showcases the company's strong position in the gold and precious metals sector. The management remains optimistic, aiming for extensive development while fostering shareholder value through increased strategic partnerships and operational excellence.

For more information about Metalla Royalty and Streaming Ltd., visit metallaroyalty.com.

Topics Financial Services & Investing)

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