08:47 AM EDT, 06/25/2025 (MT Newswires) -- Metalla Royalty & Streaming ( MTA ) on Wednesday secured a US$40 million revolving credit facility, with an accordion feature for an additional US$35 million of availability.

Concurrent with entering into the facility, the company also fully repaid and retired its existing C$50 million convertible loan facility with Beedie Investments.

Metalla drew down $13.1 million from the facility upon close, which was used to settle in its entirety the outstanding loan principal together with all accrued and unpaid interest and standby fees owed under the convertible facility.

U.S.-listed shares of the company were last seen down 1.9% at $3.54 in pre-market trading.