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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.
Amulsar Armenia Au US$1M per quarter(2) 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 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
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 Newcore Gold Ltd.
Friday USA Au 3.0% NSR Royalty(3) 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(4) Exploration Panoramic Resources Limited
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.
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(5) 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) The 2.5% NSR royalty on Agua Rica is capped at C$15M.
(2) Payable once commercial production is achieved.
(3) The 3.0% NSR Royalty on Friday is capped at US$1M.
(4) 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.
(5) Payable after production of 200,000 ounces of gold from relevant tenements.