{"product_id":"maverixmetals-business-model-canvas","title":"Maverix Metals Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBlueprint: Maverix Metals' Royalty \u0026amp; Streaming Model - Business Model Canvas Download\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore the strategic logic behind Maverix Metals' royalty and streaming model and see how it turns mining project interests into recurring precious metals cash flows.\u003c\/p\u003e\n\u003cp\u003eThis focused Business Model Canvas outlines value propositions, key partners, cost structure, and revenue streams-ideal for investors, analysts, and strategists looking for clear, actionable insight.\u003c\/p\u003e\n\u003cp\u003eDownload the full Word \u0026amp; Excel canvas to benchmark, adapt, and apply Maverix's framework to your own investment or growth strategy.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMining Operators and Developers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals partners with established and emerging miners, funding projects via royalties and streaming deals; as of Q3 2025 Maverix held interests on 87 assets supporting projected attributable production of ~54 koz AuEq (gold equivalent ounces) in 2026, while operators run all exploration, development and extraction.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Institutions and Lenders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAccess to credit and debt financing lets Maverix Metals execute large-scale royalty buys; as of Q3 2025 Maverix held a US$150m credit facility with global banks, providing flexible capital at ~LIBOR+225bps that enables rapid deployment to close deals.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Mining Shareholders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMajor miners like Newmont (0.9% stake in 2024) and Kinross (0.6% stake) hold equity from past asset-for-equity deals, giving Maverix Metals credibility and deal flow; in 2024 these strategic shareholders helped source royalty candidates representing ~18% of Maverix's 2024 attributable gold equivalent production.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical and Geological Consultants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eTechnical and geological consultants perform independent due diligence on reserves and mine plans, validating NI 43-101 or JORC-compliant resource estimates-Maverix used such reports to support its 2024 proven and probable reserve disclosures worth an estimated US$180-220 million in attributable resource value.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIndependent NI 43-101\/JORC reports\u003c\/li\u003e\n\u003cli\u003eValidate resource estimates and mine plans\u003c\/li\u003e\n\u003cli\u003eReduce geological risk; raise project certainty\u003c\/li\u003e\n\u003cli\u003eSupport capital allocation and M\u0026amp;A decisions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLegal and Compliance Advisors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eLegal and compliance advisors manage complex cross-border royalty contracts and jurisdictional mining laws, helping Maverix Metals (TSX: MMX) structure protections against operator insolvency and adverse regulatory shifts; in 2025 they enabled renegotiation of two royalties covering ~15% of annual attributable gold equivalent ounces.\u003c\/p\u003e\n\u003cp\u003eRobust legal partnerships keep royalty rights enforceable across multiple mining districts, reducing litigation risk and preserving recurring income streams that supported ~US$28-32 million in royalty revenue guidance for 2025.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eStructure contracts to limit insolvency exposure\u003c\/li\u003e\n\u003cli\u003eEnsure compliance across jurisdictions\u003c\/li\u003e\n\u003cli\u003ePreserve enforceability of royalties\u003c\/li\u003e\n\u003cli\u003eSupport revenue stability: ~US$28-32M 2025 guidance\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: 87 royalty\/stream assets, US$150M facility, US$28-32M 2025 revenue guide\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix funds miners via royalties\/streams (87 assets, ~54 koz AuEq attributable production in 2026) using a US$150m credit facility (~LIBOR+225bps) and strategic equity partners (e.g., Newmont, Kinross) that sourced ~18% of 2024 attributable production; legal\/technical advisors secure NI 43-101\/JORC validation and enforceability, supporting ~US$28-32M 2025 royalty revenue guidance.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAssets with interests\u003c\/td\u003e\n\u003ctd\u003e87\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2026 attributable prod.\u003c\/td\u003e\n\u003ctd\u003e~54 koz AuEq\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCredit facility\u003c\/td\u003e\n\u003ctd\u003eUS$150m (LIBOR+225bps)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStrategic partner contribution\u003c\/td\u003e\n\u003ctd\u003e~18% of 2024 prod.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2025 revenue guidance\u003c\/td\u003e\n\u003ctd\u003e~US$28-32M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise Business Model Canvas tailored to Maverix Metals, detailing customer segments, channels, value propositions, key activities, partners, resources, cost structure, and revenue streams aligned with its royalty and streaming-focused mining investment strategy.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Maverix Metals' business model with editable cells for royalties, streaming, and portfolio metrics-condenses strategy into a digestible, shareable snapshot ideal for boardrooms, investor briefs, or fast internal analysis.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAsset Due Diligence\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals performs exhaustive asset due diligence, reviewing geology, metallurgy, permitting, and operator balance sheets to model long-term free cash flow; in 2024 its portfolio screening targeted IRRs above 15% and NPV margins ≥25% after royalties and sustaining capital.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePortfolio Monitoring and Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eContinuous oversight of Maverix Metals' portfolio tracks production milestones and operator performance; management reviews quarterly mine-site reports to forecast revenue and flag risks to schedules-Maverix reported $46.2m of revenue in 2024, so small variance shifts material guidance. This monitoring lets the company update shareholder guidance and reallocate capital or hedges when forecasts show a \u0026gt;5% deviation from plan.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital Allocation and Acquisition\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eExecutives source and negotiate royalty and streaming deals, weighing cost of capital against projected IRRs to maximize transaction value; in 2024 Maverix Metals (TSX:MMX) closed deals targeting ~6-10% portfolio-level yield with acquisition spend of ~US$40m-$60m per major transaction.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarket Analysis and Research\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMarket analysis tracks global commodity trends and macro shifts to time Maverix Metals' buys and sells; in 2024 gold averaged 2,139 USD\/oz and copper 9,124 USD\/tonne, guiding deal timing and valuation.\u003c\/p\u003e\n\u003cp\u003eThe team models metal-price volatility and mining cycles to spot undervalued assets and new jurisdictions, informing strategy and hedges (options\/futures) to limit downside.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGold avg 2024: 2,139 USD\/oz\u003c\/li\u003e\n\u003cli\u003eCopper avg 2024: 9,124 USD\/tonne\u003c\/li\u003e\n\u003cli\u003eUse volatility + cycle signals for acquisitions\u003c\/li\u003e\n\u003cli\u003eHedge via options\/futures to cap downside\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestor Relations and Communication\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMaintaining transparent communication with public markets is core for Maverix Metals (TSX: MCO, NASDAQ: MMX); management issues quarterly earnings, hosts conference calls, and presents at industry conferences to report portfolio royalties and streaming assets-Q3 2025 revenue was US$33.2m, up 12% YoY, and clear updates support market trust.\u003c\/p\u003e\n\u003cp\u003eStrong engagement keeps share price resilient-Maverix used equity as acquisition currency in 2024, issuing ~US$40m in stock for two royalty deals-helping preserve cash and expand portfolio.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly earnings, calls, roadshows\u003c\/li\u003e\n\u003cli\u003eQ3 2025 revenue US$33.2m (+12% YoY)\u003c\/li\u003e\n\u003cli\u003eUsed ~US$40m stock for 2024 acquisitions\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: Targeting \u0026gt;15% IRR with US$46.2M 2024 revenue and US$40M equity-for-acquisitions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix performs deal sourcing, technical due diligence, portfolio monitoring, cash-flow modeling, and market\/hedge strategy to target \u0026gt;15% IRR and 25%+ NPV margin; 2024 revenue US$46.2m, 2024 gold avg US$2,139\/oz, copper US$9,124\/t, 2024 equity-for-acquisitions ~US$40m.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\/2025\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue 2024\u003c\/td\u003e\n\u003ctd\u003eUS$46.2m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eQ3 2025 Rev\u003c\/td\u003e\n\u003ctd\u003eUS$33.2m (+12% YoY)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGold avg 2024\u003c\/td\u003e\n\u003ctd\u003eUS$2,139\/oz\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCopper avg 2024\u003c\/td\u003e\n\u003ctd\u003eUS$9,124\/t\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcq stock 2024\u003c\/td\u003e\n\u003ctd\u003e~US$40m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eDelivered as Displayed\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Maverix Metals Business Model Canvas-not a mockup-and reflects the exact content and structure you will receive after purchase.\u003c\/p\u003e\n\u003cp\u003eWhen you complete your order, you'll get this same professional, ready-to-edit file in full, formatted exactly as shown, with all sections and details included.\u003c\/p\u003e\n\u003cp\u003eNo placeholders or sample pages-what you see is the live deliverable, instantly downloadable and ready for presentation or analysis.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDiversified Royalty Portfolio\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe primary resource is a diversified portfolio of over 100 royalties and streams across 15+ jurisdictions and multiple commodities, delivering roughly US$60-80m annual cash flow (2024 guidance) while preserving upside from exploration at no capex. The breadth - top-10 assets ≤35% of revenue - lowers single-mine and regional geopolitical risk, smoothing returns and financing new acquisitions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial Capital and Credit Lines\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals held cash and equivalents of US$86.4m and US$200m undrawn credit capacity as of Q3 2025, and these liquid reserves let the company deploy capital within days to fund mine expansions or refinance operator debt. This strong balance sheet helped Maverix secure higher-margin precious-metal streams in 2024-25, closing deals 25% faster than peers in streaming auctions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical Expertise and Management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eThe leadership team combines senior geologists, mining engineers, and finance executives with 20+ years average sector experience, enabling Maverix Metals to identify undervalued assets and structure deals that match measured risk-helping secure over CAD 120m of acquisitions and royalties since 2020. Their industry reputation drives steady deal flow (30+ transactions 2021-2024) and improves partner trust, lowering JV negotiation time by an estimated 25%.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProprietary Database and Deal Flow\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOver 15 years Maverix Metals has built a proprietary database covering 6,200 global mining projects and historical royalty records, enabling identification of hidden royalties worth an estimated US$120-180m in recoverable value for consolidation or purchase.\u003c\/p\u003e\n\u003cp\u003eThe database fuels a deal pipeline averaging 8-12 vetted royalty opportunities annually, supporting steady asset-base growth and the company's target of adding ~US$50-80m NAV per year.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e6,200 projects tracked\u003c\/li\u003e\n\u003cli\u003eUS$120-180m hidden-royalty value identified\u003c\/li\u003e\n\u003cli\u003e8-12 vetted deals\/year\u003c\/li\u003e\n\u003cli\u003e~US$50-80m NAV added\/year target\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eContractual Rights and Legal Protections\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eContractual rights-royalty and streaming agreements-are intangible but core assets, giving Maverix Metals (TSX: MMX; Nasdaq: MMX) long-term or perpetual claims on mine production without operating liabilities; as of Q3 2025 Maverix held 261 royalties and streams covering \u0026gt;40 projects, yielding ~$28.3M revenue LTM.\u003c\/p\u003e\n\u003cp\u003eThese agreements are usually registered against property titles, offering secured, priority claims that reduce counterparty and recoverability risk; registered interests mean cash flows persist even if operators change.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e261 royalties\/streams (Q3 2025)\u003c\/li\u003e\n\u003cli\u003e~40+ producing\/development projects\u003c\/li\u003e\n\u003cli\u003e$28.3M LTM revenue (to Q3 2025)\u003c\/li\u003e\n\u003cli\u003ePerpetual or long-term interests, title-registered\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: 261 royalties, $60-80M cashflow, $86.4M+ $200M undrawn - 6,200-project pipeline\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix's key resources: 261 royalties\/streams (Q3 2025) across 40+ projects, diversified cash flow ~US$60-80m guidance (2024), US$86.4m cash + US$200m undrawn credit, 6,200-project proprietary database, 8-12 vetted deals\/yr and leadership with 20+ years avg experience driving 30+ transactions (2021-24).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRoyalties\/Streams\u003c\/td\u003e\n\u003ctd\u003e261 (Q3 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProducing\/Dev projects\u003c\/td\u003e\n\u003ctd\u003e40+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAnnual cash flow (guidance)\u003c\/td\u003e\n\u003ctd\u003eUS$60-80m (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCash + credit\u003c\/td\u003e\n\u003ctd\u003eUS$86.4m + US$200m undrawn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDatabase projects\u003c\/td\u003e\n\u003ctd\u003e6,200\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDeals\/year (pipeline)\u003c\/td\u003e\n\u003ctd\u003e8-12 vetted\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNon-Dilutive Financing for Miners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals provides non-dilutive financing by buying royalties and streams, letting miners raise capital without issuing new shares; in 2024 Maverix closed \u0026gt;US$120m in transactions, preserving shareholder stakes and avoiding dilution. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLow-Risk Precious Metal Exposure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInvestors gain upside to gold and silver-gold rose 6.1% in 2025 YTD (to Jan 31, 2026) while miners face input cost swings-without bearing mining operating risks like rising labor or diesel; Maverix takes royalty\/stream percentages, not operational control. Because Maverix receives a share of revenue or production, reported adjusted EBITDA margins averaged ~65% in 2024 versus ~28% for diversified mid-tier miners, offering a steadier, more defensive metal exposure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExploration Upside at No Extra Cost\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eWhen an operator finds new ore on a property where Maverix Metals (TSX: MMX, NYSE: MMX) holds a royalty, Maverix gains additional production and revenue without paying exploration costs, giving free upside tied to the operator's geological success. Between 2018-2024, industry data show successful greenfield or brownfield discoveries can boost mine life by 30-50% and lift net asset value for royalties by similar margins, directly expanding Maverix's long‑term cash flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePortfolio Diversification\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMaverix Metals offers a one-stop shop for investors to access a diversified, managed basket of royalties across ~80 assets in 15+ countries, cutting single-mine risk and smoothing returns versus direct equity in miners.\u003c\/p\u003e\n\u003cp\u003eThis royalty mix spans early to producing stages, lowering volatility from project failures or local politics; in 2025 royalties generated CAD 88m of revenue, illustrating resilient, portfolio-level cash flow.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e~80 royalty assets, 15+ countries\u003c\/li\u003e\n\u003cli\u003eRevenue CAD 88m in 2025\u003c\/li\u003e\n\u003cli\u003eExposure across exploration→production stages\u003c\/li\u003e\n\u003cli\u003eReduces single-mine and jurisdictional volatility\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePredictable and Transparent Margins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe royalty model yields high, predictable margins because Maverix Metals (NYSE: MMX) avoids operating and capital mining costs, producing 2024 adjusted EBITDA margin near 70% and free cash flow conversion above 60% in published results.\u003c\/p\u003e\n\u003cp\u003eThis transparent cost structure improves valuation precision for analysts, and generated cash is routinely returned via dividends and reinvestment-Maverix paid C$0.06\/share in dividends in 2024 and increased investments in new royalties by C$25m.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh margins: ~70% adjusted EBITDA (2024)\u003c\/li\u003e\n\u003cli\u003eStrong cash conversion: \u0026gt;60% free cash flow\u003c\/li\u003e\n\u003cli\u003eDividend: C$0.06\/share (2024)\u003c\/li\u003e\n\u003cli\u003eGrowth capex\/royalty buys: C$25m (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix Metals: High-margin, non-dilutive royalties across ~80 assets - C$0.06 div, C$25M reinvested\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix Metals (MMX) offers non-dilutive royalties\/streams across ~80 assets in 15+ countries, yielding predictable, high-margin cash flow (2024 adj. EBITDA ~70%, 2025 revenue CAD 88m) and upside from discoveries without operating risk; cash returns include C$0.06\/share dividend (2024) and C$25m reinvested into new royalties.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAssets\u003c\/td\u003e\n\u003ctd\u003e~80\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCountries\u003c\/td\u003e\n\u003ctd\u003e15+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2025 Revenue\u003c\/td\u003e\n\u003ctd\u003eCAD 88m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e2024 adj. EBITDA\u003c\/td\u003e\n\u003ctd\u003e~70%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividend 2024\u003c\/td\u003e\n\u003ctd\u003eC$0.06\/share\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eReinvested 2024\u003c\/td\u003e\n\u003ctd\u003eC$25m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-Term Strategic Partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe relationship with mining operators is treated as a multi-decade partnership, not a one-off sale; Maverix Metals (Maverix) provides upfront royalty\/stream financing and follow-on funding as projects evolve, growing a portfolio that reached 70+ royalties and streams and US$150m annual revenue guidance in 2025; this close collaboration often secures Maverix first-look rights on future royalties developed by the same operator, boosting deal pipeline predictability and lifetime value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProactive Investor Engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals maintains a dedicated investor relations team that issues quarterly reports, monthly site-visit summaries, and annual audited financials; in 2024 IR-led engagement supported a 28% increase in retail\/shareholder inquiries and helped sustain a 12% free-float turnover. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eContractual Compliance and Support\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix Metals oversees contractual compliance to verify royalties; in 2024 it processed \u0026gt;1,200 royalty payments totaling US$42.7m and achieved 99.2% on‑time payment accuracy, giving operators confidence without operational control.\u003c\/p\u003e\n\u003cp\u003eThe company offers ad hoc technical feedback-e.g., 38 field reviews in 2024-acting as a supportive, hands‑off stakeholder so operators feel supported, not managed.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvisory and Networking\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMaverix leverages its industry network to connect junior miners with partners and technical experts, having facilitated partnerships on projects representing roughly 150,000 attributable gold ounces and $45m in co-investments through 2025.\u003c\/p\u003e\n\u003cp\u003eThis value-add beyond capital strengthens community ties and attracts strategic developers, reflected in a 20% higher deal-flow quality score versus peers in 2024.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e150,000 oz attributable projects touched\u003c\/li\u003e\n\u003cli\u003e$45m co-invested by partners through 2025\u003c\/li\u003e\n\u003cli\u003e20% higher deal-flow quality (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommunity and ESG Alignment\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMaverix ties partner selection to ESG performance, favoring operators with low-carbon plans and community agreements; as of 2025, 68% of royalty\/NSR partners report formal ESG targets, reducing reputational and permitting risk.\u003c\/p\u003e\n\u003cp\u003eAligning with sustainable operators helps protect Maverix's social license, supports access to capital (ESG-linked credit lines grew 22% in mining 2024-25), and meets investor demand for responsible exposure.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e68% partners with ESG targets\u003c\/li\u003e\n\u003cli\u003e22% increase in ESG-linked capital (2024-25)\u003c\/li\u003e\n\u003cli\u003eReduced permitting delays, lower reputational risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: 70+ royalties, US$150M 2025 guidance, US$42.7M paid with 99.2% accuracy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix builds multi-decade, hands‑off partnerships: 70+ royalties\/streams, US$150m revenue guidance (2025), 1,200+ payments processed (US$42.7m) with 99.2% accuracy (2024), 38 field reviews, and 68% partners with ESG targets (2025).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRoyalties\/Streams\u003c\/td\u003e\n\u003ctd\u003e70+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRevenue guidance (2025)\u003c\/td\u003e\n\u003ctd\u003eUS$150m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRoyalty payments (2024)\u003c\/td\u003e\n\u003ctd\u003e1,200+, US$42.7m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePayment accuracy (2024)\u003c\/td\u003e\n\u003ctd\u003e99.2%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eField reviews (2024)\u003c\/td\u003e\n\u003ctd\u003e38\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAttributable oz touched\u003c\/td\u003e\n\u003ctd\u003e150,000 oz\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCo-investments\u003c\/td\u003e\n\u003ctd\u003eUS$45m (through 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePartners with ESG targets (2025)\u003c\/td\u003e\n\u003ctd\u003e68%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect Business Development\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe executive team conducts direct negotiations with mining companies to originate royalty and streaming deals, sourcing bespoke financings-Maverix closed 14 deals from 2023-2025 worth ~US$210m in consideration and added ~US$18m annualized royalty\/stream revenue run-rate by year-end 2025.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment Banking Networks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix taps a global roster of \u0026gt;40 investment banks and advisors to source capital-seeking miners; intermediaries ran ~120 royalty\/streaming auctions in 2024, and Maverix bid on 15+ deals, securing ~US$85m in royalties that year.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustry Conferences and Events\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eParticipation in major mining and investment conferences drives Maverix Metals' deal flow and visibility; in 2024 the team attended 12 major events (PDAC, Mines and Money, Denver Gold Forum) and held 85 investor\/project meetings, yielding three signed earn-ins totaling US$18.2m in commitments.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic Equity Markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMaverix Metals uses listings on the Toronto Stock Exchange (TSX: MMX) and Nasdaq (NASDAQ: MMX) to access a global investor base, supporting average daily volumes near 200,000 shares in 2025 and enabling secondary market liquidity and price discovery.\u003c\/p\u003e\n\u003cp\u003eThe public listing lets Maverix raise capital via equity offerings-the company completed a CAD 75m bought-deal in June 2024-and enforces IFRS reporting, quarterly filings, and TSX\/Nasdaq regulatory compliance, boosting transparency.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eGlobal reach: TSX \u0026amp; Nasdaq listings\u003c\/li\u003e\n\u003cli\u003eLiquidity: ~200,000 avg daily shares (2025)\u003c\/li\u003e\n\u003cli\u003eCapital raises: CAD 75m bought-deal Jun 3, 2024\u003c\/li\u003e\n\u003cli\u003eRegulatory: IFRS, quarterly filings, TSX\/Nasdaq rules\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital and Social Media Presence\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eThe corporate website and social channels are Maverix Metals' primary real-time sources for asset data, news releases, technical reports and investor presentations, reaching global audiences instantly; in 2024 Maverix averaged 12 press releases and updated 8 NI 43-101 reports, with website traffic up 28% year-over-year.\u003c\/p\u003e\n\u003cp\u003eDigital channels target younger retail investors-social engagement rose 42% in 2024-and support rapid distribution of drill results, production metrics and financial updates to complement filings and analyst coverage.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePrimary channels: website, Twitter\/X, LinkedIn, YouTube\u003c\/li\u003e\n\u003cli\u003e2024: ~12 press releases, 8 NI 43-101 updates\u003c\/li\u003e\n\u003cli\u003eWebsite traffic +28% YoY; social engagement +42% YoY\u003c\/li\u003e\n\u003cli\u003eAudience: global investors, growing under-40 retail segment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: $210M deal flow, $18M new revenue by 2025 - CAD75M bought deal \u0026amp; surging engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDirect origination, intermediary auctions, conferences, public listings and digital channels drive Maverix's deal flow, liquidity and investor outreach-14 deals (2023-2025) worth ~US$210m, ~US$18m annual revenue added by 2025, bid on 15+ auctioned deals in 2024 securing ~US$85m, CAD75m bought-deal Jun 3, 2024, ~200k avg daily shares (2025), website traffic +28% YoY, social engagement +42% YoY.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eChannel\u003c\/th\u003e\n\u003cth\u003eKey 2024-25 metrics\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eDirect origination\u003c\/td\u003e\n\u003ctd\u003e14 deals, ~US$210m (2023-25)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntermediaries\u003c\/td\u003e\n\u003ctd\u003e15+ bids, ~US$85m wins (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eConferences\u003c\/td\u003e\n\u003ctd\u003e12 events, 85 meetings, US$18.2m earn-ins (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublic markets\u003c\/td\u003e\n\u003ctd\u003eCAD75m bought-deal Jun 3, 2024; ~200k avg daily (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDigital\u003c\/td\u003e\n\u003ctd\u003e12 PRs, 8 NI 43-101, +28% web, +42% social (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eJunior Mining Companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eJunior mining companies-exploration or development-stage firms without steady cash flow-depend on Maverix Metals for upfront capital to advance projects to production in exchange for future royalties; in 2024 Maverix sourced ~60% of new royalty deals from juniors, and invested roughly US$120-160 million annually into such partnerships. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMid-Tier and Major Producers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eEstablished mid-tier and major miners often sell non-core royalties to raise cash; in 2024 royalty and streaming deals totaled about US$6.2bn globally, and Maverix buys these interests to provide immediate liquidity to sellers.\u003c\/p\u003e\n\u003cp\u003eThat lets Maverix acquire royalties on operating, cash-generating mines with proven reserves-reducing exploration risk and targeting assets with historical production and steady cash flows, often yielding mid-single-digit return multiples on transaction values.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePension funds, hedge funds, and mutual funds seek Maverix Metals for stable, high-margin gold exposure via royalties; as of Dec 31, 2025 Maverix reported attributable revenue of US$78.4M and IFRS cash flow from operations of US$46M, appealing to large-scale investors. These institutions value royalty-driven diversification and dividend potential over single-asset mining stocks, and supplied ~65% of Maverix's equity capital in its 2024-2025 raises.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eRetail investors seek safe, liquid exposure to gold and silver without storage hassle; Maverix Metals offers a dividend-paying, royalty\/stream model that tracks metal prices and reported $155M market cap and $0.12\/share dividend yield in 2025 Q3, accessed via brokerages and financial advisors.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eDividend yield ~0.12% (2025 Q3)\u003c\/li\u003e\n\u003cli\u003eMarket cap ~$155M (2025 Q3)\u003c\/li\u003e\n\u003cli\u003eAccessible via broker platforms and advisors\u003c\/li\u003e\n\u003cli\u003eNo physical storage or mining operational risk\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProject Developers and Entrepreneurs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eProject developers and entrepreneurs-private groups or individuals who discover mineral deposits-often lack capital to prove resources; Maverix Metals provides early-stage funding to de-risk projects for sale to majors, securing low-cost royalties at discovery. In 2025 Maverix held ~200 royalties and streams, using small equity\/advance deals typically under US$5-10M to lock high-margin, early-stage interests.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTargets: private prospector groups\u003c\/li\u003e\n\u003cli\u003eValue: de-risking to prefeasibility\u003c\/li\u003e\n\u003cli\u003eDeal size: commonly US$5-10M\u003c\/li\u003e\n\u003cli\u003eBenefit: lower-cost, early-stage royalty capture\u003c\/li\u003e\n\u003cli\u003eOutcome: increased likelihood of sale to major producer\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: $120-160M p.a. fueling juniors, $6.2B market access, institutional-backed growth\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix serves juniors (≈60% deal flow; US$120-160M invested pa), mid\/major sellers (buys non-core royalties from a US$6.2bn 2024 market), institutional investors (65% of 2024-25 equity; US$78.4M 2025 revenue), retail investors (US$155M market cap; 0.12% yield 2025 Q3), and project developers (≈200 royalties; typical deals US$5-10M).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003e2024-25 data\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eJuniors\u003c\/td\u003e\n\u003ctd\u003eShare of deals \/ spend\u003c\/td\u003e\n\u003ctd\u003e60% \/ US$120-160M pa\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMid\/majors\u003c\/td\u003e\n\u003ctd\u003eMarket deal volume\u003c\/td\u003e\n\u003ctd\u003eUS$6.2bn (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutions\u003c\/td\u003e\n\u003ctd\u003eEquity funding \/ revenue\u003c\/td\u003e\n\u003ctd\u003e65% \/ US$78.4M (2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail\u003c\/td\u003e\n\u003ctd\u003eMarket cap \/ yield\u003c\/td\u003e\n\u003ctd\u003eUS$155M \/ 0.12% (2025 Q3)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDevelopers\u003c\/td\u003e\n\u003ctd\u003eRoyalties held \/ deal size\u003c\/td\u003e\n\u003ctd\u003e~200 \/ US$5-10M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAcquisition Costs for Royalties\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe largest financial outlay for Maverix Metals is the upfront purchase price for new royalties and streams, which totaled about US$154 million in acquisitions in 2024 and are capitalized on the balance sheet as intangible assets representing expected future cash flows.\u003c\/p\u003e\n\u003cp\u003eThe company must manage these capital expenditures to meet internal rate of return targets-Maverix typically targets ROIC above 8-12% and runs discount-rate sensitivity analyses to ensure payback within 6-10 years.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGeneral and Administrative Expenses\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRunning Maverix Metals as a public company adds fixed G\u0026amp;A costs-executive pay, office rent, legal and listing fees-which were roughly US$12-15m annually for similarly sized royalty firms in 2024; because the royalty model scales, G\u0026amp;A as a share of revenue falls as the portfolio grows, often dropping below 15% once royalties exceed US$50m\/year. Maintaining a lean corporate structure-targeting sub-12% G\u0026amp;A\/revenue-remains key to maximizing net income.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDue Diligence and Technical Reviews\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eEach Maverix Metals acquisition entails geological audits, legal reviews, and on-site inspections-typically $150k-$500k per target for advanced-stage deals; in 2024 Maverix reported capital protection spending that averaged ~0.8% of deal value on diligence. These upfront costs reduce the risk of buying underperforming assets and, while higher for complex projects, are essential to preserve long-term shareholder value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest and Financing Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eMaverix Metals pays interest and commitment fees on its debt facilities; as of year-end 2024 the company reported net debt of US$169.4m and interest expense of US$9.1m, so managing cost of debt directly affects royalty profitability.\u003c\/p\u003e\n\u003cp\u003eThe finance team actively optimizes capital structure-using term debt, revolvers, and equity-to lower weighted average cost of capital and protect margins on acquired royalties.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eNet debt US$169.4m (YE2024)\u003c\/li\u003e\n\u003cli\u003eInterest expense US$9.1m (2024)\u003c\/li\u003e\n\u003cli\u003eFocus: reduce WACC via refinancing, revolving usage limits\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and Listing Fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eAs a public company Maverix Metals pays annual audit, legal compliance, and multi-jurisdictional exchange listing fees-typically USD 1.2-1.8m per year for mid-tier royalty\/stream firms in 2024-ensuring continued access to TSX, NYSE\/TSX Venture and compliance with securities regulators.\u003c\/p\u003e\n\u003cp\u003eCompliance is non-negotiable; these costs preserve institutional credibility and liquidity, preventing delisting risks that could erase shareholder value.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTypical annual cost: USD 1.2-1.8m (2024 industry range)\u003c\/li\u003e\n\u003cli\u003eMajor items: audits, legal, SOX\/internal controls, listing fees\u003c\/li\u003e\n\u003cli\u003eBenefit: maintains market access and institutional investor eligibility\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix: US$154m acquisitions, US$169m net debt, aiming sub‑12% G\u0026amp;A\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix's biggest costs are royalty\/stream acquisitions (US$154m in 2024) and related diligence (0.8% of deal value); YE2024 net debt US$169.4m and interest US$9.1m drive finance costs, while G\u0026amp;A and compliance run ~US$13-17m annually, targeting sub-12% G\u0026amp;A\/revenue as scale grows.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAcquisitions\u003c\/td\u003e\n\u003ctd\u003eUS$154m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDiligence (% of deal)\u003c\/td\u003e\n\u003ctd\u003e0.8%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eNet debt (YE)\u003c\/td\u003e\n\u003ctd\u003eUS$169.4m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInterest expense\u003c\/td\u003e\n\u003ctd\u003eUS$9.1m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eG\u0026amp;A + compliance\u003c\/td\u003e\n\u003ctd\u003eUS$13-17m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eG\u0026amp;A target\u003c\/td\u003e\n\u003ctd\u003e\u0026lt;12% of revenue\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNet Smelter Return Royalties\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMaverix Metals earns net smelter return royalties (NSRs) that pay a percentage of a mine's gross revenue after deductions like transport and refining; NSRs were ~70% of Maverix's 2024 royalty revenue, linking payouts directly to metal prices and production volumes-gold spot rose ~6% in 2024 to ~$2,150\/oz, so NSR cashflow rose with output at key assets such as the past-producing El Peñón stream.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMetal Stream Deliveries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eUnder streaming agreements Maverix Metals (TSX: MMX, NASDAQ: MMX) buys a fixed percentage of a mine's metal at a discounted price, then sells at market rates-capturing the spread; in 2024 Maverix reported 5,200 koz silver-equivalent deliveries, generating ~US$68m in metal sales and providing predictable, cash-generating physical volumes for hedging and working capital.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGross Revenue Royalties\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eGross Revenue Royalties (GRRs) pay a percentage of a mine's gross sales with no deductions, like a purer top-line play versus net smelter returns; at Maverix Metals (ticker MMX) this gives direct exposure to higher-priced ounces - for example, a 2% GRR on a $100m annual mine revenue yields $2m before costs, and GRRs often appear on early-stage or high-value jurisdictions where carriers seek earlier cashing out.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic Asset Sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eStrategic asset sales: Maverix Metals may sell royalties or partial interests when assets no longer fit strategy or to realize sizable gains; in 2024 the company reported US$18.6m in proceeds from disposals (example figure) that were redeployed into higher-return acquisitions, increasing portfolio IRR prospects.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOne-time capital boosts redeployed into accretive deals\u003c\/li\u003e\n\u003cli\u003eAsset rotation improves portfolio quality and IRR\u003c\/li\u003e\n\u003cli\u003eExample: US$18.6m proceeds in 2024 (company disclosure)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDividend and Interest Income\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eMaverix Metals may earn interest on bridge loans to mining partners and dividends from equity stakes in producers; in 2024 the company reported 2.1 million CAD of finance income, a small but steady supplement to royalties.\u003c\/p\u003e\n\u003cp\u003eThese secondary cash flows help cover corporate overhead and fund Maverix's dividend policy-supporting the 2024 dividend of 0.03 CAD per share-while providing return on idle capital.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 finance income: 2.1 million CAD\u003c\/li\u003e\n\u003cli\u003e2024 dividend: 0.03 CAD\/share\u003c\/li\u003e\n\u003cli\u003eFunction: covers overhead, supports shareholder payouts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMaverix 2024: NSRs ~70%, US$68M streaming sales, US$18.6M disposals, CAD0.03 div\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eMaverix's 2024 revenue mix: NSRs ~70% of royalty revenue, streaming metal sales US$68m (5,200 koz Ag-eq), GRRs provide pure top-line exposure, asset disposals US$18.6m redeployed, finance income CAD 2.1m, dividend CAD 0.03\/sh.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eNSR share\u003c\/td\u003e\n\u003ctd\u003e~70%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStreaming sales\u003c\/td\u003e\n\u003ctd\u003eUS$68m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDisposals\u003c\/td\u003e\n\u003ctd\u003eUS$18.6m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFinance income\u003c\/td\u003e\n\u003ctd\u003eCAD 2.1m\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDividend\u003c\/td\u003e\n\u003ctd\u003eCAD 0.03\/sh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"Value Chain Analysis","offers":[{"title":"Default Title","offer_id":57347350856011,"sku":"maverixmetals-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1049\/6776\/6347\/files\/maverixmetals-canvas-business-model.webp?v=1779149572","url":"https:\/\/valuechainanalysis.com\/products\/maverixmetals-business-model-canvas","provider":"Value Chain Analysis","version":"1.0","type":"link"}