On July 11, 2016, Maverix Metals Inc. and Pan American Silver Corp. closed a plan of arrangement pursuant to which Maverix acquired 13 royalties, precious metals streams and payment agreements from Pan American. As part of the Arrangement, the Company has changed its name from MacMillan Minerals Inc. to Maverix Metals Inc. and consolidated its pre-Arrangement outstanding common shares on the basis of one post consolidation common share for each two pre-consolidation common shares.
Fred Pletcher and Julie Bogle of Borden Ladner Gervais LLP represented Pan American Silver Corp.
Gowling WLG represented Maverix Metals Inc. with a team led by Warren Beil that included Eshleen Panatch, Brett Kagetsu and Kathleen Ritchie.
Jeff Lightfoot and Patrick Haberl of Owen Bird Law Corporation were also counsel to Maverix Metals.