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Maverix Metals to Increase Credit Facility to US$120 Million
Maverix Metals to Increase Credit Facility to US$120 Million Canada NewsWire VAN...
About this update from Mustang Minerals Limited
[{"type":"text","content":"\n\n\n\nMaverix Metals to Increase Credit Facility to US$120 Million\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, Sept. 16, 2019\n\n\n\nVANCOUVER, Sept. 16, 2019 /CNW/ - Maverix Metals Inc. (the \"Company\" or \"Maverix\") (NYSE American: MMX, TSX: MMX) is pleased to announce that it has secured commitments to upsize its revolving credit facility to borrow up to US$120 million (the \"Increased Facility\").\n\n \n \n\n \nClosing of the Increased Facility is subject to completion of definitive documentation and satisfaction of conditions precedent customary for a financing of this nature. Maverix intends to use the Increased Facility for future royalty and stream acquisitions and general corporate purposes.\nMatt Fargey, CFO of Maverix, commented, \"This further increase to our revolving credit facility is supported by our strong and growing portfolio of royalties and precious metal streams and provides Maverix with additional liquidity to pursue further royalty and streaming opportunities.\"\nMaverix also announces that it has filed a final short form base shelf prospectus (the \"Final Prospectus\") with the securities regulatory authorities in each of the Provinces of Canada, except Quebec, and a corresponding shelf registration statement on Form F-10/A (the \"Shelf Registration Statement\") with the U.S. Securities and Exchange Commission (\"SEC\") under the Multijurisdictional Disclosure System, established between Canada and the United States. The Final Prospectus replaces a base shelf prospectus of the Company that will expire on October 6, 2019. Copies of the Final Prospectus and the Shelf Registration Statement can be found on SEDAR at www.sedar.com and EDGAR at www.sec.gov, respectively, or may be obtained by directing a request to Maverix at 510 Burrard Street, Suite 575, Vancouver, British Columbia, Canada, V6C 3A8, Attention: Corporate Secretary.\nThe Final Prospectus will, subject to the filing of a shelf prospectus supplement, allow for the potential offering of up to an aggregate of US$300,000,000 of Maverix's common sha...