Metalla Royalty Files 40-F Annual Report for FY2025

Ticker: MTA · Form: 40-F · Filed: Mar 26, 2026 · CIK: 0001722606

Complexity: moderate

Sentiment: neutral

Topics: annual-report, regulatory-filing, gold-silver-ores, financial-disclosure

TL;DR

**Metalla Royalty just dropped its annual 40-F, giving us the full FY2025 picture.**

AI Summary

Metalla Royalty & Streaming Ltd. (CIK: 0001722606) filed its 40-F annual report on March 26, 2026, for the fiscal year ending December 31, 2025. This filing, which includes 91 documents and extensive XBRL data, serves as their annual registration statement with the SEC. For investors, this matters because it provides the most current, comprehensive financial and operational details for the company, allowing them to assess Metalla's performance and future prospects in the gold and silver ores sector.

Why It Matters

This filing provides crucial transparency into Metalla Royalty & Streaming Ltd.'s financial health and operations, enabling investors to make informed decisions about their stock.

Risk Assessment

Risk Level: medium — As a company in the gold and silver ores sector, Metalla Royalty & Streaming Ltd. is subject to commodity price volatility and exploration risks, which are inherent in the mining industry.

Analyst Insight

Investors should review the detailed financial statements and exhibits within the 40-F to understand Metalla Royalty & Streaming Ltd.'s performance for the fiscal year ending December 31, 2025, paying close attention to any changes in their royalty and streaming agreements or operational outlook.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of Metalla Royalty & Streaming Ltd.'s 40-F filing?

The 40-F filing serves as Metalla Royalty & Streaming Ltd.'s annual report and registration statement under Section 12 or Section 13(a), 15(d) of the Securities Exchange Act of 1934, providing comprehensive annual disclosure to the SEC and investors for the fiscal year ending December 31, 2025.

When was this specific 40-F filing submitted and accepted by the SEC?

This 40-F filing by Metalla Royalty & Streaming Ltd. was filed on March 26, 2026, and was accepted by the SEC on the same date at 07:04:32.

What is Metalla Royalty & Streaming Ltd.'s primary industry according to the SIC code?

According to the SIC code 1040, Metalla Royalty & Streaming Ltd.'s primary industry is 'Gold and Silver Ores', indicating their focus within the mining sector.

How many individual documents are included in this 40-F submission?

This 40-F submission includes 91 individual documents, ranging from the main form 40-F to various exhibits and graphic files, as detailed in the 'Documents' section of the filing.

What is the fiscal year end for Metalla Royalty & Streaming Ltd. as indicated in this filing?

The fiscal year end for Metalla Royalty & Streaming Ltd. is December 31, as stated by 'Fiscal Year End: 1231' in the filing details, which aligns with the 'Period of Report 2025-12-31'.

Filing Stats: 3,363 words · 13 min read · ~11 pages · Grade level 19.5 · Accepted 2026-03-26 07:04:32

Filing Documents

FORWARD LOOKING STATEMENTS

FORWARD LOOKING STATEMENTS This Annual Report, including the Exhibits incorporated by reference into this Annual Report, contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. The forward-looking statements are provided as of the date of this Annual Report and the Company does not intend to and does not assume any obligation to update forward-looking information, except as required by applicable law. For this reason and the reasons set forth below, investors should not place undue reliance on forward-looking statements. All statements included herein that address events or developments that we expect to occur in the future are forward-looking statements. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements are based on reasonable assumptions that have been made by Metalla as at the date hereof and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Metalla to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to commodity price fluctuations; the absence of control over mining operations from which Metalla will purchase precious metals pursuant to gold streams, silver streams and other agreements (collectively, "Streams" and each individually a "Stream") or from which it will receive royalty payments pursuant to net smelter returns ("

Forward-looking statements included in the AIF include statements regarding

Forward-looking statements included in the AIF include statements regarding: the completion of future transactions; our plans and objectives; our future financial and operational performance; expectations regarding the Streams of Metalla; royalty payments to be paid to Metalla by property owners or operators of mining projects pursuant to each Royalty; the future outlook of Metalla and the mineral reserves and resource estimates for the Ct Property, the Taca Taca Property, and other properties with respect to which the Company has or proposes to acquire an interest; the expected output, costs, and date of commercial production for the Ct Property, the Taca Taca Property, and other properties with respect to which the Company has or proposes to acquire an interest; future gold and silver prices; other potential developments relating to, or achievements by, the counterparties for our Stream and Royalty agreements, and with respect to the mines and other properties in which we have, or may acquire, a Stream or Royalty interest; estimates of future production, costs and other financial or economic measures; prospective transactions, growth and achievements; financing and adequacy of capital; and future payment of dividends. Estimates of mineral resources and mineral reserves are also forward-looking statements because they involve estimates of mineralization that will be encountered in the future, and projections regarding other matters that are uncertain, such as future costs and commodity prices. Forward-looking statements are based on a number of material assumptions, which management of Metalla believe to be reasonable, including, but not limited to, the continuation of mining operations from which Metalla will purchase precious or other metals or in respect of which Metalla will receive Royalty payments, that commodity prices will not experience a material decline, mining operations that underlie Streams or Royalties will operate in ac

Management's Discussion and Analysis of the Company for the year ended December 31, 2025

Management's Discussion and Analysis of the Company for the year ended December 31, 2025.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES Information regarding our disclosure controls and procedures, internal control over financial reporting and changes in internal control over financial reporting is included in the Management Discussion and Analysis incorporated herein by reference to Exhibit 99.3, under the heading "Disclosure Controls and Internal Control Over Financial Reporting." Attestation Report of the Registered Public Accounting Firm The Company's independent registered public accounting firm, KPMG LLP (Vancouver, Canada ; PCAOB ID Number 85 ), which audited the consolidated financial statements included in this Annual Report on Form 40-F, has issued an attestation report on management's assessment of the Company's internal control over financial reporting, entitled "Report of Independent Registered Public Accounting Firm," that accompanies the Company's Consolidated Financial Statements for the fiscal year ended December 31, 2025, filed as Exhibit 99.3. NOTICES PURSUANT TO REGULATION BTR There were no notices required by Rule 104 of Regulation BTR that the Company sent during the financial year ended December 31, 2025, concerning any equity security subject to a blackout period under Rule 101 of Regulation BTR. AUDIT COMMITTEE AND AUDITOR INFORMATION We have a separately-designated standing audit committee established in accordance with section 3(a)(58)(A) of the Exchange Act. The following information is included in the "Audit Committee" section of our AIF, which are incorporated herein by reference to Exhibit 99.1: Information regarding our Audit Committee composition, independence, audit committee financial expert and pre-approval policies and procedures; and Information regarding fees billed by our principal accountants, KPMG LLP, for each of the last two fiscal years. CODE OF ETHICS We have adopted a code of business conduct and ethics that applies to all of our directors, officers and employees. A copy of the code of business conduct and e

Management's Discussion and Analysis of the Company for the year ended December 31, 2025

Management's Discussion and Analysis of the Company for the year ended December 31, 2025 99.4 Certifications by the Chief Executive Officer pursuant to Rule 13a-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 99.5 Certifications by the Chief Financial Officer pursuant to Rule 13a-14(a) of the Exchange Act, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 99.6 Certifications by the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 99.7 Certifications by the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 99.8 Consent of KPMG LLP 99.9 Consent of Charles Beaudry 99.10 Code of Business Conduct and Ethics 101 Interactive Data File (formatted as Inline XBRL) 101.INS Inline XBRL Instance Document-the instance document does not appear in the Interactive Data File as its XBRL tags are embedded within the Inline XBRL document 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Exchange Act, the Company certifies that it meets all of the requirements for filing on Form 40-F and has duly caused this Annual Report to be signed on its behalf by the undersigned, thereunto duly authorized. METALLA ROYALTY & STREAMING LTD. /s/ Brett Heath Name: Brett Heath Title: Chief Executive Officer Date: March 26, 2026

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