Welcome to Maverix Metals Inc. Website

Asset	Location	Maverix Metal Exposure	Maverix Interest	Stage	Counterparty
Calcatreu	Argentina	Au-Ag	1.25% NSR Royalty	Pre-Feasibility Study	Patagonia Gold Corp.
Cerro Casale	Chile	Au-Ag-Cu	1.25% GRR on 25% of total revenue	Preliminary Study	Barrick Gold Corp. & Newmont Corp.
Converse	USA	Au-Ag	5.0% NSR Royalty	Preliminary Economic Assessment	Waterton Global Resource Management, Inc.
DeLamar	USA	Au-Ag	2.5% NSR Royalty	Preliminary Economic Assessment	Integra Resources Corp.
Gemfield	USA	Au-Ag	5.0% NSR Royalty	Feasibility Study	Waterton Global Resource Management, Inc.
Hasbrouck-Three Hills	USA	Au-Ag	1.25% NSR Royalty	Pre-Feasibility Study	West Vault Mining Inc.
Kensington	USA	Au	2.5% NRR⁽¹⁾	Operating	Coeur Mining Inc.
La Bolsa	Mexico	Au-Ag	5% Gold Stream @ $450/oz ongoing payment	Pre-Feasibility Study	Pan American Silver Corp.
Long Operation	Australia	Ni	0.65% to 5% Sliding Scale Royalty	Feasibility Study	Mincor Resources NL
McCoy-Cove	USA	Au	3.5% NSR Royalty	Preliminary Economic Assessment	Premier Gold Mines Ltd.
Nueva Esperanza	Chile	Ag-Au	2.0% - 3.0% NSR Royalty	Feasibility Study	Kingsgate Consolidated Limited
Pico Machay	Peru	Au	1.0% NSR Royalty	Scoping Study	Pan American Silver Corp.
Railroad	USA	Au-Ag	2.0% NSR Royalty	Pre-Feasibility Study	Gold Standard Ventures
Romero	Dominican Republic	Au-Cu	1.25% NSR Royalty	Pre-Feasibility Study	GoldQuest Mining Corp.
Shalipayco	Peru	Zn-Ag-Pb	1.0% NSR Royalty	Preliminary Economic Assessment	Nexa Resources
Tres Cruces	Peru	Au	1.5% NSR Royalty	Advanced Exploration	New Oroperu Resources
Adzope	Cote D’Ivoire	Au	2.0% NSR Royalty	Exploration	Auplata Mining Group
Agua Rica	Argentina	Au-Ag-Cu	2.5% NSR Royalty⁽²⁾	Development	Yamana Gold Inc.
Amulsar	Armenia	Au	US$1M per quarter⁽³⁾	Construction	Lydian International Limited
Aurora Silver Lining	USA	Au-Ag	1.5% - 3.0% NSR Royalty	Exploration	Hecla Mining Company
Ayahuanca	Peru	Au	1.5% - 3.0% NSR Royalty	Exploration	Minera La Zanja Srl
Azul	Chile	Au-Cu	2.0% NSR Royalty	Exploration	Golden Arrow Resources Corp.
Bassawa	Cote d’Ivoire	Au	2.0% NSR Royalty	Exploration	Montage Gold
Bear Lodge	USA	Rare Earth Minerals	0.5% NSR Royalty	Development	Rare Element Resources Ltd.
Bon Espoir	French Guiana	Au	1.0% Net Revenue Royalty	Exploration	Auplata Mining Group
Bushranger	Australia	Au	0.75% NSR Royalty	Exploration	Anglo American plc
Candelaria	USA	Ag-Au	$1M Production Payment	Exploration	Silver One Resources Inc.
Chanca	Peru	Au-Ag	1.2% - 2.0% NSR Royalty	Exploration	Minera Rio Plata
Committee Bay	Canada	Diamonds	1.0% NSR Royalty	Exploration	Auryn Resources Inc.
Crevasse	USA	Au-Ag	5.0% NSR Royalty	Exploration	Piedra Dura Mining
Dee Reservation	USA	Au-Ag	3.0% NSR Royalty	Exploration	Barrick Gold Corp.
Dickey	USA	Au	3.0% GRR	Exploration	Private Interest
Dos Cabezos	USA	Au-Ag	2.0% NSR Royalty	Exploration	Pan American Fertilizer Corp.
Duquet	Canada	Cu-Au-Ag	0.75% NSR Royalty	Exploration	Azimut Exploration Inc.
El Penon	Chile	Au	2.0% NSR Royalty	Exploration	Yamana Gold Inc.
EL 7391	Australia	Au	1.0% NSR Royalty	Exploration	Thomson Resouces Ltd.
Enchi	Ghana	Au	2.0% NSR Royalty	Development	Pinecrest Resources Ltd.
Friday	USA	Au	3.0% NSR Royalty⁽⁴⁾	Operating	Endomines AB
Golden Arrow	USA	Au	3.0% NSR Royalty	Exploration	Emgold Resources
Golden Eagle	USA	Au	2.0% NSR Royalty	Exploration	Fiore Gold Ltd.
Green Monster	USA	Au	1.0% GRR	Exploration	Mountain Gold Claims LLC
Harker	Canada	Au	2.0% NSR Royalty	Exploration	Kirkland Lake Gold
Jiboia	Brazil	Au	1.5% - 2.0% NSR Royalty	Exploration	OZ Minerals
Ket 28	Canada	Au-Ag	3.0% NSR Royalty	Exploration	Grizzly Discoveries Inc.
Korokaha	Cote d’Ivoire	Au	2.0% NSR Royalty	Exploration	Montage Gold
La Promesa	Peru	Au	2.0% NSR Royalty	Exploration	Solitario Resources
La Violeta	Mexico	Au	2.5% NSR Royalty	Exploration	Grupo Minero
M36, M289	Australia	Au	2.5% GRR	Exploration	BHP Billiton Ltd.
Macmillan Pass	Canada	Zn-Au-Ag	3.0% NSR Au + 1.0% NSR Ag + 0.25% NSR Zn	Exploration	Fireweed Zinc Ltd.
Manhattan	USA	Au-Ag-Cu	1.0% NSR Royalty	Exploration	Kinross Gold Corp.
Maria Cecilia	Peru	Au-Ag	1.5% NSR Royalty	Operating	Stellar Mining
Marigold	USA	Au-Ag	2.0% NSR Royalty	Exploration	SSR Mining Inc.
Maverick Springs	USA	Au-Ag	1.5% NSR Royalty	Exploration	Waterton Global Resource Management, Inc.
McCrea Reservatoin	USA	Au	5.0% GRR	Exploration	Private Interest
Medicine Springs	USA	Au	0.5% NSR Royalty	Exploration	Nothern Lights Resources
Monitor	USA	Au	2.5% NSR Royalty	Exploration	Secure Energy Services Inc.
Monte Cristo	USA	Au-Ag	3.0% NSR Royalty	Exploration	Hecla Mining Company
Montezuma	Chile	Cu	1.0% NSR Royalty	Exploration	Revelo Resources Corp.
Monument Bay	Canada	Au	1.5% NSR Royalty	Exploration	Yamana Gold Inc.
Morondo	Cote d’Ivore	Au	2.0% NSR Royalty	Exploration	Montage Gold Corp.
Mountain View	USA	Au-Ag	1.5% NSR Royalty	Exploration	Waterton Global Resource Management, Inc.
Mpokoto	DRC	Au	1.5% NSR Royalty	Development	Arrow Mining
Mystery Lake	Canada	Ni	0.35% NSR Royalty	Exploration	Vale Canada Ltd.
Nangodi	Ghana	Au	1.0% NSR Royalty	Exploration	Cardinal Resources
Noyem	Ghana	Au	2.0% NSR Royalty	Exploration	AKA Petroleum Ghana Ltd.
Panton Sill	Australia	Pt-Pd-Au	2.0% NSR Royalty on PGE metals⁽⁵⁾	Exploration	Panoramic Resources Limited
Pershing Pass	USA	Au-Ag	2.0% NSR Royalty	Exploration	Americas Gold & Silver Corp.
Pike River	Canada	Au	2.5% NSR Royalty	Exploration	McEwen Mining Inc.
Poura	Burkina Faso	Au	0.5% NSR Royalty	Exploration	Cluff Africa Associates UK Ltd.
Promise	Australia	Au	$1.50/dry ton	Exploration	Silver Lake Resources Ltd.
Quiruvilca	Peru	Zn-Ag	1.0% NSR Royalty	Exploration	Sociedad Minera Quiruvilca Inversiones
Railroad	USA	Au	4.0% NSR Royalty	Exploration	Kennecott Exploration
Robinson Reservation	USA	Au	3.0% GRR	Exploration	Private Interest
Rock Creek	USA	Au	0.5% NSR Royalty	Exploration	Western States Minerals Corp.
Rosebud	USA	Au	3.0% NSR Royalty	Exploration	Rosebud Exploration LLC
Scotia Gold	Australia	Au	A$1.20/tonne⁽⁶⁾	Exploration	Minotaur Gold Solutions
Spring Valley	USA	Au	2.0% NSR Royalty	Exploration	Waterton Global Resource Management, Ltd.
Subranum	Ghana	Au-Ag	2.0% NSR Royalty	Exploration	Cardinal Resources Ltd.
Taviche Este	Mexico	Au-Ag	1.5% NSR Royalty	Exploration	Minaurum Gold Inc.
Waihi	New Zealand	Au	1.0% NSR Royalty	Exploration	OceanaGold Corp.
Yameriga	Ghana	Au	1.0% NSR Royalty	Exploration	Cardinal Resources

* Does not include industrial minerals and power royalties.

(1) Royalty not payable until certain conditions are met.
(2) The 2.5% NSR royalty on Agua Rica is capped at C$15M.
(3) Payable once commercial production is achieved.
(4) The 3.0% NSR Royalty on Friday is capped at US$1M.
(5) A 2.0% NSR royalty payable by Panoramic Resources Limited once production exceeds 100,000 ounces on all platinum group metals minerals mined from certain tenements.
(6) Payable after production of 200,000 ounces of gold from relevant tenements.

Other Assets

Assets