Metalla Royalty and Streaming Ltd. has released its financial results for the first quarter of 2025. The company reported recognized revenue from royalty and stream interests, including fixed royalty payments, of $1.7 million. The net loss for the period was $0.7 million, with an Adjusted EBITDA of $0.9 million. An operating cash margin of $2,844 per attributable Gold Equivalent Ounce $(GEO)$ was generated from various assets including the Wharf, Tocantinzinho, Aranzazu, La Encantada, La Guitarra, and the New Luika Gold Mine (NLGM) stream held by Silverback Ltd. The company received or accrued payments on 628 attributable GEOs at an average realized price of $2,855 and an average cash cost of $11 per attributable GEO. Significant updates in the company's portfolio include progress on several royalties. Endeavor is on track for first ore processing in Q2, and Aranzazu has seen an increase in mine life to 10 years. Additionally, La Guitarra has begun mining at the higher grade Coloso mine. Wasamac and Gurupi have both declared updated Mineral Reserves and Resources exceeding 2 million ounces. Drill programs are underway at various sites including Gosselin, Fosterville, Wharf, Joaquin, San Luis, and Edwards. In other developments, Equinox Gold Corp. is advancing the engineering and permitting process for the Castle Mountain Phase 2 expansion, with expectations for the publication of a notice of intent in 2025. Metalla holds a 5.0% NSR royalty on the South Domes area of the Castle Mountain mine.