Mr. Brett Heath reports
METALLA REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2018
Metalla Royalty and Streaming Ltd. has released its financial results for the second quarter of 2018. For complete details of the financial statements and accompanying management's discussion and analysis for the six months ended Nov. 30, 2017, please see the company's filings on SEDAR or the company's website.
Second quarter financial highlights
During the three months ended Nov. 30, 2017, the company:
Shipped and provisionally invoiced 158,865 attributable silver ounces at an average price of $17.12 (U.S.) (1) per oz;Generated cash margin of $9.80 (U.S.) (1) per attributable silver oz from the Endeavor silver stream and New Luika gold mine (NLGM) stream held by Silverback Ltd.;Held 16,909 attributable silver ounces as inventory on the reporting date to be realized in the subsequent quarter.
Qualified person
The technical information contained in this news release has been reviewed and approved by Charles Beaudry, geologist, MSc, member of the Association of Professional Geoscientists of Ontario and the Ordre des Geologues du Quebec, anda director of Metalla. Mr. Beaudry is a qualified person as defined in National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
About Metalla Royalty and Streaming Ltd.
Metalla is a precious metal royalty and streaming company. Metalla provides shareholders with leveraged precious metal exposure through a diversified portfolio of royalties and streams. The company's strong foundation of current and future cash-generating asset base, combined with an experienced team, gives Metalla a path to become one of the leading gold and silver companies for the next commodity cycle.
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