February 6, 2018, Vancouver, British Columbia – Maverix Metals Inc. (the “Company” or “Maverix”) (TSX-V: MMX) is pleased to announce record attributable gold equivalent production for the fourth quarter and full year 2017, as well as the
achievement of Tier 1 Issuer status on the TSX Venture Exchange. The Company is also providing an update on its royalty and streaming assets.
La Colorada: Pan American Silver Corp. reported gold production of 1,258 ounces in Q4 2017 and 4,287 ounces for the full year 2017 at the La Colorada mine. The expansion to 1,800 tpd at La Colorada was completed in mid2017, approximately six months ahead of schedule. Maverix has the right to purchase 100% of the payable gold production from La Colorada at the lesser of US$650/oz
and the prevailing market price