Maverix Metals adds to portfolio by acquiring royalty package from Barrick for 50 million

Maverix Metals President Ryan McIntyre joined Steve Darling from Proactive to share news the company has made a major purchase acquiring a portfolio of 22 royalties from Barrick Gold Corp for upfront cash of 50-million dollars U.S..
McIntyre telling Proactive this package includes royalties on development-, advanced-exploration- and exploration-stage projects. Most of them are located in Canada, the United States and Australia. This now adds assets that contain multimillion gold equivalent ounces of reserves and resources.