METALLA ACQUIRES ROYALTY ON MINERA ALAMOS’ LA FORTUNA PROJECT

MTA-NR-re-La-Fortuna-Option-Final-Oct-22-2020

Vancouver, British Columbia: Metalla Royalty & Streaming Ltd. (“Metalla” or the “Company”) (NYSE American: MTA) (TSXV: MTA) is pleased to announce that it has exercised its option with Alamos Gold Corp. (“Alamos Gold”) (NYSE: AGI) (TSX: AGI) to acquire from Alamos Gold its 1.0% net smelter return royalty (the “Royalty”) on the La Fortuna project in Durango State, Mexico (“La Fortuna”) owned by Minera Alamos Inc. (“Minera Alamos”) (TSXV: MAI) for aggregate consideration of $1,000,000 (the “Transaction Price”).

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