All amounts are in U.S. dollars unless otherwise indicated.
February 15, 2022, Vancouver, British Columbia – Maverix Metals Inc. (“Maverix” or the “Company”) (NYSE American
& TSX: MMX) is pleased to announce record attributable gold equivalent ounces1
(“GEOs”) of approximately 9,000 in the
fourth quarter of 2021 and a record of over 32,000 GEOs1
for the full year 2021, exceeding annual guidance of 31,000 GEOs1
,
which was increased in November 2021 from the original range of 27,000 to 30,000 GEOs1
.
Dan O’Flaherty, CEO of Maverix, commented, “Maverix had another successful year in 2021, recording over 32,000
attributable GEOs1
, which exceeded our guidance and established a new Company record, for the fifth consecutive year. In
2021, we also continued to expand our asset portfolio by completing three accretive transactions that added significant and
immediate cash flow to Maverix. We look forward to building on this performance in 2022 given the organic growth from
our existing portfolio, as well as from our active pipeline of royalty and stream acquisition opportunities.”
Mr. O’Flaherty continued, “I would also like to take this opportunity to congratulate the team at Orla on successfully
completing the construction of the Camino Rojo mine and achieving its first gold pour.” Maverix holds a 2% NSR royalty on
production from oxide and transitional ores from Camino Rojo.

Dividend
The Company is also pleased to announce that its Board of Directors has approved the payment of the quarterly cash dividend
of $0.0125 per common share. The dividend will be paid on or about March 15, 2022, to shareholders of record as of the close
of business on February 28, 2022.
This dividend is designated as an “eligible dividend” for the purposes of the Income Tax Act (Canada). Dividends paid by
Maverix to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.
The declaration, timing, amount and payment of future dividends remains at the discretion of Maverix’s Board of Directors.
1 Please refer to the Non-IFRS Measures section at the end of this press release.

About Maverix
Maverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets. Maverix’s
mission is to increase per share value by acquiring precious metals royalties and streams. Its shares trade on both the NYSE
American and the TSX under the symbol “MMX”.
For further information, please go to our website at www.maverixmetals.com