Metalla closes $12 million convertible loan facility from Beedie Capital

1 minute read
23 April 2019
Client work

On April 23, 2019, Metalla Royalty & Streaming Ltd. (TSXV: MTA) (OTCQX: MTAFF) (FRANKFURT: X9CP) announced that it had closed its convertible loan facility of $12 million with Beedie Capital to fund acquisitions of new royalties and streams.

Beedie Capital is the family office investment arm of Beedie Group, the largest private industrial owner, developer and property manager in Western Canada.

Gowling WLG advised Metalla with respect to this loan facility with a team that included Denis Silva (corporate), Chris Colonval and Stephen Hedley (financial services) and Brent Kerr (tax), assisted by student-at-law Kean Silverthorn.

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