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Maverix Metals Inc. completes acquisition of royalty, stream and payment agreement portfolio from Pan American Silver Corp.

Date closed: 7/11/2016

Value: Undisclosed

On July 11, 2016, Maverix Metals Inc. and Pan American Silver Corp. closed a plan of arrangement pursuant to which Maverix acquired 13 royalties, precious metals streams and payment agreements from Pan American. As part of the Arrangement, the Company has changed its name from MacMillan Minerals Inc. to Maverix Metals Inc. and consolidated its pre-Arrangement outstanding common shares on the basis of one post consolidation common share for each two pre-consolidation common shares.

Fred Pletcher and Julie Bogle represented Pan American Silver Corp.