MAVERIX METALS ANNOUNCES INCREASED REVENUE AND OPERATING CASH FLOW FOR THE SECOND QUARTER 2017

http://maverixmetals.com/wp-content/uploads/2016/06/MMX-NR-08-24-17.pdf

August 24, 2017, Vancouver, British Columbia – Maverix Metals Inc. (the “Company” or “Maverix”) (TSX-V:MMX) is pleased to announce its financial results for the second quarter ended June 30, 2017.
For complete details of the Financial Statements and associated Management’s Discussion and Analysis for the quarter ended June 30, 2017, please see the Company’s filings on SEDAR (www.sedar.com) or the Company’s website (www.maverixmetals.com).
All amounts are in Canadian dollars unless otherwise indicated.
Second Quarter 2017 Highlights
Financial and Operating:
 Revenue of $4.0 million;
 Operating cash flow of $2.3 million;
 Net income of $0.2 million;
 Attributable gold equivalent ounces sold of 2,347(1) ounces; and
 Average cash cost per attributable gold equivalent ounce of $187(1) resulting in cash operating margins of $1,508(1) per ounce.

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