Maverix Metals is pleased to announce operating and financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Revenue of $14.2 million; Gold equivalent ounces sold of 7,6491; Cash flow from operating activities of $8.0 million; Cash flow from operating activities, excluding changes in non-cash working capital, of [...]
Maverix Metals is pleased to announce the voting results of its Annual General Meeting of Shareholders held on May 12th, 2022. Maverix shareholders voted in favour of all resolutions presented at the Meeting, including the election of the Company's nine director nominees. Detailed results of the vote for directors are shown below: Nominee Votes For [...]
Maverix Metals is pleased to announce operating and financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights Revenue of $14.7 million; Gold equivalent ounces sold of 7,7381; Cash flow from operating activities of $8.0 million; Cash flow from operating activities, excluding changes in non-cash working capital, of [...]
Maverix Metals is pleased to announce record operating and financial results for the fourth quarter and year ended December 31, 2021. Full Year 2021 Financial Highlights Record revenue of $57.5 million; Record gold equivalent ounces sold of 32,0261; Record cash flow from operating activities of $43.2 million; Record cash flow from operating [...]
Maverix Metals is pleased to announce that it has acquired a package of three royalties on gold projects located in Nevada from an indirect, wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP for a $5 million cash payment. Dan O'Flaherty, CEO of Maverix, commented, "This royalty package fits Maverix's strategy perfectly. The [...]
Maverix Metals is pleased to announce that in 2022, the Company expects 32,000 to 35,000 attributable gold equivalent ounces1 at a 90% gross cash margin, with approximately 99% of expected revenue derived from gold and silver. Dan O'Flaherty, CEO of Maverix, commented, "Maverix looks forward to further growth in 2022 driven by the acquisitions we [...]
Maverix Metals Inc. is pleased to announce record attributable gold equivalent ounces1 of approximately 9,000 in the fourth quarter of 2021 and a record of over 32,000 GEOs1 for the full year 2021, exceeding annual guidance of 31,000 GEOs1, which was increased in November 2021 from the original range of 27,000 to 30,000 GEOs1. Dan O'Flaherty, CEO [...]
Maverix Metals is pleased to announce operating and financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Revenue of $13.7 million; Gold equivalent ounces sold of 7,6711; Average cash cost per GEO of $164, resulting in a cash operating margin of 91% or $1,616 per GEO1; Cash flow from operating activities [...]
Maverix Metals is pleased to announce it has reached an agreement with Omolon Gold Mining Company LLC, a wholly owned subsidiary of Polymetal International plc to increase and expand Maverix's royalty interest in the Omolon hub operation located in Magadan Region, Russia. Dan O'Flaherty, CEO of Maverix, commented, "Maverix acquired its original 2 [...]
Maverix Metals Inc. is pleased to announce it has reached an agreement with Auramet Capital Partners, an affiliate of Auramet International, to acquire a gold stream and enter a long-term strategic partnership. Transaction Highlights Immediate increase to annual attributable gold equivalent ounces and cash flow; Increased diversification through [...]
Maverix Metals Inc. is pleased to announce that it has amended its revolving credit facility and increased the amount available by $40 million to $160 million. Matt Fargey, CFO of Maverix, commented, "We would like to thank our lenders for their continued support and confidence in our business. The increase and extension of our revolving credit [...]
Maverix Metals Inc. is pleased to announce operating and financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Revenue of $14.3 million; Gold equivalent ounces sold of 7,8801; Average cash cost per GEO of $197, resulting in a cash operating margin of 89% or $1,619 per GEO1; Cash flow from operating activities [...]