METALLA ROYALTY & STREAMING LTD. Common Shares EQUITY DISTRIBUTION AGREEMENTEquity Distribution Agreement • May 14th, 2021 • Metalla Royalty & Streaming Ltd. • Gold and silver ores • British Columbia
Metalla Royalty & Streaming Ltd., a corporation continued under the Business Corporations Act (British Columbia) (the "Company"), confirms its agreement (this "Agreement") with BMO Nesbitt Burns Inc., PI Financial Inc. and Scotia Capital Inc. (the "Canadian Agents") and BMO Capital Markets Corp. and Scotia Capital (USA) Inc. (the "U.S. Agents", and together with the Canadian Agents, the "Agents"), with respect to the issuance and sale from time to time by the Company of shares (the "Shares") of the Company's common shares with no par value per share (the "Common Shares"), having an aggregate offering price of up to US$35,000,000 (or the equivalent in Canadian dollars determined using the daily exchange rate posted by the Bank of Canada on the date the Shares are sold) (the "Maximum Amount") through or to the Agents, as sales agents, on the terms and subject to the conditions set forth in this Agreement. This Agreement supersedes and replaces the equity distribution agreement among the
