MATERIAL CHANGE REPORT
51-102F3
Item 1 Name and Address of Company
Metalla Royalty & Streaming Ltd. (the "Company" or "Metalla")
Suite 501, 543 Granville Street
Vancouver, British Columbia V6C 1X8
Item 2 Date of Material Change
September 13, 2021
Item 3 News Release
A news release dated September 13, 2021 was disseminated and filed on SEDAR with applicable securities commissions.
Item 4 Summary of Material Change
On September 13, 2021, the Company announced that it has entered into a Royalty Purchase Agreement to acquire an existing 5% net smelter return royalty from an arm's length seller on the South Domes portion of the Castle Mountain Gold mine owned by Equinox Gold Corp. for a total consideration of $15 million in cash.
Item 5 Full Description of Material Change
5.1 Full Description of Material Change
On September 13, 2021, the Company announced that it has entered into a Royalty Purchase Agreement to acquire an existing 5% net smelter return royalty from an arm's length seller on the South Domes portion of the Castle Mountain Gold mine owned by Equinox Gold Corp. (NYSE: EQX; TSX: EQX) for a total consideration of $15 million in cash.
The consideration paid by the Company in the transaction will be comprised of an initial upfront payment of $10 million in cash at closing, with the remaining $5 million to be paid within twenty months from the closing date bearing interest at a rate of 4% per annum from the closing date. Closing of the transaction is subject to customary closing conditions.
5.2 Disclosure for Restructuring Transactions
Not applicable
Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102
Not applicable
Item 7 Omitted Information
Not applicable
Item 8 Executive Officer
Brett Heath, President & CEO
Phone: 604-696-0741
Email: info@metallaroyalty.com
Item 9 Date of Report
September 15, 2021