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Metalla Royalty & Streaming Ltd. has entered into a revolving credit facility agreement with Bank of Montreal and National Bank Financial, allowing the company to borrow up to $40 million, with an accordion feature for an additional $35 million, totaling up to $75 million. This facility replaces the existing convertible loan facility with Beedie Investments Ltd. and is intended to provide financial flexibility for future growth initiatives.
Parties
Company
Metalla Royalty & Streaming Ltd.
Bank
Bank of Montreal
Deal Type
Financing/InvestmentIndustry
MiningTransaction
$ 75,000,000Deal Status
ActiveClosing Date