Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") (NYSE American: MTA) (TSXV: MTA) is pleased to announce that, further to its news release dated November 28, 2022, it has closed (the "Closing") the acquisition of a portfolio of eight royalties in Mexico (the "Royalties") from First Majestic Silver (NYSE: AG) (TSX: FR) for 4,168,056 of common shares of Metalla at a price of US$4.7984 (representing the 25-day VWAP on the NYSE American at signing).