Metalla Royalty Stock Price, News & Analysis

Beedie Investments Ltd. announces that Metalla Royalty & Streaming Ltd. (MTA) has fully repaid its convertible loan facility, including a principal balance of C$16.4 million plus C$0.7 million in accrued interest and standby fees. Following the repayment, Beedie's ownership in Metalla has decreased from a potential 12.89% (on a partially diluted basis) to 10.32% of outstanding shares, now holding 9,546,575 Common Shares.

Beedie maintains its investment position in Metalla and may consider future actions including additional share purchases, participation in corporate transactions, or maintaining current holdings based on market conditions.

Metalla Royalty & Streaming (NYSE American: MTA) has secured a new $40 million revolving credit facility with Bank of Montreal and National Bank Financial, featuring an accordion option to increase to $75 million. The facility includes a 3-year initial term with annual extension options.

The company has simultaneously retired its existing C$50.0 million convertible loan facility with Beedie Investments, drawing $13.1 million from the new facility to settle all outstanding obligations. The new facility offers more favorable terms, including interest rates of SOFR plus 2.50% to 3.50% for Term Benchmark Advances, and requires the company to meet specific financial covenants.

Metalla Royalty & Streaming (NYSE:MTA) held its annual general meeting on June 24, 2025, with 55.22% of the company's issued and outstanding shares represented. Shareholders overwhelmingly approved all proposed matters, including the election of directors, appointment of auditors, and the share compensation plan.

Notable voting results include 98.02% approval for CEO Brett Heath, 99.02% support for the appointment of auditors, and 96.95% approval for the share compensation plan. The meeting saw strong shareholder participation with over 51 million shares represented.

Metalla Royalty & Streaming reports significant developments in its royalty portfolio. Franco-Nevada has acquired a Côté & Gosselin gross margin royalty for $1.05 billion, where Metalla holds a 1.35% NSR royalty on the Gosselin deposit and northern Côté mine. The acquisition signals strong confidence in the project's potential, with plans to expand milling capacity from 13 Mtpa to 20 Mtpa. At the Endeavor Mine (4.0% NSR royalty), commissioning is progressing on schedule with first cash flow expected in June 2025, targeting 65 kt monthly processing rate. At the Joaquin project (2.0% NSR royalty), drilling has confirmed significant extensions to La Negra deposit, with notable silver equivalent intercepts including 23 meters at 268 g/t AgEq.

Metalla Royalty & Streaming reported its Q1 2025 financial results and asset updates. The company received 628 Gold Equivalent Ounces (GEOs) at an average price of $2,855 and cost of $11 per GEO. Revenue was $1.7M with a net loss of $0.7M and Adjusted EBITDA of $0.9M. Key portfolio updates include: Tocantinzinho produced 36 Koz gold in Q1; Wharf produced 20.5 Koz gold; Aranzazu confirmed a 10-year mine life; La Guitarra began mining at the higher-grade Coloso mine; and significant exploration programs are underway at multiple sites. The company's operating cash margin was $2,844 per attributable GEO from various royalty interests. Beedie Capital converted C$1.5M of accrued interest to shares at C$3.64 per share, increasing their ownership to 10.3%.

Metalla Royalty & Streaming (NYSE: MTA) reported its financial results for fiscal year 2024, receiving 2,481 Gold Equivalent Ounces (GEOs) at an average realized price of $2,411 and cash cost of $19 per GEO. The company generated revenue of $5.9 million, with a net loss of $5.5 million and Adjusted EBITDA of $1.4 million.

Key operational highlights include:

• Commercial production achieved at Tocantinzinho
• First shipments of silver and gold concentrates from La Guitarra
• Operating cash margin of $2,401 per attributable GEO

For 2025, Metalla expects to receive 3,500 to 4,500 attributable GEOs, with primary cash flows expected from Tocantinzinho, Wharf, Endeavor, Aranzazu, La Encantada, and La Guitarra. The company anticipates several growth catalysts, including Endeavor's expected first production in Q2 2025 and Amalgamated Kirkland's scheduled production start in Q4.

Metalla Royalty & Streaming (NYSE American: MTA) announced several financial updates on February 21, 2025. Beedie Capital converted C$1.5 million of accrued interest into 412,088 shares at C$3.64 per share, increasing their ownership to approximately 10.3% of outstanding shares. The company also made a C$2.0 million payment to Beedie, clearing all unpaid fees and interest under the Loan Facility.

As of January 31, 2025, Metalla had C$16.4 million outstanding under the Loan Facility with a C$6.00 per share conversion price, and C$30.9 million available for future advances. Additionally, the company completed its 2024 annual equity grant, issuing 525,788 restricted share units (RSUs) and 955,000 stock options at C$4.41 per share, vesting over two years.

Metalla Royalty & Streaming (NYSE American: MTA) reported significant developments across its royalty portfolio. At the Wharf Mine, where Metalla holds a 1.0% GVR royalty, Proven and Probable Reserves reached 757 Koz at 0.81 g/t gold, with substantial increases in resources. The Endeavor project (4.0% NSR) secured A$35 million in equity capital raising, targeting first production in Q2 2025.

At Wasamac (1.5% NSR), Agnico reported initial Proven and Probable Mineral Reserves of 1.38 Moz at 2.9 g/t gold, with planned investment of $2.3 million for drilling in 2025. The Amalgamated Kirkland project (0.45% NSR) is expected to produce 10 Koz gold in 2025, increasing to 50-60 Koz in 2026 and 2027. Taca Taca (0.42% NSR) met key ESIA milestones in Q4 2024.

Metalla Royalty & Streaming (NYSE: MTA) reported several key developments across its royalty portfolio. G Mining's Tocantinzinho project achieved Q4 2024 production of 40 Koz gold, with total 2024 production of 64 Koz. Hudbay's Copper World project received its final major permit, with completion of feasibility study expected in H1 2026. IAMGOLD announced $18.6M exploration budget for Côté/Gosselin in 2025. Sierra Madre's La Guitarra achieved commercial production effective January 1, 2025.

Thunder Gold reported positive drill results at Tower Mountain, including intercepts of 1.93 g/t gold over 54.2 meters. Additionally, Beedie Capital will increase its equity position by converting C$1.5M of accrued interest into 412,088 common shares at C$3.64 per share, bringing their ownership to 10.3%. Metalla plans to make a C$2.0M payment to clear outstanding accrued fees and interest.