Maverix Metals Files Final Base Shelf Prospectus For C$200 Million Financing
TSX VENTURE: MMX
VANCOUVER, BC--(Marketwired - September 06, 2017) - Maverix Metals Inc. ("Maverix" or the "Company") (TSX VENTURE: MMX) has filed a final short form base shelf prospectus (the "Prospectus") with the securities commissions in each of the provinces and territories of Canada, except Quebec.
The Prospectus will allow Maverix to offer up to C$200,000,000 of common shares, subscription receipts, units and warrants (collectively, the "Securities") from time to time over the 25-month period that the Prospectus, including any amendments thereto, remains effective.
Unless otherwise indicated in a prospectus supplement relating to a particular offering, the Company intends to use the net proceeds from any potential sale of the Securities to finance the future purchase of streams and royalties and for working capital purposes. The Company filed the Prospectus to enhance its financial flexibility but has no immediate intentions to undertake an offering.
This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these Securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.
Maverix Metals Inc. is a gold royalty and streaming company. Maverix's primary purpose is to acquire and hold predominantly precious metals streams and royalties, and in so doing provide significant leverage to gold and silver prices for its shareholders. Maverix's mission is to increase underlying per share value by adding high-quality streams and royalties that offer robust returns to Maverix's portfolio.