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Maverix Metals Inc. V.MMX


Primary Symbol: T.MMX

Maverix Metals Inc is a precious metals royalty and streaming company. It offers a mining-related investment that provides exposure to metal price appreciation, and exploration and expansion potential, but without the risks associated with ongoing capital costs, operating costs, and environmental liabilities. The company holds interests in various properties such as La Colorada, San Jose, Mt. Carlton, Vivien, Beta Hunt, Silvertrip, Florida Canyon, Moose River, Shalipayco, Romero, Omolon, and others. The firm's business presence can be across the region of the Americas and Australia, as well as Mexico and Canada.


TSX:MMX - Post by User

Bullboard Posts
Post by be2bemanon Jun 23, 2016 12:08am
190 Views
Post# 24989868

MMX Shareholder's Overwhelmingly Approve Plan

MMX Shareholder's Overwhelmingly Approve PlanTORONTO, CANADA / TheNewswire / June 22, 2016 MacMillan Minerals Inc. (TSXV: MMX) (MacMillan or the Company) is pleased to announce that the previously announced plan of arrangement (the Arrangement) involving the Company, Pan American Silver Corp. (Pan American) and Maverix Metals Inc. (Maverix) has been approved by the holders of the Companys common shares (the MacMillan Shares). The Company held an annual special and general meeting of the Companys shareholders on June 17, 2016 (the Meeting) at which, among other items, 99.96% of the MacMillan Shares represented at the Meeting were voted in favour of the Arrangement. Pursuant to the terms of the Arrangement, MacMillan is to acquire all of the issued and outstanding securities of Maverix. Concurrently, MacMillan will purchase a package of thirteen royalties, precious metals streams and payment agreements from Pan American. The Company intends to apply for a final order approving the Arrangement by the Supreme Court of British Columbia on June 24, 2016. Assuming the final order is received and all other terms and conditions of the Arrangement are met, it is expected that the Arrangement will close shortly thereafter.
Bullboard Posts