http://www.thenewswire.ca/archives?tnwcatalyst2=release_id%3D19519

Toronto, ON / TheNewswire / July 11, 2016 – Maverix Metals Inc. (formerly MacMillan Minerals Inc.) (TSXV: MMX) (“Maverix” or the “Company”) and Pan American Silver Corp. (“Pan American”) are pleased to announce the closing of the previously announced plan of arrangement (the “Arrangement”) pursuant to which Maverix acquired 13 royalties, precious metals streams and payment agreements (the “portfolio”) from Pan American.

As part of the Arrangement, the Company has changed its name from MacMillan Minerals Inc. to Maverix Metals Inc. and consolidated its pre-Arrangement outstanding common shares on the basis of one post consolidation common share for each two pre-consolidation common shares.  The Company anticipates that its common shares will commence trading on the TSX Venture Exchange (“TSXV”) on July 12, 2016, under the stock symbol “MMX”.