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Maverix Metals Adds Another Paying Royalty to Its Portfolio

VANCOUVER, BC–(Marketwired – April 05, 2017) – Maverix Metals Inc. (the “Company” or “Maverix“) (TSX VENTURE: MMX) is pleased to announce that it has entered into a Royalty Purchase and Sale Agreement dated April 5, 2017 (the “Agreement“) with 0875786 B.C. Ltd. (the “Seller“), a wholly owned subsidiary of Silvercorp Metals Inc. (TSX: SVM), pursuant to which Maverix agreed to acquire from the Seller (the “Transaction“) a 2.5% net smelter return royalty on the Silvertip Mine (the “Royalty“) for up to 6,600,000 Common shares in the capital of Maverix payable as follows: