 Maverix Metals Inc. NYSE American TSX: MMX the Company or Maverix and Pan American Silver Corp. NASDAQ TSX: PAAS Pan American announce that they have entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. and PI Financial Corp. the Underwriters, pursuant to which Pan American will undertake an overnight marketed public offering of 9,000,000 common shares of Maverix currently held by Pan American the Secondary Offering. In addition, Pan American will grant the Underwriters an over-allotment option the Over-Allotment Option to purchase up to an additional 15 of the number of shares of Maverix sold in the Secondary Offering for up to 30 days after the closing, on the same terms and conditions as the Secondary Offering. 