Maverix Metals Provides Corporate Update

About this update from Mustang Minerals Limited

[{"type":"text","content":"\n\n\n\nMaverix Metals Provides Corporate Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 24, 2020\n\n\n\nVANCOUVER, March 24, 2020 /CNW/ - Maverix Metals Inc. (the \"Company\" or \"Maverix\") (NYSE American & TSX: MMX) is providing an update to its shareholders in light of the evolving and unpredictable impacts of the outbreak of COVID-19 as it relates to the Company's royalty and stream interests. \n\n \n \n \n \n \n \n\n \nAs the situation regarding COVID-19 is ever-changing, Maverix is unable to determine the impacts that it will have on global mining production levels for the year and has made the decision to withdraw the Company's 2020 attributable gold equivalent ounce guidance. To date, no specific announcements have been made by any of Maverix's operating partners indicating a material impact on the mining operations on which the Company currently holds a royalty or stream. As circumstances surrounding COVID-19 continue to develop it is reasonable to anticipate that some of Maverix's assets could be impacted.\nMaverix will continue to monitor the situation closely and update the market as additional information becomes available.\nAbout Maverix\nMaverix 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 continuing to add new precious metals royalties and streams. Its shares trade on both the NYSE American and the TSX under the ticker symbol \"MMX\".\nCautionary statements to U.S. investors \nThe financial information included or incorporated by reference in this press release or the documents referenced herein has been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from US generally accepted accounting principles (\"US GAAP\") in certain material respects, and thus are not directly comparable to financial statements prepared in accordance with US GAAP. \nInformation contained or referenced in this press release or ...

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