Maverix Metals Announces Increased Revenue and Operating Cash Flow for the Second Quarter 2017
Maverix’s President & CEO, Mr. Dan O’Flaherty commented, “The second quarter of 2017 saw many of the assets on which we own royalties achieve record quarterly production. We expect continued revenue and cash flow growth from our portfolio in the second half of the year as multiple assets ramp up to full production capacity and the Moose River Consolidated project in Nova Scotia begins commissioning.” Mr. O’Flaherty continued, “With the loan facility and equity financings now completed, we have significant capital capacity to fund additional accretive acquisitions that will build the per share value of the Company.”