Brief: Metalla Acquires Additional Royalty On St Barbara's Fifteen Mile Stream Project And Completes Drawdown On Beedie Convertible Loan Facility

Metalla Royalty & Streaming

07/08/2019 13:15

Aug 7 (Reuters) - Metalla Royalty & Streaming Ltd  MTA.V :
    * METALLA ACQUIRES ADDITIONAL ROYALTY ON ST BARBARA'S
FIFTEEN MILE
STREAM PROJECT AND COMPLETES DRAWDOWN ON BEEDIE CONVERTIBLE LOAN
FACILITY
    * METALLA ROYALTY & STREAMING LTD -  TO ACQUIRE A 3.0% NSR
ROYALTY
ON ST BARBARA LTD. FIFTEEN MILE STREAM PROJECT FOR $2 MILLION
    * METALLA ROYALTY & STREAMING LTD -  DRAWDOWN OF $7 MILLION
UNDER
$12 MILLION CONVERTIBLE LOAN FACILITY WITH BEEDIE INVESTMENTS
LIMITED
    * METALLA - DRAWDOWN WILL BE USED TO REPAY CERTAIN
SHAREHOLDER
LOANS TOTALING US$2 MILLION, FUNDING FUTURE ROYALTY ACQUISITIONS

Source text for Eikon:  ID:nCNWV9SC0a 
Further company coverage:  MTA.V 

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