METALLA WELCOMES JASON CHO AS PRESIDENT
Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) has appointed Jason Cho as President, effective immediately. CEO Brett Heath praised Cho's 25 years of mining sector expertise, highlighting his capital markets, technical, finance, and strategic skills. Cho's appointment is expected to contribute to Metalla's growth and shareholder value creation.
Jason Cho expressed enthusiasm about joining Metalla, emphasizing the company's goal of becoming a leading royalty company and realizing value from its high-quality asset portfolio. Cho's strong industry relationships and commitment to shareholder value, reinforced by a significant personal equity investment, are seen as key assets for Metalla's future development.
Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) ha nominato Jason Cho Presidente, con effetto immediato. Il CEO Brett Heath ha elogiato i 25 anni di esperienza di Cho nel settore minerario, sottolineando le sue competenze nei mercati finanziari, tecnologie, finanza e strategia. Si prevede che la nomina di Cho contribuirà alla crescita di Metalla e alla creazione di valore per gli azionisti.
Jason Cho ha espresso entusiasmo per l'ingresso in Metalla, enfatizzando l'obiettivo dell'azienda di diventare un leader nel settore delle royalty e di realizzare valore dal suo portafoglio di asset di alta qualità. Le solide relazioni nel settore di Cho e il suo impegno verso il valore per gli azionisti, supportati da un significativo investimento personale in equity, sono considerati asset fondamentali per lo sviluppo futuro di Metalla.
Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) ha nombrado a Jason Cho como Presidente, con efecto inmediato. El CEO Brett Heath elogió los 25 años de experiencia de Cho en el sector minero, destacando sus habilidades en mercados de capitales, técnica, finanzas y estrategia. Se espera que el nombramiento de Cho contribuya al crecimiento de Metalla y a la creación de valor para los accionistas.
Jason Cho expresó su entusiasmo por unirse a Metalla, enfatizando el objetivo de la empresa de convertirse en una compañía líder en royalties y realizar valor a partir de su cartera de activos de alta calidad. Las sólidas relaciones en la industria de Cho y su compromiso con el valor para los accionistas, respaldados por una inversión personal significativa en capital, se consideran activos clave para el desarrollo futuro de Metalla.
메탈라 로열티 & 스트리밍 (NYSE American: MTA) (TSXV: MTA)이 제이슨 초를 사장으로 임명했습니다, 즉시 효력을 발생합니다. CEO 브렛 히스는 초의 25년간의 광업 분야 경험을 칭찬하며 그의 자본 시장, 기술, 재무 및 전략적 능력을 강조했습니다. 초의 임명은 메탈라의 성장과 주주 가치 창출에 기여할 것으로 예상됩니다.
제이슨 초는 메탈라에 합류하게 되어 기쁘다는 의사를 전하며, 회사의 목표가 선도적인 로열티 회사가 되고 고품질 자산 포트폴리오에서 가치를 실현하는 것이라고 강조했습니다. 초의 강력한 산업 관계와 주주 가치에 대한 헌신은 그의 상당한 개인 주식 투자로 강화되어, 메탈라의 미래 발전을 위한 핵심 자산으로 간주되고 있습니다.
Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) a nommé Jason Cho Président, avec effet immédiat. Le PDG Brett Heath a loué les 25 années d'expertise de Cho dans le secteur minier, en soulignant ses compétences en marchés de capitaux, technique, finance et stratégie. La nomination de Cho devrait contribuer à la croissance de Metalla et à la création de valeur pour les actionnaires.
Jason Cho a exprimé son enthousiasme à rejoindre Metalla, en soulignant l'objectif de l'entreprise de devenir un leader dans le domaine des royalties et de réaliser de la valeur à partir de son portefeuille d'actifs de haute qualité. Les solides relations de Cho dans l'industrie et son engagement envers la valeur pour les actionnaires, renforcés par un investissement personnel significatif en capitaux, sont considérés comme des atouts clés pour le développement futur de Metalla.
Metalla Royalty & Streaming (NYSE American: MTA) (TSXV: MTA) hat Jason Cho zum Präsidenten ernannt, mit sofortiger Wirkung. CEO Brett Heath lobte Chos 25 Jahre Erfahrung im Bergbausektor und hob seine Fähigkeiten in den Bereichen Kapitalmärkte, Technik, Finanzen und Strategie hervor. Es wird erwartet, dass Chos Ernennung zum Wachstum von Metalla und zur Schaffung von Wert für die Aktionäre beiträgt.
Jason Cho äußerte seine Begeisterung für den Eintritt bei Metalla und betonte das Ziel des Unternehmens, ein führendes Unternehmen im Bereich der Royalty zu werden und aus seinem hochwertigen Portfolio von Vermögenswerten Wert zu schöpfen. Chos starke Branchenbeziehungen und sein Engagement für den Aktionärswert, unterstützt durch eine bedeutende persönliche Beteiligung, werden als Schlüsselressourcen für die zukünftige Entwicklung von Metalla angesehen.
- Appointment of Jason Cho as President, bringing 25 years of mining sector expertise
- Cho's significant personal equity investment in the company, aligning interests with shareholders
- Addition of strong industry relationships to support Metalla's growth
- None.
Brett Heath, Chief Executive Officer of Metalla, stated, "The Board is pleased to have someone of Jason's caliber joining the team. As a highly respected mining professional with 25 years of sector expertise, Mr. Cho adds meaningful capital markets, technical, finance, and strategic expertise. Throughout his extensive career, he has shown a commitment to shareholder value, and will be aligned through a significant personal equity investment into the Company. Jason's strong industry relationships will be instrumental in continuing Metalla's growth going forward."
Mr. Cho commented, "I am enthusiastic to partner with Brett and the Metalla team at such a pivotal time as the Company advances its path towards building a leading royalty company and more fully realizes value within its existing portfolio of high quality assets."
ABOUT JASON CHO
Mr. Cho is an accomplished mining executive with over 25 years of broad based experience in engineering, corporate finance, portfolio management and corporate development focused on the mining and materials sector. He most recently held the position of Executive Vice President, Strategy & Corporate Development with Eldorado Gold from 2013 to 2023 and led over
JASON CHO PRIVATE PLACEMENT
Concurrent with his appointment as President, the Company is also pleased to announce a C
RESTRICTED SHARE UNIT AND OPTION GRANT
Effective July 23, 2024, Metalla has granted, in accordance with the Company's share compensation plan, an aggregate of 250,000 restricted share units (each "RSU") and an aggregate of 150,000 stock options ("Options") to Mr. Cho. The RSUs will vest in four equal installments annually from the date of grant, and Options vest in two equal installments, twelve and twenty-four months from the date of grant. Each vested RSU will entitle the holder to receive one common share of the Company or the equivalent cash value thereof and each vested Option will entitle the holder to acquire one common share of the Company at an exercise price of C
ABOUT METALLA
Metalla was created to provide shareholders with leveraged precious and strategic metal 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 release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities legislation. 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 include, but are not limited to, the statements of management regarding Mr. Cho's future contributions to the Company; the completion of the Placement; the receipt of the stock exchange approvals for the Placement; the expected use of proceeds from the Placement; the vesting and settlement of the RSUs; the vesting and exercise of the Options; the expectations generally of Metalla regarding the property owners/operators and the authors of relevant technical reports and studies with respect to the mineral projects in which Metalla has an interest, including without limitation, estimates of mineral resources and mineral reserves and updates thereto, production, mine life, NPV, IRR, costs, drilling, development, permitting, water sourcing, commodity mix and prices, and the timing thereof; future opportunities and acquisitions; future exploration, financing, development, production and other anticipated developments on the properties in which the Company has or has agreed to acquire an interest; future growth, increased share value, cash generation and returns; and Metalla having a path to becoming a leading gold and silver royalty company.
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: that the expectations regarding Mr. Cho's future contributions to the Company will not be realized; that the Placement will not be completed; that the stock exchanges will not approve the Placement; that the proceeds from the Placement will be used differently than announced; that the RSUs will not vest or be settled; that the Options will not vest or be exercised; the absence of control over mining operations from which Metalla will purchase precious metals or from which it will receive stream or royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans are refined; problems related to the ability to market precious metals or other metals; industry conditions, including commodity price fluctuations, interest and exchange rate fluctuations; interpretation by government entities of tax laws or the implementation of new tax laws; regulatory, political or economic developments in any of the countries where properties in which Metalla holds a royalty, stream or other interest are located or through which they are held; risks related to the operators of the properties in which Metalla holds a royalty or stream or other interest, including changes in the ownership and control of such operators; risks related to global pandemics, including the current novel coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens; influence of macroeconomic developments; business opportunities that become available to, or are pursued by Metalla; reduced access to debt and equity capital; litigation; title, permit or license disputes related to interests on any of the properties in which Metalla holds a royalty, stream or other interest; the volatility of the stock market; competition; future sales or issuances of debt or equity securities; use of proceeds; dividend policy and future payment of dividends; liquidity; market for securities; enforcement of civil judgments; and risks relating to Metalla potentially being a passive foreign investment company within the meaning of
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SOURCE Metalla Royalty & Streaming Ltd.
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