Metalla Royalty & Streaming (MTA) Registration Filing summary

Company overview and business model

• Operates as a precious metals royalty and streaming company, listed on TSXV, NYSE American, and Frankfurt Exchange.

• Focuses on acquiring and managing royalties and streams on gold, silver, and copper projects globally.

• Aims for scalable, high-margin, diversified cash flow with limited operational risk and exposure to commodity price optionality.

• Recent acquisition of Nova Royalty Corp. expanded its portfolio and geographic reach.

Financial performance and metrics

• Financial statements prepared under IFRS and reported in USD; may not be directly comparable to US GAAP statements.

• Negative cash flow from operating activities in 2023 and Q1 2024; expects continued negative cash flow until underlying projects generate more revenue.

• Raised $4.6 million in each of 2022 and 2023 via at-the-market offerings and $15 million in a private placement in October 2023.

• No material changes to consolidated share or loan capital since March 31, 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales intended for future purchase of streams and royalties and for working capital.

• Proceeds may also be used to fund negative cash flow from operations if necessary.

• No proceeds from secondary sales by selling securityholders will go to the company.