Stocks in play: Matamec Explorations Inc.
Announced the closing of the sale and purchase agreement with Metalla Royalty & Streaming Ltd. of its royalties on the Hoyle-Matheson Royalties Property and the Montclerg Property.The purchase price paid for the royalties is made up of $500,000 in cash and 2,000,000 shares of Metalla valued at $0.50 per share. Matamec received warrants to purchase another 1,000,000 shares of Metalla at $0.75 per share for a period of two years. The shares and warrants cannot be traded for a period of 12 months from the closing date. Matamec Explorations Inc.