PURE PLAY GOLD ROYALTY INVESTMENT

148 precious metals royalties and streams with

14 paying and a robust organic growth trajectory

Focused on per share value creation and a dividend that currently yields ~1.5%

$500M

32k

MARKET CAP.

2021 GEOS

148

99%

TOTAL ROYALTIES

GOLD &

& STREAMS

SILVER

14

~90%

PAYING ROYALTIES

GROSS

& STREAMS

CASH MARGIN

TSX & NYSE American: MMX | maverixmetals.com | 1

BARRICK ROYALTY PORTFOLIO ACQUISITION

plus up to an additional $10 million in contingent payments:

  • $6 million payable if Eskay Creek receives all permits required to commence construction within 6 years
  • $2 million payable when Maverix receives $10 million in proceeds from the royalty portfolio within 6 years (excluding Eskay Creek)
  • $2 million payable when Maverix receives $20 million in proceeds from the royalty portfolio within 6 years (excluding Eskay Creek)

Eskay Creek

Bullfrog Gold

Sanutura

(South Houndé)

0.5% NSR

2.0% NSR

1.0% - 2.0% NSR

Lagunas Norte

Central Musgrave

Maitland

2.0% NSR on PMR

1.5% NSR

2.5% NSR

2

ESKAY CREEK

Highlights

  • RAPIDLY ADVANCING TOWARDS PRODUCTION
  • ROBUST ECONOMICS
  • PROLIFIC MINING JURISDICTION
  • SIGNIFICANT EXPLORATION POTENTIAL

2022 Feasibility Study

AVG ANNUAL

LOM AVG

INITIAL

NPV & IRR

PRODUCTION

AISC

MINE LIFE

($1,700/oz Au)

269,000

$355

9

C$1.4B

oz gold

per ounce of Au

years

after-tax NPV5%

7,412,000

(net of silver by-product)

50%

oz silver

after-tax IRR

More information at skeenaresources.com

0.5% NSR

OPERATOR

LOCATION

STAGE

Golden Triangle

Feasibility

BC

Completed

Upcoming Catalysts

  • H1 2023: Resource Update & Project Financing
  • H2 2023: Updated Feasibility Study

3

BOLSTERED GROWTH PIPELINE

Bullfrog Gold

Lagunas Norte

Sanutura

(South Houndé)

Beatty District, Nevada

2.0% NSR (1)

OPERATOR

  • Augusta, led by Richard Warke, acquired the asset in 2020 and is rapidly advancing the project towards a production decision
  • Measured and indicated resources of 1.2 Moz gold and 2.9 Moz silver and inferred resources of 0.3 Moz gold and 0.5 Moz silver
  • Updated resource and PEA expected in Q4 2022 with a path to production by the end of 2024
  • Recent acquisition of nearby Corvus Gold by AngloGold for $450 million

augustagold.com

La Libertad, Peru

2.0% NSR ON PMR

OPERATOR

  • Lagunas Norte has produced over 10 Moz gold since 2005 and currently has reserves of 4.0 Moz gold and 9.9 Moz silver
  • Royalty applies to the refractory sulphide ore project only (PMR) and has a cap of 1 Moz of gold sales and Boroo can repurchase the royalty for $16M in cash before July 1, 2023
  • An updated technical report in 2021 showed a 22 year mine life producing an average of 147 koz gold per year
  • Boroo is currently advancing the CMOP project which includes infrastructure for the PMR project estimated to begin in 2025

boroo.com.sg

Houndé Belt, Burkina Faso

1.0% - 2.0% NSR

OPERATOR

  • 2 separate sliding scale royalties that apply to certain deposits of the Sanutura project, including the Tankoro deposit
  • The royalty rate is 2% when the gold price is over $1,500/oz and each has a cap of 1 Moz of gold sales
  • Tankoro is the flagship deposit with indicated resources of 0.6 Moz gold and inferred resources of 1.9 Moz gold
  • Sarama is currently undergoing a 50,000m drill program and a PEA is expected by Q4 2023

saramaresources.com

(1) Royalty rate to be adjusted if the total royalty on any individual mining claim exceeds 5.5% but shall be a minimum 0.5% on any individual mining claim

4

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Maverix Metals Inc. published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 11:34:22 UTC.