viewMetalla Royalty & Streaming Ltd

Metalla Royalty & Streaming names Terry Krepiakevich independent board director

Krepiakevich is also chair of the audit committee for Alexco Resource Corp

Metalla Royalty and Streaming Ltd - Metalla Royalty & Streaming names Terry Krepiakevich independent board director
Vancouver-based Metalla also granted 600,000 in stock options to certain employees, with an exercise price of C$7.66 

Metalla Royalty & Streaming Ltd (NYSEAMERICAN:MTA) (CVE:MTA) announced Thursday the appointment of long-time industry veteran Terry Krepiakevich to the board as an independent director. 

"We are privileged to have Mr. Krepiakevich join the Metalla team and chair our audit committee,” said CEO Brett Heath in a statement. "Mr. Krepiakevich has over 30 years of diverse experience as a CPA, CFO, and has served on several audit committee positions on both TSX and NYSE American listed companies."

A Chartered Professional Accountant, Krepiakevich is currently a member of the board of directors of several publicly listed and private companies, including as chair of the audit committee for Alexco Resource Corp (NYSEAMERICAN:AXU) since July 2009, and a director of Kaizen Discovery Resource Corp. 

READ: Haywood Securities initiates coverage on Metalla Royalty & Streaming with Buy rating

He was the CFO of SouthGobi Resources Ltd from 2006 to 2011 and held the same post as Extreme CCTV Inc from November 2000 to July 2006 and was also a director. He also was the vice president of finance and CFO of Maynard's Industries from July 1988 to June 2000. 

In other company news, Vancouver-based Metalla said it has granted options to officers, directors, and employees to purchase 600,000 common shares pursuant to the company's share compensation plan, with an exercise price of C$7.66 per common share. 

Each grant vests in four equal installments every six months from the date of issue. Each option is exercisable, once vested, for a period of five years from the date of the grant.

Mettalla’s stock recently rose 2.9% to $5.94 a share in New York and 1.7% to C$7.66 a share in Toronto. 

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

Quick facts: Metalla Royalty & Streaming Ltd

Price: 15.5 CAD

Market: TSX-V
Market Cap: $614.05 m

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on 21/9/20

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