Metalla raises $12 mln from Beedie Capital for acquisitions

Metalla Royalty & Streaming Ltd (TSX-V: MTA), a Vancouver-based precious metals royalty and streaming company, has secured a convertible loan facility of $12 million from Beedie Capital. Established in 2016, Metalla is engaged in the acquisition and management of royalties, streams and similar production-based interests with a focus on gold, silver and other precious metals. It will use the facility's proceeds to fund purchases of new royalties and streams. Beedie Capital is the family office arm of Beedie Group, a Canadian industrial owner, developer and property manager led by President Ryan Beedie.

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