About Metalla Royalty & Streaming

Metalla Royalty & Streaming Ltd. operates as a precious metals royalty and streaming company. The company’s portfolio provides exposure to established counterparties, including Agnico Eagle Mines Limited (Agnico Eagle), Pan American, Sandfire, SSR Mining Inc. (SSR Mining), St. Barbara Limited, Newmont Corporation (Newmont Mining), Teck Resources Limited (Teck), Barrick Gold Corporation (Barrick Gold), Kirkland Lake Gold, Oz Minerals Limited, Eldorado Gold, IAMGOLD Corporation (IAMGOLD), First Majestic Silver Corp. (First Majestic) and many more. The principal products of the company are precious metals that it has agreed to purchase pursuant to Stream agreements that it has entered into with mining companies; and Royalty payments pursuant to Royalty agreements acquired by the company or entered into with mining companies. The company is focused on precious metal streams and royalties for gold and silver. The company's sole material asset is its Royalty interest in the CÔte Property. Material Asset As of December 31, 2022, the company's Royalty on the CÔte Property was its sole material asset. The company's NSR Royalty covers the Zone 4 and Zone 6 portions of the royalty zones set forth in the CÔte Technical Report, which together cover the northern portion of the CÔte reserve pit for a total coverage of less than 10% of the CÔte reserve & resource estimate and covers all of the Gosselin resource estimate. CÔte Gold Project, Ontario Canada The company holds a 1.35% NSR interest on the CÔte Property (the CÔte Property Royalty). The Project is located in the Porcupine Mining Division, 20 km southwest of Gogama, Ontario and extends approximately 73 km from Esther Township in the west to Londonderry Township in the east. The Project comprises a group of properties assembled through staking and option agreements covering a total area of approximately 596 km2. The Project mining leases area forms a portion of the overall claim area. The Chester property is located in the central portion of the mining leases area, which hosts the CÔte and Gosselin deposits, as well as the Chester 1 zone and several other gold occurrences. IAMGOLD holds a significant land package which adequately covers the CÔte Gold Project and area outside the CÔte Gold Project mining leases. Overall, the CÔte Gold Project's property package consists of 2,976 tenures covering a surface area of approximately 59,591 ha (or 595.91 km2). The CÔte and Gosselin deposits are located in the Swayze greenstone belt in the southwestern extension of the Abitibi greenstone belt of the Superior Province. The Abitibi Subprovince comprises Late Archean metavolcanic rocks, related synvolcanic intrusions, and clastic metasedimentary rocks, intruded by Archean alkaline intrusions and Paleoproterozoic diabase dykes. The CÔte and Gosselin deposits are situated within the Chester Township area, which overlies a narrow greenstone belt assemblage that extends easterly from the southeast corner of the Swayze greenstone belt to the Shining Tree area, approximately 60 km to the east. The CÔte and Gosselin deposits are located with 1.5 km of each other and are both hosted by the Chester Intrusive Complex (CIC). The Project area is divided into three sectors for exploration purposes: South Swayze West (western area), Chester (central area), and South Swayze East (eastern area). South Swayze West: CÔte-style tonalite and diorite hosted breccia zones have not been discovered to date. Exploration for syenite intrusion or shear zone hosted gold zones continues. The presence of Timiskaming-style basin sediments cut by porphyry intrusions and broad structural deformation zones provide a good environment for gold bearing vein networks. Chester Area: West of the CÔte deposit, the discovery of gold mineralization in the HDZ (with associate breccia) reveals some similar host rocks and alteration styles to the CÔte deposit. Southwest of the CÔte deposit, gold bearing breccia outcrops and sheeted sulphide veins have been mapped along the shoreline of Clam Lake in 2019 and 2020 and this area is considered highly prospective for the occurrence of gold mineralization. Northeast of the Gosselin deposit, gold mineralization occurs in narrow shear zones hosted in diorite and tonalite in the Jack Rabbit area, which also remains prospective for economic gold accumulations. South Swayze East: Gold mineralization discovered and investigated to date reveals only narrow and discontinuous shear zone hosted veins. The lack of CÔte-style mineralization makes this area less favorable for the discovery of a bulk-tonnage gold zone. Core drilling of the CÔte deposit commenced in 2009 and has included various phases of exploration, infill, metallurgical and condemnation drilling. 327,433 metres have been completed within the CÔte Gold Project deposit area. Outside the CÔte Gold Project deposit area and the Gosselin deposit area, regional diamond drilling in the period 2009-2021 consisted of 155,769 metres. Foreign Operations The company purchases or expects to purchase precious or other metals or receives or expects to receive payments under Royalties from mines or operations in Australia, Argentina, Mexico, Canada, Tanzania, Ecuador, Peru, Chile, Brazil and the United States. Acquisitions On October 4, 2022, the company acquired a 1.0% net smelter return (NSR) royalty on the Lac Pelletier Project, located in Rouyn-Noranda, Quebec, owned by Maritime Resources Corp. On December 21, 2022, the company completed an acquisition of eight royalties on exploration, development and mining properties in Mexico from First Majestic Silver Corp. On February 23, 2023, the company acquired one silver stream and three royalties from Alamos Gold Inc. Esperanza: 20% silver Stream over the Esperanza project owned by Zacatecas Corp. located in Mexico; Fenn Gibb South: 1.4% NSR Royalty on the Fenn Gibb South project owned by Mayfair located in Ontario, Canada; Ronda: 2.0% NSR Royalty on the Ronda project owned by Platinex Inc. located in Ontario, Canada; and Northshore West: 2.0% NSR Royalty on the Northshore West property owned by New Path Resources Inc. located in Ontario, Canada. On March 9, 2023, the company completed the acquisition of one half of an existing 5% to 7.5% step scale gross gold proceeds royalty (constituting a 2.5% to 3.75% step scale gross gold proceeds royalty payable to the company) that is payable on gold bullion and unrefined gold, and one half of an existing 0.5% to 6% sliding scale NSR royalty (constituting a 0.25% to 3.0% sliding scale NSR royalty payable to the company) on copper and all other minerals (other than silver and gold), extracted from the Lama project owned and operated by a wholly-owned subsidiary of Barrick Gold. History The company was incorporated in 1983 as Cactus West Explorations, Ltd. and changed its name to Cimarron Minerals Ltd. in 1996. Further, it changed its name to DiscFactories Corporation in 2000; to Excalibur Resources Ltd. in 2007; and to Metalla Royalty & Streaming Ltd. in 2016.