Mergers and Acquisitions

Maverix Metals Inc. in its royalty portfolio acquisition from Pan American Silver Corp.

Maverix Metals Inc.
Key Contact
Alan Hutchison

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver

Ian Morrison

Associate, Emerging and High Growth Companies, Vancouver

On June 29, 2021, Maverix Metals Inc. announced its acquisition of a portfolio of precious metals royalties from Pan American Silver Corp. Maverix acquired a portfolio of six royalties from Pan American Silver in exchange for 491,071 common shares of Maverix and a cash payment of $7,000,000. This acquisition adds future option value to Maverix’s overall asset portfolio which now boasts 121 royalty and stream assets, 13 of which are currently paying and a number of which are on advanced stage projects.

Maverix Metals is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets.

Pan American Silver Corp. is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

Osler, Hoskin & Harcourt advised Maverix with a team consisting of Alan Hutchison, Patrick Sullivan and Ian Morrison (Corporate).

Value
US$10 million
Date Closed
June 29, 2021
Lead Office
Vancouver
Key Contact
Alan Hutchison

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver

Ian Morrison

Associate, Emerging and High Growth Companies, Vancouver