Brief: Maverix Shareholders Approve Arrangement With Triple Flag Precious Metals Corp

Triple Flag Precious Metals

13/01/2023 24:39

Jan 12 (Reuters) - Maverix Metals Inc  MMX.TO :
    * MAVERIX SHAREHOLDERS APPROVE ARRANGEMENT WITH TRIPLE FLAG
PRECIOUS METALS CORP.
    * MAVERIX METALS  - UNDER ARRANGEMENT, MAVERIX ABLE TO ELECT
TO
RECEIVE EITHER US$3.92 IN CASH OR 0.360 OF A SHARE OF TRIPLE
FLAG PER MAVERIX SHARE HELD
    * CANADIAN COMPETITION BUREAU HAS ISSUED A "NO ACTION"
LETTER
CLEARING THE ARRANGEMENT UNDER CANADIAN COMPETITION LAW
    * A TOTAL OF 38,309,854 SHARES WILL BE TENDERED FOR CASH
CONSIDERATION REPRESENTING APPROXIMATELY 26% OF TOTAL ISSUED
    * MAVERIX METALS - FOLLOWING COMPLETION  MAVERIX EXPECTS TO
DELIST
ITS COMMON SHARES FROM TORONTO STOCK EXCHANGE AND NYSE AMERICAN
    * TOTAL OF 7,323,240 SHARES WILL BE TENDERED FOR SHARE
CONSIDERATION

Source text for Eikon:  ID:nCNW8LpDVa 
Further company coverage:  MMX.TO 
 ((Reuters.Briefs@thomsonreuters.com;))