GoldUSD 1,486.40
SilverUSD 17.51

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 2019 | DIVIDEND SCHEDULE 2018

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

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

In the first half of the calendar year 2020, 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.