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Home News

CIBC, NBC Provide Upsize Maverix $120MM Facility

bynadine
September 24, 2019
in News

Maverix Metals has completed the increase to its revolving credit facility, allowing the company to borrow up to $120 million.

Canadian Imperial Bank of Commerce and National Bank of Canada led the financing. The Bank of Nova Scotia joined the syndicate. Maverix intends to use the increased facility for future royalty and stream acquisitions and general corporate purposes.

Maverix is a gold royalty and streaming company.

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