Click to access MMX-NR-08-17-17.pdf
August 17, 2017, Vancouver, British Columbia – Maverix Metals Inc. (the “Company” or “Maverix”) (TSXV: MMX) is pleased to announce that it has closed the previously announced senior secured loan facility (the “Facility”) with CEF (Capital Markets) Limited (“CEF”) for US$20,000,000. In addition, the Company has closed the previously announced private placements to CEF and Pan American Silver Corp. for total proceeds of C$9,877,950 (the “Private Placements”).
The Company intends to use the proceeds from the Facility and the Private Placements to acquire additional precious metals royalties and streams.
Maverix now has in excess of C$44 million in available funds to pursue growth opportunities. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.