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In this company update, we welcome back Brett Heath, CEO of Metalla Royalty & Streaming (TSX.V:MTA & NYSE:MTA), for a comprehensive discussion on the company’s growth trajectory, asset updates, and strategic financing moves.

Key Highlights:
  • Revenue growth accelerating: Metalla expects ~$12M USD in 2025 revenue (~4,000 GEOs), with a path toward $50–75M annually by decade’s end - without new acquisitions.
  • New producing assets:
    • Toktenzino and La Guitarra came online on time and on budget in late 2024.
    • Endeavor Mine (Australia) began commercial production; expected to be Metalla’s largest cash-flowing asset by 2026.
  • Flagship growth catalyst: The Côté-Gosselin royalty, validated by Franco-Nevada’s $1B+ acquisition, could become a tier-one cornerstone asset for Metalla.
  • Long-term upside: Development-stage assets like Copper World, Wharf, and Amalgamated Kirkland add multi-decade exposure and potential cash flow.
  • Capital to scale: A new $75M USD credit facility (announced June 25) allows Metalla to pursue larger, accretive, non-dilutive acquisitions.

Brett also emphasizes what sets Metalla apart from other royalty companies:

  • Clean, high-quality portfolio with long-life assets
  • Top-tier counterparties (majors and mid-tiers)
  • Multi-decade reserve life across key royalties

Metalla’s 2025 Asset Handbook is now available on their website. Click here to visit the Metalla website.

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