Providing an upfront payment in return for the right to receive a payment based on a percentage of the minerals or other products produced at a mine, or of the revenues or profits generated from the sale of those minerals or other products at a mine
Providing an upfront payment in return for the right to purchase all or a fixed percentage of one or more metals produced from a mine at a pre-determined $/oz price
The upfront fixed cost of royalties and streams reduces the future risks of ongoing capital and operating costs by offering its shareholders both capital and operating cost certainty. Maverix supports the financing of mine operations by providing an advance payment, which can be used to fund expansion, development or exploration, without having to get directly involved in the process. This allows Maverix to hold a diverse asset base, retain significant leverage to precious metals prices and be exposed to unlimited upside exploration and expansion potential, with limited downside risk.