Maverix Metals amended its revolving credit facility and increased the amount available by $40 million to $160 million.

The amounts drawn on the Credit Facility are subject to interest at LIBOR plus 1.875% to 3.0% per annum, and the undrawn portion of the Credit Facility is subject to a standby fee of 0.422% to 0.675% per annum, both of which are dependent on the Company's leverage ratio. The syndicate of banks include National Bank of Canada, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia, and Bank of Montreal. The Credit Facility has a term of 4 years, maturing in September 2025.  Currently, the Company has nothing drawn from the Credit Facility and, therefore, the full $160 million remains available.

Additionally, Maverix has filed a preliminary short form base shelf prospectus (the "Base Shelf Prospectus") with the securities regulatory authorities in each of the Provinces and Territories of Canada and a corresponding shelf registration statement on Form F-10 (the "Registration Statement") with the United States Securities and Exchange Commission ("SEC") under the Multijurisdictional Disclosure System, established between Canada and the United States.

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 facility will provide us with more capital to pursue accretive acquisitions of precious metals royalties and streams."