Providing an upfront payment in return for the right to receive a percentage of future revenue generated from a mining operation
Providing an upfront payment in return for the right to purchase all or a fixed percentage of future gold or silver production generated from a mine at a pre-determined $/oz price
The upfront fixed cost of royalties and streams reduces the future risks of ongoing capital and operating costs by offering its shareholders both capital and operating cost certainty. Maverix supports the financing of mine operations by providing an advance payment, which can be used to fund expansion, development or exploration, without having to get directly involved in the process. This allows Maverix to hold a diverse asset base, retain significant leverage to precious metals prices and be exposed to unlimited upside exploration and expansion potential, with limited downside risk.
Our mission is to increase our underlying per share value by growing our portfolio with high quality precious metals royalties and streams that offer robust returns. Since our inception in 2016, we have acquired a portfolio of 80 royalties and streams across 16 countries, of which 13 of the underlying mines are currently producing. Our strong, cash-generating asset base and experienced team makes Maverix an opportunistic new vehicle to grow with.
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Chief Executive Officer
Mr. O’Flaherty co-founded Maverix Metals Inc. in 2016. He has over 10 years of investment banking and Executive Officer experience in the mining industry. Mr. O’Flaherty is currently an Executive and Director of Anthem United, and prior to that was an Executive Vice President of Corporate Development at Esperanza Resources. He was a director in the investment banking team of Scotia Capital in Vancouver focused exclusively on the metals and mining sector where he specialized in providing advice to clients on acquisitions, divestitures, mergers, and hostile takeover defenses as well as on equity and debt financings. Mr. O’Flaherty holds a Bachelor of Commerce degree, with honours, from the University of British Columbia.
Chief Financial Officer
Mr. Fargey brings additional experience to the Maverix team having previously served as Corporate Controller for another metal streaming and royalty company. In his previous role, Mr. Fargey was involved in financial reporting, tax compliance, public financings, tax structuring and integration of acquisitions, and managing the day-to-day accounting of the company. Prior to becoming a Corporate Controller, he was a Manager in the Audit and Assurance Group at PricewaterhouseCoopers LLP. Mr. Fargey holds Chartered Professional Accountant and Chartered Financial Analyst designations and has a Bachelor of Commerce from the University of Victoria.
C. WARREN BEIL
Mr. Beil is a practicing corporate and securities lawyer skilled in advising companies operating in the mining and natural resource sectors. Mr. Beil’s expertise includes securities law, regulatory and stock exchange compliance, capital markets transactions, including mergers and acquisitions, public offerings, asset purchases, options and joint ventures and stock exchange listings. Prior to joining Maverix Mr. Beil was the Vice President, Legal for two gold exploration companies. Mr. Beil began his career in private practice with a preeminent national law firm. After leaving private practice, Mr. Beil served as the General Counsel to a private venture capital company focused on the mining and natural resource sectors.
Mr. Beil holds a Juris Doctor from the University of Toronto and a Juris Doctor, with Honors, from Bond University on the Gold Coast of Australia. Mr. Beil is a practicing member of the Law Society of British Columbia.
VP Technical Services
Mr. Ward has over 25 years of mining experience with a focus on financial and strategic planning. He was the former Director of Business Development at Pan American Silver Corp. and previously the VP Corporate Development of Revett Minerals as well as Manager of Business Development and Senior Financial Analysis of Coeur d’Alene Mines and Technical Analyst for N.M. Rothschild & Sons. He earned his BSc. in Mining Engineering from the Colorado School of Mines and an MBA from the University of Denver.
VP Corporate Development
Mr. Bonney was a member of the investment banking group with Scotiabank Global Banking and Markets specializing in the metals and mining sector. While in investment banking, he assisted clients in assessing and executing on various strategic initiatives including mergers and acquisitions, asset divestitures, strategic investments as well as other forms of equity and debt financing. Mr. Bonney holds a Bachelor of Commerce (Honours) in Finance from the University of British Columbia.
Mr. Burns co-founded Maverix Metals Inc. in 2016. Previously, he served as President and CEO of Pan American Silver Corp. from May 2004 until December 2015, and was also a member of the Company’s Board of Directors. In his 30 plus years in the precious metals mining industry, Mr. Burns has gathered extensive experience throughout North and South America in both mine operations and project development having participated in many mine construction projects from the feasibility study into continuous operation. Throughout his career he has led or been a part of numerous capital market transactions raising in excess of $1.2 billion in equity, debt and convertible debt. During his tenure, Mr. Burns was instrumental in completing a number of key transformational acquisitions for Pan American. Mr. Burns holds a BSc. degree in Geology and an MBA.
J.C. STEFAN SPICER
Mr. Spicer has over 30 years of investment industry experience and was previously the Chairman, President and CEO of Central Fund of Canada Limited, positions he held from 1995 to January 2018. Central Fund traded on the NYSE and the TSX and passively held in excess of US$3.3 billion in unencumbered, allocated and physically segregated holdings of gold and silver bullion held in Canada.
DR. CHRIS BARNES
Dr. Barnes was Chief of Staff of Blind River Hospital in Ontario for 22 years. He is a practicing physician and was a former member of Blind River Hospital’s Board of Directors from 1990 to 2014. Dr. Barnes is a knowledgeable and skilled businessman with over 25 years of experience in capital markets investing. Dr. Barnes holds an MD degree from the University of Toronto.
Mr. Doyle is currently the Chief Financial Officer of Pan American Silver Corp., a position he has held since January 2004. He has a strong background in financial management, particularly in the metals market, after serving for 6 years as Senior Vice-President – Mining Finance and Metals Marketing with Standard Bank in New York. Mr. Doyle is a Chartered Accountant and a Chartered Financial Analyst and holds a B.Bus.Sc (Honours) Finance degree from the University of Cape Town.
Mr. Rhodes has been the Vice President, Corporate Development at Newmont Mining Corporation since January 2015. Mr. Rhodes joined Newmont Mining Corporation in 1996, having previously served in various roles including Senior Vice President, Indonesia and Vice President and General Counsel. Prior to joining Newmont, Mr. Rhodes was an Associate at the law firm of Kirkland & Ellis. He graduated from Iowa State University with a Bachelor’s degree in Business Administration and holds a Doctor of Jurisprudence degree from the University of Pennsylvania.
Mr. Penny is currently the Chief Financial Officer of Wallbridge Mining Company Limited. He has over 30 years of experience in financial management, strategic planning and financial reporting. Formerly, Mr. Penny held positions as the Executive Vice President and CFO of New Gold Inc, a multinational mining company, and as the Vice President of Finance and CFO of Kinross Gold Corporation. He’s also previously served as a member of the Board of Directors of Equinox Minerals Limited, Alamos Gold Inc. and Baffinland Iron Mines Limited.
Mr. Scott is Vice Chairman and Managing Director of CIBC Capital Markets. He has been involved in the majority of significant mining mergers and acquisitions and equity financing transactions completed in Canada during the last 30 years and has extensive contacts in the mining and banking industries globally.
575 – 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3A8
T: 604 449 9290