Metalla closes $12 million convertible loan facility from Beedie Capital

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.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Natural Resources, Corporate Commercial, Banking & Finance, Tax

Related Insights & Resources

View all insights Related Insights & Resources
Client work
16 August 2019 Metalla acquires royalty on St. Barbara Ltd.'s Fifteen Mile Stream project
Client work
09 August 2019 Adventus Mining closes $14.26 million bought deal private placement of common shares
Client work
25 July 2019 K92 Mining closes US$15 million loan and offtake agreement with Trafigura

Team

Download or print PDF