Foward Looking Statements that Wasamac will not have the expected mine life and production; the studies which Metalla holds a royalty, stream or other interest are located or through regarding processing the Wasamac ores will not be completed at all or in the which they are held; risks related to the operators of the properties in which anticipated timing; that Endeavor will not have the expected mine life and Metalla holds a royalty or stream or other interest, including changes in the production; that the Macassa Near Surface Zona structure will not be used ownership and control of such operators; risks related to global pandemics, to mine the AK deposit at all or in the timing thereof; that the 2024 production including the current novel coronavirus (COVID-19) global health pandemic, for Fosterville will not meet the guidance; that the mining in the Harrier Zone and the spread of other viruses or pathogens; will not ramp up at all or in the anticipated timing; that a heap leach operation in昀氀uence of macroeconomic developments; business opportunities that be- and small mill facility will not develop at Santa Gertrudis; that the exploration come available to, or are pursued by Metalla; reduced access to debt and drilling at La Encantada in 2024 will not occur at all or as planned; that the equity capital; litigation; title, permit or license disputes related to interests on 2024 production for La Encantada will not meet the guidance; that Fifteen any of the properties in which Metalla holds a royalty, stream or other interest; Mile Stream Project will not have the expected mine life and production; that the volatility of the stock market; competition; future sales or issuances of St. Barbara will not focus on completing the updated ESIA for the Fifteen Mile debt or equity securities; use of proceeds; dividend policy and future payment Stream Project; the development of the Fifteen Mile Stream Project will not of dividends; liquidity; market for securities; enforcement of civil judgments; commence at all or in the anticipated timing; that CentroGold will not have the and risks relating to Metalla potentially being a passive foreign investment expected mine life or production; that CentroGold Contact and Blanket will not company within the meaning of U.S. federal tax laws; and the other risks and achieve their mining potential; that the injunction regarding CentroGold will uncertainties disclosed under the heading “Risk Factors” in the Company’s not be removed; that Garrison will not have the expected mine life, production most recent annual information form, annual report on Form 40-F and other or AISC; that the technical studies and mine restart plan for La Parrilla will documents 昀椀led with or submitted to the Canadian securities regulatory au- not be completed at all or in the anticipated timing; that mining will not restart thorities on the SEDAR website at www.sedar.com and the U.S. Securities at La Parrilla at all or in the anticipated timing; that the restart strategy for La and Exchange Commission on the EDGAR website at www.sec.gov. Metal- Guitarra will not succeed; that the mine restart study for La Guitarra will not be la undertakes no obligation to update forward-looking information except completed at all or in the anticipated timing; that commercial production will as required by applicable law. Such forward-looking information represents not commence in La Guitarra at all or in the anticipated timing; that tailings will management's best judgment based on information currently available. No not be reprocessed at La Guitarra; that the studies at Lama will not be com- forward-looking statement can be guaranteed, and actual future results may pleted; that Barrick will not make a development decision on Lama at all or vary materially. Accordingly, readers are advised not to place undue reliance in the anticipated timing; that La Fortuna will not have the expected mine life, on forward-looking statements. production or AISC; that the 2024 production for El Realito will not meet the guidance; that the Chipriona and La India sulphides will not be milled; that Es- Any 昀椀nancial outlook or future-oriented 昀椀nancial information, as de昀椀ned by peranza will not have the expected mine life, production or AISC; that Zacate- applicable securities legislation, has been ‎approved ‎by management of Metal- cas will not spend the anticipated amount at Esperanza; that Metalla will not la as of the date hereof. Such 昀椀nancial outlook or future-oriented 昀椀nancial use its right of 昀椀rst refusal regarding the Esperanza project; the identi昀椀ed tar- ‎information is provided ‎for the purpose of providing information about man- gets at San Luis will not develop; the the San Luis historical mineral resource agement's current expectations and goals ‎relating to the future of Metalla. estimate will not be veri昀椀ed or updated; that the planned drilling program at Readers are cautioned that reliance on such information may not be appro- Big Springs will not occur; that the potential mineralization identi昀椀ed at Cam昀氀o priate for ‎other purposes.‎ will not be mined or milled; the testing at Cam昀氀o will not occur as anticipated; that commercial production will not commence at Anglo/Zeke at all or in the This Asset Handbook does not constitute an offer to sell securities of Metalla anticipated timing; that Anglo/Zeke will not have the expected production; that or a solicitation of offers to purchase securities of ‎‎Metalla. Such an offer or the Goldrush South area in the Anglo/Zeke claims will not achieve its mineral solicitation will only be conducted in accordance with applicable securities potential; ‎that the 2024 production at Anglo/Zeke will not meet the forecast; laws and ‎‎pursuant to an enforceable agreement of purchase and sale.‎ ‎that Detour will not have ‎the expected mine life or production; ‎that the dis- tance of the pit boundary from Metalla’s ‎royalty boundary at Detour is different from estimations; that the 2024 drill program at Green ‎Springs will not take place as anticipated or have the expected focus; that Taca Taca will not ‎have the expected mine life or production; that Taca Taca will not receive the ESIA approval ‎at all or in the anticipated timing; that First Quantum will not make a development decision ‎about Taca Taca at all or in the anticipated timing; that the 2024 production at Aranzazu will ‎not meet the forecast; that the drilling at Aranzazu will not occur as anticipated; that the ‎Glory Hole mineralization at Aranzazu will not be extended as expected; that Vizcachitas will ‎not have the expected mine life, production or cash cost; that a feasibility study for ‎Vizcachitas will not be completed at all or in the anticipated timing; that the production at ‎Vizcachitas will not commence at all or in the anticipated timing; the exploration plans at ‎Copper World will differ from expected;‎ that Copper World will not have the expected mine life, production or cash costs; that Phase ‎II will not extend the mine life at Copper World; that Hudbay will not receive the outstanding ‎operating state permits for Copper World at all or in the anticipated timing; that Hudbay will ‎not carry out its joint venture partner process for Copper World at all or in the anticipated ‎timing; that production at Copper World will not commence at all or in the anticipated timing; ‎that Metalla will not exercise its right of 昀椀rst refusal regarding Copper World; that the actual ‎production at NuevaUnion will differ from expectations; that work in Copper World will not ‎focus on establishing a cost-effective path forward for NuevaUnion; that Dumont will not ‎have the expected mine life, production or cash costs; that gold and copper opportunities ‎will not be unlocked at Saddle North;‎ ; the absence of control over mining operations from which Metalla will purchase precious metals or from which it will receive stream or royalty pay- ments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current explo- ration activities, conclusions of economic evaluations and changes in project parameters as plans are re昀椀ned; problems related to the ability to market pre- cious metals or other metals; industry conditions, including commodity price 昀氀uctuations, interest and exchange rate 昀氀uctuations; interpretation by govern- ment entities of tax laws or the implementation of new tax laws; regulatory, political or economic developments in any of the countries where properties in Metalla Royalty & Streaming Ltd. 59