The move will widen the Vancouver-based company’s appeal to US investors and improve liquidity.
“We welcome Maverix Metals to an impressive roster of more than 140 Canadian companies that cross-trade their shares on the OTCQX Market to provide enhanced transparency for their US investors," said Jason Paltrowitz, executive vice-president of corporate services at OTC Markets Group in a statement.
Founded in 2016 by Chairman Geoff Burns and CEO Daniel O’Flaherty, Maverix’s aim is to deliver shareholder returns through building an attractive precious metals royalty and streaming portfolio.
It now has 79 royalties and streams to its name (mainly focused on gold), of which 12 of the royalties and streams are on mines that are currently producing. These 79 royalties span 15 countries, but the vast majority are in mining friendly jurisdictions.
Maverix shares closed up 3.9% to finish at C$2.69 in Canadian trade on Friday.
Contact Ellen Kelleher at [email protected]