Maverix Metals Completes Acquisition of Additional Royalty on the Hope Bay Mine

VANCOUVER, Aug. 16, 2019 /PRNewswire/ – Maverix Metals Inc. (the “Company” or “Maverix”) (NYSE American: MMX, TSX: MMX) is pleased to announce that it has completed the acquisition of an additional net smelter return (“NSR”) royalty on the Hope Bay mine (“Hope Bay”) in Nunavut, Canada, owned and operated by TMAC Resources Inc. (“TMAC”). Maverix now holds a 2.75% NSR royalty on Hope Bay effective from August 1, 2019. The 2.75% NSR royalty will reduce to 2.5% upon registration of the royalty against the property.