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Metalla Completes Acquisition Of Royalty Portfolio From Alamos Gold

Feb 24, 2023•over 2 years ago

Acquiring Company

Metalla

Acquired Company

ROYALTY PORTFOLIO

Consumer Goods

Description

Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (NYSE American: MTA) (TSXV: MTA) is pleased to announce that, further to its news release dated December 22, 2022, it has closed (the "Closing") the acquisition of a portfolio of one silver stream and three royalties (the "Transaction") from Alamos Gold Inc. (NYSE: AGI) (TSX: AGI) for 939,355 of common shares of Metalla at a price of US$5.3228 per share (representing the 20-day VWAP on the NYSE American at signing).

Company Information

Company

Metalla

About

Metalla was created for the purpose of providing shareholders with leveraged precious 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 gold and silver companies for the next commodities cycle. For further information, please visit our website at www.metallaroyalty.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed