Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) has made significant announcements. Effective immediately, Chris Beer has been appointed to the board of directors as an independent director, subject to regulatory approval. Mr. Beer brings an impressive 35 years of experience in mining finance and exploration.Mr. Beer's Background and Qualifications
For the past 24 years, Chris Beer served as Managing Director and Senior Portfolio Manager at RBC Global Asset Management. During this time, he led award-winning global portfolios in precious metals, natural resources, energy, and clean energy. His career began as an exploration geologist with Noranda Exploration, and he later spent seven years as a mining analyst at leading Canadian banks. He holds the CFA designation, an MBA from the University of Toronto's Rotman School of Management, and a Bachelor of Science in Geology from Memorial University of Newfoundland.
Brett Heath, CEO of Metalla, expressed his excitement about Chris Beer's appointment. "We are thrilled to welcome Chris to our Board of Directors. His extensive experience in the mineral resources sector, including nearly two and a half decades at RBC Global Asset Management, parallels our approach and strategy and strengthens our board's depth and breadth of experience. We look forward to benefiting from his leadership and unique perspective as we work together to create long-term value for our shareholders and broader stakeholders."
Chris Beer also commented on his appointment. "I am honored to join the Board of Metalla as the company continues to advance its path toward building a leading royalty and streaming company. Metalla's industry-leading production growth, robust asset portfolio, and successful track record of value accretive transactions have solidified its position as an emerging leader in the royalty space. I look forward to working with Metalla's experienced team to drive sustainable growth and maximize value for all stakeholders."
Concurrent Share and RSU Grants
Concurrent with his appointment as a director, the company is pleased to announce that Chris Beer has agreed to purchase 40,000 shares of Metalla in the market. Effective December 9, 2024, Metalla has granted an aggregate of 40,000 restricted share units (RSUs) to Mr. Beer. The RSUs will vest in two equal installments annually from the date of grant. Each vested RSU will entitle the holder to receive one common share of the company upon vesting.
About Metalla
Metalla is a precious and base metals royalty and streaming company focused on gold, silver, and copper royalties and streams. It provides shareholders with leveraged metal exposure through a diversified and growing portfolio of royalties and streams. With a strong foundation of current and future cash-generating assets and an experienced team, Metalla is on a path to become one of the leading gold, silver, and copper companies in the next commodities cycle. For more information, visit www.metallaroyalty.com.
It's important to note that while Metalla has made these announcements, it is subject to various risks and uncertainties. These include commodity price fluctuations, risks related to mining operations, exchange rate fluctuations, and many other factors. The company has disclosed these risks in detail in its 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 and the U.S. Securities and Exchange Commission on the EDGAR website.
Despite these risks, Metalla remains committed to creating value for its shareholders and stakeholders. With the appointment of Chris Beer and the concurrent share and RSU grants, the company is well-positioned to continue its growth and success in the royalty and streaming space.