Metalla Reports Financial Results for Three Months Ended March 31, 2021 and Provides Asset Updates (All dollar amounts are in United States dollars unless otherwise indicated) TSXV: MTA NYSE American: MTA VANCOUVER, BC , May 14, 2021 |CNW| - Metalla Royalty Streaming Ltd. (" Metalla " or the " Company ") (TSXV: MTA ) (NYSE: MTA ) announces its operating and financial results for the three months ended March 31, 2021 . For complete details of the condensed interim consolidated financial statements and accompanying management's discussion and analysis for the three months ended March 31, 2021 , please see the Company's filings on SEDAR ( www.sedar.com ) or on EDGAR ( www.sec.gov ). Shareholders are encouraged to visit the Company's website at http:||www.metallaroyalty.com| . Brett Heath , President, and CEO of Metalla, commented, "The first quarter of 2021 represents another major step in growth for Metalla's royalty portfolio with a record four transactions completed, adding five high-quality development royalties all being advanced by major mining companies. These acquisitions provide for a material boost in Metalla's net asset value and provide additional organic growth as the operators continue to advance these projects towards production." FINANCIAL HIGHLIGHTS During the three months ended March 31, 2021 , and the subsequent period, the Company: increased the number of royalties and streams held to a total of 68 precious metal assets through the following notable transactions: subsequent to March 31, 2021 , acquired an existing 2.5% NSR royalty on Minera Alamos Ltd.'s La Fortuna project (" La Fortuna "), from Argonaut Gold Ltd. for aggregate consideration of $2.25 million in cash, of which $1.25 million was paid upon closing and the remaining $1.0 million is payable six months after closing.