Maverix Metals Inc. announced that Mr. Matt Fargey has joined the Company and will assume the position of Chief Financial Officer, effective May 30, 2017. In addition, Mr. Brent Bonney has been appointed as Vice President, Corporate Development of the Company, effective March 3, 2017. Prior to his appointment, Mr. Bonney was a member of the investment banking group with Scotiabank Global Banking and Markets specializing in the metals and mining sector.

Mr. Fargey will be replacing Mr. Wayne Vincent who has served as Maverix's CFO since the Company's launch into the metal streaming and royalty business last year. Mr. George Brown has informed the company of his intention to retire from his role as a Director at the end of his current term and as a consequence he will not be standing for re-election at the upcoming AGM on May 30, 2017.