GoldUSD 1,720.80
SilverUSD 17.23

Royalty List

OVERVIEW OF ROYALTIES AND STREAMS

PropertyOperatorLocationStageMetalTerms
Joaquin MinePan American SilverSanta Cruz, ArgentinaProductionAg, Au2.0% NSR
COSE MinePan American SilverSanta Cruz, ArgentinaProductionAg, Au1.5% NSR
New LuikaShanta GoldTanzaniaProductionAu15% Ag Stream
Endeavor MineCBH ResourcesNSW, AustraliaDevelopmentZn, Pb, Ag100% Ag Stream
Santa GertrudisAgnico EagleSonora, MexicoDevelopmentAu2.0% NSR(3)
FMSSt. BarbaraHalifax, Nova ScotiaDevelopmentAu1.0% NSR
FMS (Plenty)St. BarbaraHalifax, Nova ScotiaDevelopmentAu3.0% NSR
Garrsion MineO3 MiningKirkland Lake, OntarioDevelopmentAu2.0% NSR
El RealitoAgnico EagleSonora, MexicoDevelopmentAg, Au2.0% NSR
Hoyle Pond Ext.NewmontTimmins, OntarioDevelopmentAu2.0% NSR(3)
La FortunaMinera AlamosDurango, MexicoDevelopmentAu, Ag, Cu1.0% NSR(4)
WasamacMonarch GoldVal d’Or, QuebecDevelopmentAu1.5% NSR
Timmins West Ext.Pan American SilverTimmins, OntarioDevelopmentAu1.5% NSR(3)
Beaufor MineMonarch GoldVal d’Or, QuebecDevelopmentAu1.0% NSR
San LuisSSR MiningPeruDevelopmentAg, Au1.0% NSR
Akasaba WestAgnico EagleVal d’Or, QuebecDevelopmentAu, Cu2.0% NSR(3)
TVZ ZoneNewmontTimmins, OntarioDevelopmentAu2.0% NSR
Dufferin EastAurelius MineralsHalifax, Nova ScotiaDevelopmentAu1.0% NSR
ZarumaTitan MineralsEcuadorDevelopmentAu1.5% NSR
NuevaUniónNewmont and TeckChileDevelopmentAu2.0% NSR
Kirkland-HudsonKirkland Lake GoldKirkland Lake, OntarioExplorationAu2.0% NSR
OrionMinera FriscoNayarit, MexicoExplorationAu, Ag2.75% NSR(6)
Big IslandCopper Reef MiningFlin Flon, ManitobaExplorationAu2.0% NSR
BiricuMinaurum GoldGuerrero, MexicoExplorationAu, Ag2.0% NSR
BoulevardIndependence GoldYukonExplorationAu1.0% NSR
Camflo NorthwestMonarch GoldVal d’Or, QuebecExplorationAu1.0% NSR
Edwards MineTrillium MiningWawa, OntarioExplorationAu1.25% NSR
PucaranaBuenaventuraPeruExplorationAu, Ag1.8% NSR(4)
CaprichoPucaraPeruExplorationAu, Ag1.0% NSR
LourdesPucaraPeruExplorationAu1.0% NSR
Santo TomasPucaraPeruExplorationAu1.0% NSR
Guadalupe/PararinPucaraPeruExplorationAu1.0% NSR
DNADetour GoldCochrane, CanadaExplorationAu2.0% NSR
PuchildizaMetallaChileExplorationAu1.5% NSR(5)
DeSantis MineCanadian Gold MinerTimmins, OntarioExplorationAu1.5% NSR
Bint PropertyGlencoreTimmins, OntarioExplorationAu2.0% NSR
Colbert/AngloGoldcorpTimmins, OntarioExplorationAu2.0% NSR
MontclergIEPTimmins, OntarioExplorationAu1.0% NSR
Pelangio PoirierPelangio Exp.Timmins, OntarioExplorationAu1.0% NSR
BeaudoinExplor ResourcesTimmins, OntarioExplorationAu, Ag0.4% NSR
Sirola GrenfellGolden Peak Res.Kirkland Lake, OntarioExplorationAu0.25% NSR
Mirado MineOrefindersKirkland Lake, OntarioExplorationAu1.0% NSR(4)
Solomon’s PillarPrivateGreenstone, OntarioExplorationAu1.0% NSR
Los PatosPrivateVenezuelaExplorationAu1.5% NSR
Tower MountainPrivateThunder Bay, OntarioExplorationAu2.0% NSR
Goodfish KiranaWarrior GoldKirkland Lake, OntarioExplorationAu1.0% NSR

(1) Zn: zinc, Pb: lead, Ag: silver, and Au: gold

(2) See the Company’s website at https://www.metallaroyalty.com/ for the complete list and further details

(3) Subject to partial buy-back and/or exemption

(4) Option to acquire the underlying and/or additional royalty

(5) Option available          

(6) Subject to closing conditions