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 Red Pine Exploration Inc.
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 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.
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.
Bushranger Australia Au 0.75% NSR Royalty Exploration Xtract Resources 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
Cristina Mexico Au 2.0% NSR Royalty(4) 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
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.
Enchi Ghana Au 2.0% NSR Royalty Development Newcore Gold Ltd.
Fenn-Gib Canada Au 1% - 2.5% NSR Royalty(5) Exploration Mayfair Gold Corp.
Friday USA Au 3.0% NSR Royalty(6) 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
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.
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(7) Exploration Aris Gold 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
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 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 Waterton Global Resource Management, Inc.
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
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.
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(8) 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.
Recuperada Peru Ag 3.0% NSR Royalty Operating Silver X Mining Corp.
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.
Scotia Gold Australia Au A$1.20/tonne(9) Exploration Minotaur Gold Solutions
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.
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) Criscora SA de CV has the right to buy back 1% for a cash payment of US$1M.
(5) 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.
(6) The 3% NSR royalty on Friday is capped at US$1M.
(7) Aris Gold has the right to buy back 0.5% for a cash payment of US$5M.
(8) A 2% NSR royalty payable by Panoramic Resources Limited once production exceeds 100,000 ounces on all platinum group metals minerals mined from certain tenements.
(9) Payable after production of 200,000 ounces of gold from relevant tenements.