GoldUSD 1,212.80
SilverUSD 14.27

DIVIDEND

Metalla’s board of directors has approved and declared monthly cash dividends on its common shares (subject to any applicable tax withholding obligations). The monthly record and payment date is set out in the table below starting in January 2018, and will be made to shareholders of record as set out below. The Company plans to expand this dividend over the calendar year of 2018, with the goal of paying out 50% of its after tax and G&A operating cash flow. It is the intention of the Company that the dividend amount will be linked to the gold and silver price and operating cash flow the Company’s royalties and streams generate. It will be adjusted quarterly to represent any new cash flowing assets currently under development and to reflect any changes in the gold and silver price.

 

DIVIDEND SCHEDULE 2018

 

 Month Record Date Payment Date Payment Amount ($CAD)
January January 3, 2018 January 15, 2018 $0.001
February February 1, 2018 February 15, 2018 $0.001
March March 1, 2018 March 15, 2018 $0.001
April April 2, 2018 April 16, 2018 $0.001
May⁽¹⁾  May 1, 2018 May 15, 2018 $0.001
June⁽¹⁾  June 1, 2018 June 15, 2018 $0.0015
July⁽¹⁾  July 3, 2018 July 16, 2018 $0.0015
August⁽¹⁾  August 1, 2018 August 15, 2018 $0.0015
September⁽¹⁾  September 4, 2018 September 17, 2018 $0.0015
October⁽¹⁾  October 1, 2018 October 15, 2018 $0.0015
November⁽¹⁾  November 1, 2018 November 15, 2018 $0.0015
December¹⁾  December 3, 2018 December 17, 2018 $0.0015
January⁽¹⁾  January 2, 2019 January 15, 2019 $0.0015

⁽¹⁾ Eligible dividend pursuant to the Income Tax Act (Canada).

In the future, and assuming compliance with all applicable securities laws, the Company plans to offer a Dividend Reinvestment Plan (“DRIP”) once it reaches certain requirements to efficiently provide the DRIP to all of its shareholders globally.