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Metalla Royalty & Streaming taps longtime mining executive Saurabh Handa for CFO

Handa provides consulting services to mining companies through his own firm, Handa Financial Consulting Inc

Boardroom with three people
Handa will be replacing Bill Tsang, who has served as Metalla's CFO since May 2017

Metalla Royalty & Streaming Ltd (CVE:MTA) (NYSEAMERICAN:MTA) has appointed Saurabh Handa as its new CFO, effective November 1, the company announced Tuesday.

Handa provides consulting services to mining companies through his own firm, Handa Financial Consulting Inc. Before that, he served as CFO at Titan Mining Corp, VP of finance for Imperial Metals Corp, CFO at Meryllion Resources Corp, CFO at Yellowhead Mining Inc and controller for SouthGobi Resources Ltd. He currently serves as a director and chair of the audit committee for K92 Mining Inc

Overall, he has more than 15 years of senior level experience as a mining professional in various areas including finance, mergers and acquisitions, taxation planning, treasury management, risk management, regulatory compliance and multi-jurisdictional public company reporting. 

READ: Metalla Royalty & Streaming updates on the Endeavor Mine silver stream in Australia

"We are privileged to have Mr. Handa join the Metalla team,” CEO Brett Heath said in a statement. “Handa possesses a strong accounting background and diverse senior level experience as a mining professional. He will be an invaluable addition to Metalla's team and positions the company to continue to scale its business of acquiring accretive royalty and streaming assets."

Handa will be replacing Bill Tsang, who has served as Metalla's CFO since May 2017. Tsang has been instrumental to the company's success and growth in the royalty and streaming business, the company said, and the board thanked him for his devoted efforts.

Metalla, based in Vancouver, says it aims to provide shareholders with leveraged precious metal exposure by acquiring royalties and streams and increase its share value by “accumulating a diversified portfolio of royalties and streams with attractive returns.”

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

Quick facts: Metalla Royalty & Streaming Ltd

Price: 11.37 CAD

TSX-V:MTA
Market: TSX-V
Market Cap: $445.87 m
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