Maverix Metals Inc. | Other Assets

Asset	Location	Maverix Metal Exposure	Maverix Interest	Stage	Counterparty
Adzope	Cote D'Ivoire	Au	2.0% NSR Royalty	Exploration	Auplata Mining Group
Agua Rica	Argentina	Au-Ag-Cu	2.5% NSR Royalty⁽¹⁾	Development	Yamana Gold Inc.
Algoma-Talisman	Canada	Au	2.0% NSR Royalty⁽²⁾	Exploration	Newton Gold Corp.
Amulsar	Armenia	Au	US$1M per quarter⁽³⁾	Development	Lydian International Limited
Ana Paula	Mexico	Au	2.0% NSR Royalty	Development	Argonaut Gold Inc.
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	Sociedad Minera Atlantida
Bear Lodge	USA	Rare Earth Minerals	0.5% NSR Royalty	Development	Rare Element Resources Ltd.
Biddy Well	Australia	Au	1.0% NSR Royalty	Exploration	Northern Star Resources Ltd.
Blakelock	Canada	Au	2.0% NSR Royalty	Exploration	LaSalle Exploration Corp.
Bon Espoir	French Guiana	Au	1.0% Net Revenue Royalty	Exploration	Auplata Mining Group
Buffalo Valley	USA	Au	0.5% NSR Royalty	Exploration	SSR Mining Inc.
Bulletin (Bardoc)	Australia	Au	66.7% of A$2.00/t gold ore	Development	St Barbara Ltd.
Bushranger	Australia	Au	0.75% NSR Royalty	Exploration	Xtract Resources plc
Camelback Bore	Australia	Ni	A$0.20/t of Ni laterite ore⁽⁴⁾	Exploration	Glencore
Candelaria	USA	Ag-Au	$1M Production Payment	Exploration	Silver One Resources Inc.
Central Musgrave	Australia	Ni	1.5% NSR Royalty	Exploration	NiCo Resources Ltd.
Colosseum	USA	Au	2.5% NSR Royalty	Exploration	Dateline Resources Ltd.
Committee Bay	Canada	Diamonds	1.0% NSR Royalty	Exploration	Fury Gold Mines
Cose	Argentina	Ag	2.5% NSR Royalty	Operating	Pan American Silver Corp.
Crevasse	USA	Au-Ag	5.0% NSR Royalty	Exploration	Piedra Dura Mining
Cristina	Mexico	Au	2.0% NSR Royalty⁽⁵⁾	Exploration	Criscora, SA de CV
Dee Reservation	USA	Au-Ag	3.0% NSR Royalty	Exploration	Barrick Gold Corp.
Dickey	USA	Au	3.0% GRR	Exploration	Private Interest
Dixie Creek	USA	Au	4.0% Royalty⁽⁶⁾	Exploration	Orla Mining Ltd.
Dos Cabezos	USA	Au-Ag	2.0% NSR Royalty	Exploration	Pan American Fertilizer Corp.
El Penon	Chile	Au	2.0% NSR Royalty	Exploration	Yamana Gold Inc.
El Toqui	Chile	Au-Ag	2.0% NSR Royalty⁽⁷⁾	Idle	Laguna Gold
Enchi	Ghana	Au	2.0% NSR Royalty	Development	Newcore Gold Ltd.
Ethiunda (Honeymoon)	Australia	Uranium	1.5% - 3.5% NSR ⁽⁸⁾	Development	Boss Energy Ltd.
Euro (Laverton)	Australia	Au	55.18% of $10/oz⁽⁹⁾	Development	Focus Minerals Ltd.
Eva Cobar (Coronation Hill)	Australia	Uranium	45% of 2.0% NSR Royalty⁽¹⁰⁾	Exploration	UAU Pty
Fenn-Gib	Canada	Au	1% - 2.5% NSR Royalty⁽¹¹⁾	Exploration	Mayfair Gold Corp.
Friday	USA	Au	3.0% NSR Royalty⁽¹²⁾	Operating	Endomines AB
Golden Arrow	USA	Au	3.0% NSR Royalty	Exploration	Emergent Metals Corp.
Golden Eagle	USA	Au	2.0% NSR Royalty	Exploration	Calibre Mining Corp.
Green Monster	USA	Au	1.0% GRR	Exploration	Mountain Gold Claims LLC
Harker	Canada	Au	2.0% NSR Royalty	Exploration	Agnico Eagle Mines Ltd.
Havilah (EL 7391)	Australia	Au	1.0% NSR Royalty	Exploration	Thomson Resources Ltd.
Hernandez	Mexico	Ag	2.5% NSR Royalty	Exploration	First Majestic Silver Corp.
Hopewell (Kokomo/Sconi)	Australia	Ni-Co	A$1.00 - $2.00/t ore⁽¹³⁾	Development	Australian Mines
Hog Heaven	USA	Cu-Ag-Au	1.5% NSR Royalty	Exploration	High Power Exploration/Brixton Metals
Imperial	USA	Au	1.0% NSR Royalty	Development	KORE Mining Ltd.
Jiboia	Brazil	Au	1.5% - 2.0% NSR Royalty	Exploration	OZ Minerals
Juby	Canada	Au	1.0% NSR Royalty⁽¹⁴⁾	Exploration	Aris Mining Corp.
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 Corp.
La Promesa	Peru	Au	2.0% NSR Royalty	Exploration	Solitario Zinc Corp.
La Violeta	Mexico	Au	2.5% NSR Royalty	Exploration	Grupo Minero
Lewis	USA	Au	3.5% - 4.0% NSR Royalty⁽¹⁵⁾	Development	Orla Mining Ltd.
Lone Star (Giant's Reef)	Australia	Cu-Au	1.0% NSR Royalty⁽¹⁶⁾	Exploration	Emmerson Resources Ltd.
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 Metals Corp.
Maitland	USA	Au-Ag	2.5% NSR Royalty	Exploration	Dakota Gold Corp.
Manhattan	USA	Au-Ag-Cu	1.0% NSR Royalty	Exploration	Scorpio Gold Corp.
Maria Cecilia	Peru	Au-Ag	1.5% NSR Royalty	Operating	Camino Minerals
Marigold	USA	Au-Ag	2.0% NSR Royalty	Exploration	SSR Mining Inc.
Maverick Springs	USA	Au-Ag	1.5% NSR Royalty	Exploration	Element79 Gold Corp.
McCrea Reservatoin	USA	Au	5.0% GRR	Exploration	Private Interest
Medicine Springs	USA	Au	0.5% NSR Royalty	Exploration	Reyna Silver Corp.
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	Austral Gold Ltd.
Monument Bay	Canada	Au	1.5% NSR Royalty	Exploration	Yamana Gold Inc.
Mountain View	USA	Au-Ag	1.5% NSR Royalty	Exploration	Millennial Precious Metals Corp.
Mpokoto	DRC	Au	1.5% NSR Royalty	Development	Arrow Mining
Musgrave	Australia	Ni-Co-Cu	1.5% NSR Royalty	Exploration	Power Minerals Ltd.
Mystery Lake	Canada	Ni	0.35% NSR Royalty	Exploration	Vale Canada Ltd.
Nangodi	Ghana	Au	1.0% NSR Royalty	Exploration	Shandong Gold Mining Co., Ltd.
Niñobamba	Peru	Au-Ag	1.2% - 2.0% NSR Royalty	Exploration	Minera Rio Plata
Nipisi Area	Canada	Oil	1.0% - 2.5% GORR⁽¹⁷⁾	Exploration	Canadian Natural Resources
Noyem	Ghana	Au	2.0% NSR Royalty	Exploration	AKA Petroleum Ghana Ltd.
Orban	Australia	Au	20% - 25% NPI or $0.50 - $1.25/t ore⁽¹⁸⁾	Exploration	Evolution Mining
Panton	Australia	Pt-Pd-Au	2.0% NSR Royalty on PGE metals⁽¹⁹⁾	Exploration	Future Metals NL
Perseverance	USA	Au	4.0% NSR Royalty	Exploration	Cordoba Minerals
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	Lida Resources Inc.
Railroad	USA	Au	4.0% Royalty⁽²⁰⁾	Exploration	Orla Mining Ltd.
Recuperada	Peru	Ag	3.0% NSR Royalty	Operating	Silver X Mining Corp.
Rex-Duquet	Canada	Cu-Au-Ag	0.75% NSR Royalty	Exploration	Azimut Exploration Inc.
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
Santa Rosa	Mexico	Au	3.0% NSR Royalty	Exploration	Newmont Corp.
Sanutura (South Hounde)	Burkina Faso	Au	2.0% NSR Royalty⁽²¹⁾	Development	Sarama Resources Ltd.
Scotia Gold	Australia	Au	A$1.20/tonne⁽²²⁾	Exploration	Minotaur Gold Solutions
Sleeping Giant	Canada	Au	2.0% NSR Royalty⁽²³⁾	Exploration	Abcourt Mines Inc.
Spring Valley	USA	Au	2.0% NSR Royalty	Exploration	Waterton Global Resource Management, Ltd.
Sprogge	Canada	Au	0.63% NSR Royalty	Exploration	Seabridge Gold
Subranum	Ghana	Au-Ag	2.0% NSR Royalty	Exploration	Shandong Gold Mining Co., Ltd.
Sunrise	Australia	Au	Variable $/oz⁽²⁴⁾	Idle	AngloGold Ashanti Ltd.
Taviche Este	Mexico	Au-Ag	1.5% NSR Royalty	Exploration	Fortuna Silver Mines Inc.
Trenton Canyon	USA	Au	0.5% NSR Royalty	Exploration	SSR Mining Inc.
Waihi	New Zealand	Au	1.0% NSR Royalty	Exploration	OceanaGold Corp.
Yameriga	Ghana	Au	1.0% NSR Royalty	Exploration	Shandong Gold Mining Co., Ltd.

* Does not include industrial minerals and power royalties.

(1) The 2.5% NSR royalty on Agua Rica is capped at C$15M.
(2) Red Pine has the right to buy back 1% for a cash payment of US$1.5M.
(3) Payable once commercial production is achieved.
(4) Royalty is capped at 1,750 kt of nickel laterite ore.
(5) Criscora SA de CV has the right to buy back 1% for a cash payment of US$1M.
(6) A 4% NSR royalty on metallic minerals and a 4% GSR on non-metallic minerals.
(7) Royalty does not include lead or zinc.
(8) Royalty is 1.5% on tertiary uranium, 3.5% on hard rock uranium and 2.5% on all other minerals.
(9) Royalty takes effect after the first 50,000 gold ounces have been recovered.
(10) Payees are entitled to A$0.20/kg U3O8 (or equivalent) payment on discovery of an indicated mineral resource.
(11) Maverix owns three separate royalties on Fenn-Gib. Two separate non-overlapping 1% NSR royalties that, together, cover the entire project. The third royalty is an additional 1.5% NSR that partially overlaps the project.
(12) The 3% NSR royalty on Friday is capped at US$1M.
(13) Royalty is A$1.00/t on the first 1.0 million tonnes, A$1.50/t on the next 2.0 million tonnes and A$2.00/t thereafter. Cash payment of A$50,000 per annum to payee during the lease term.
(14) Aris Mining has the right to buy back 0.5% for a cash payment of US$5M.
(15) A 3.5% NSR on gold & silver and a 4.0% NSR on all other minerals
(16) Royalty is capped at A$825,000 in cumulative royalty payments.
(17) Royalty is 1.5% on the first 15,000 Bbl/day and 2.5% on the second 15,000 Bbl/day subject to a cap at 30,000 Bbl/day.
(18) Royalty is the greater of (i) 25% net profits interest ("NPI") up to 20,000 ounces of gold, 20% NPI thereafter and (ii) A$0.50/t ore (<1 g/t gold) or A$1.25/t ore (>2 g/t gold).
(19) A 2% NSR royalty payable once production exceeds 100,000 ounces on all platinum group metals minerals mined from certain tenements.
(20) A 4% NSR royalty on metallic minerals and a 4% GSR on non-metallic minerals.
(21) A pair of 1.0% - 2.0% NSR royalties on the Tankoro deposit of the Sanutura project. The royalty rate for each royalty is 2.0% when the realized gold price is greater than $1,500 per ounce, 1.5% when the realized gold price is between $1,300 per ounce and $1,500 per ounce, and 1.0% when the realized gold price is less than $1,300 per ounce. Each of the royalties terminates after one million ounces of gold has been sold for the applicable covered areas.
(22) Payable after production of 200,000 ounces of gold from relevant tenements.
(23) A 2.0% NSR royalty on all metallic and non-metallic minerals mined or otherwise on each of the Geant Dormant and Dormex properties.
(24) Royalty varies based on gold price and sliding scale rate.