METALLA ANNOUNCES VOTING RESULTS FROM ANNUAL GENERAL MEETING AND INVESTMENT FROM SANDEEP SINGH
Rhea-AI Summary
Metalla (NYSE American: MTA; TSXV: MTA) reported results from its June 23, 2026 annual general meeting, where all board-recommended director nominees and resolutions passed. Shareholders also approved KPMG LLP as auditor and the share compensation plan.
New director Sandeep Singh bought 150,000 shares (~C$1.1 million). Metalla granted him 150,000 RSUs vesting in three equal annual installments, each RSU convertible into one common share on vesting.
Positive
- All director nominees received at least 95.77% of votes cast
- Shareholders approved KPMG LLP as auditor and the share compensation plan
- Sandeep Singh invested ~C$1.1 million to buy 150,000 Metalla shares
- 150,000 RSUs to Sandeep Singh vest over three years, encouraging long-term alignment
Negative
- 150,000 RSUs may add up to 150,000 new shares upon vesting
News Market Reaction – MTA
In the Jun 24 session, MTA declined 5.86%, reflecting a notable negative market reaction. Argus tracked a trough of -3.3% from its starting point during tracking. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 15 | Board nomination | Positive | -8.5% | Nomination of experienced mining executive Sandeep Singh to Metalla’s board. |
| May 14 | Q1 2026 earnings | Positive | -8.5% | Strong Q1 revenue growth, return to net income and higher Adjusted EBITDA. |
| Mar 26 | 2025 results | Positive | -7.0% | Record 2025 revenue and EBITDA with higher attributable GEO deliveries. |
| Feb 11 | Preliminary 2025 update | Positive | -8.2% | Preliminary record 2025 revenues and GEOs plus portfolio and corporate updates. |
| Dec 23 | Shareholder reorganization | Neutral | -1.9% | Internal transfer of a major holder’s Metalla shares with unchanged total stake. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news and earnings releases have often been followed by negative price reactions despite generally positive operational and governance updates.
Key Terms
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AI-generated analysis. How Rhea-AI works. Not financial advice.
Detailed results of the vote for the Board are shown below:
NOMINEE | NUMBER OF SHARES | PERCENTAGE OF VOTES | ||
FOR | WITHHELD | FOR | WITHHELD | |
Brett Heath | 38,855,956 | 318,842 | 99.19 % | 0.81 % |
Lawrence Roulston | 37,519,515 | 1,655,283 | 95.77 % | 4.23 % |
Alexander Molyneux | 38,860,227 | 314,571 | 99.20 % | 0.80 % |
James Beeby | 38,712,548 | 462,250 | 98.82 % | 1.18 % |
Amanda Johnston | 38,805,109 | 369,689 | 99.06 % | 0.94 % |
Christopher Beer | 38,357,790 | 817,008 | 97.91 % | 2.09 % |
Sandeep Singh | 38,891,993 | 282,805 | 99.28 % | 0.72 % |
The appointment of KPMG LLP as the auditor of the Company and approval of the Company's share compensation plan was also approved by shareholders at the Meeting.
SANDEEP SINGH INVESTMENT AND RESTRICTED SHARE UNIT AWARD
Concurrent with his election as a non-executive Director at the Meeting, the Company is also pleased to announce Sandeep Singh has purchased 150,000 common shares of Metalla in the market, representing an investment of approximately
ABOUT METALLA
Metalla provides shareholders with leveraged gold, silver, and copper exposure by acquiring royalties and streams. Our goal is to increase share value by accumulating a diversified portfolio of royalties and streams with attractive returns. Our 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 royalty companies.
For further information, please visit our website at www.metallaroyalty.com.
ON BEHALF OF METALLA ROYALTY & STREAMING LTD.
(signed) "Brett Heath"
Chief Executive Officer
Website: www.metallaroyalty.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accept responsibility for the adequacy or accuracy of this alert.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law.
Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information include, but are not limited to, the potential for Metalla to become one of the leading precious metal royalty and streaming companies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Metalla to control or predict, that may cause Metalla's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the impact of general business and economic conditions and other related risks and uncertainties including other risks and uncertainties disclosed under the heading "Risk Factors" in the Company's most recent annual information form, annual report on Form 40-F and other documents filed with or submitted to the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com and the U.S. Securities and Exchange Commission on the EDGAR website at www.sec.gov. Metalla undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements.
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SOURCE Metalla Royalty & Streaming Ltd.