Metalla picks up royalties, stream from Coeur Mining

摘要

Metalla Royalty & Streaming (CSE: MTA; US-OTC: EXCFF) is buying three royalties and one stream - two of which are on producing mines - from Coeur Mining (NYSE: CDE) in a deal worth US$13 million. In exchange, Coeur will receive 19.9% of the junior's shares. The balance of the purchase price will come from an unsecured convertible debenture bearing interest at 5% a year. The assets in Australia, Argentina, Ecuador and Chile are owned by CBH Resources, Pan American Silver (TSX: PAA; NASDAQ: PA AS), Dynasty Metals & Mining (TSX: DMM; US-OTC: DMMIF) and Regulus Resources (TSXV: REG).