Maverix Metals Inc. announced that Mr. David Scott and Mr. Brian Penny have been appointed to the Company's Board of Directors. Both Mr. Scott and Mr. Penny have joined the Board as independent directors. Mr. Scott recently retired from his position as Vice Chairman and Managing Director of Mining Global Investment Banking at CIBC Capital Markets. Mr. Penny is currently the Chief Financial Officer of Wallbridge Mining Company Limited. The Company also announced that effective June 30, 2019, that Mr. Christopher Emerson has stepped down from the Board of Directors of Maverix.