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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (25887)	2/13/2017 11:35:47 AM
From: Goose94	Read Replies (2) of 202784

Metalla Royalty and Streaming (MTA-Cse) Feb 13, '17 has arranged a private placement of 14 million units at 50 cents per unit for a total gross proceeds of $7-million, of which eight million units will be offered for sale on a best-efforts basis through Eight Capital for gross proceeds of up to $4-million. Each Unit consists of one common share and one-half of one common share purchase warrant. Each full warrant is exercisable to acquire an additional common share at $0.75 per share for a period of two years from the closing date. The warrants are subject to an acceleration clause if the stock trades at or above $1.00 for ten consecutive trading days. All securities issued in connection with the offering are subject to a four-month-and-a-day hold period. Broker fees where applicable are 7% cash commission and 7% broker warrants at $0.75 for 2 years. The equivalent of US$2 million of the proceeds will be used to acquire 15% of the issued shares in Silverback Ltd. as announced on January 18, 2017. Silverback Ltd. owns a silver stream on producing Gold Mine, which produced 81,873 oz Au and 121,682 oz Ag in 2015. The silver stream covers 100% of the silver produced from the operation and according to the Silver Streaming Agreement, silver is purchased at 10% of the spot price and the stream continues through 2026. Metalla also has an "option" granted by Silverback Ltd. to co-invest on a future streaming transaction for up to US$2 million. All future transactions are subject to diligence and financing. "This financing is another important milestone for Metalla allowing it to acquire its first cash flowing asset with direct exposure to silver," stated Brett Heath, President of Metalla. On behalf of the Board of Directors: “Brett Heath” President and Director For more information please contact: Tel: 416-925-0090 Email: info@metallaroyalty.com www.metallaroyalty.com

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