Maverix Metals Completes Acquisition of Silvertip Mine Royalty

VANCOUVER, BC--(Marketwired - April 20, 2017) - Maverix Metals Inc. (the "Company" or "Maverix") (TSX VENTURE: MMX) is pleased to announce that it has completed the previously announced acquisition of a 2.5% net smelter return royalty on the Silvertip mine, located in British Columbia, Canada, from 0875786 B.C. Ltd. (the "Vendor"), a wholly owned subsidiary of Silvercorp Metals Inc. (the "Transaction").