CEO buying at Metalla Royalty & Streaming (MTA)

CEO buying at Metalla Royalty & Streaming (V:MTA)

Updated Thursday Apr 20, 2017 01:42 AM EDT
Timothy David Gallagher, CEO and Director, acquired 1,000,000 Common Shares on a control or direction basis for registered holder Inflection Capital Inc. at a price of $0.530 through a prospectus or prospectus exempt offering on April 19th, 2017. This represents a $530,000 investment into the company's shares and an account share holdings change of greater than 100%.

Metalla Royalty & Streami is in the Gold Sub Industry Group under the Basic Materials Sector.

Metalla Royalty and Streaming Ltd, formerly Excalibur Resources Ltd, is a Canada-based precious metals royalty and streaming company. It is engaged in the acquisition and management of precious metal royalties, streams and similar production-based interests. It is focused on precious metals, such as gold and silver. Its streaming process involves making an initial payment to the mining company for the right to purchase the metal. Then, it includes making an additional fixed payment per ounce of gold/silver delivered, typically for the life of the mine. It holds royalties interests in Hoyle Pond Extension Royalties, which is located in Hoyle township, Canada; West Timmins mine, which lies on the extension of the Timmins Deposit, Canada; DeSantis Project, located approximately 10 kilometers east of Lake Shore Gold Corp.'s Timmins Mine, Canada, and Mirado gold project, which is located approximately 30 kilometers southeast of the gold mining Town of Kirkland Lake, Ontario, Canada.


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