MaveriX

Triple Flag Announces Q1 2023 Results – Record GEOs and Operating Cash Flow

Retrieved on: 
Tuesday, May 9, 2023
Mining, Minerals, Natural Resources, GEOS, Young-Davidson mine, IPO, Noise, Resource, Silver, Elevation, NSR, EPA, Gold, EBITDA, Acquisition, MaveriX, River, Webcast, Adjustment, Cryptocurrency, Palladium, Beta Hunt Mine, Northparkes

The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.

Key Points: 
  • The first quarter of consolidated results after the closing of the Maverix transaction on January 19, 2023, has driven record financial results on many key financial metrics, including GEOs, revenue, operating cash flow and adjusted EBITDA.
  • Operating Cash Flow of 20 cents per share in Q1 2023 increased from 17 cents per share in Q1 2022.
  • Closing of Maverix Transaction: On January 19, 2023, Triple Flag successfully completed the acquisition of Maverix Metals Inc. (“Maverix”).
  • Upon closing of the transaction, existing Triple Flag and former Maverix shareholders owned approximately 78% and 22% of the pro forma outstanding shares of Triple Flag, respectively.

Newmont Completes Sale of Triple Flag Shares

Retrieved on: 
Wednesday, March 29, 2023
Communications, Natural Resources, Mining, Minerals, Public Relations, Investor Relations, Exercise, Partnership, Goldcorp, Sale, NEM, Corporation, Acquisition, NGT, TSX, NYSE, News, Security (finance), Newmont, MaveriX

Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it completed the sale of its common shares of Triple Flag Precious Metal Corp. (Triple Flag) on the open market for $179 million in net proceeds, after tax.

Key Points: 
  • Newmont Corporation (NYSE: NEM, TSX: NGT) today announced it completed the sale of its common shares of Triple Flag Precious Metal Corp. (Triple Flag) on the open market for $179 million in net proceeds, after tax.
  • The monetization of Triple Flag’s shares further streamlines and optimizes Newmont’s equity portfolio, while generating cash for the business at fair value.
  • In January 2023, Triple Flag completed the acquisition of Maverix, and Newmont received 15.1 million common shares and 1.8 million purchase warrants of the combined company.
  • Prior to the completion of the sale, Newmont held approximately 7.5 percent of the issued and outstanding common shares of Triple Flag for investment purposes.

Triple Flag Completes Arrangement with Maverix

Retrieved on: 
Friday, January 20, 2023
Mining, Minerals, Natural Resources, Well, Iowa State University, General counsel, NAV, Growth, Sale, Acquisition, Toronto, Gold Coast, Section 12 of the Canadian Charter of Rights and Freedoms, SVP, University, Private practice, Bachelor of Science, Chairperson, Silver, Nevada Gold Mines, Flag, US, Canada Business Corporations Act, Toronto Stock Exchange, Business administration, Business, Law, Combine, Goldcorp, NYSE, Bond University, New York Stock Exchange, Newmont Corporation, MBA, Law society, Corporate development, NYSE American, TSX, Senior, Compensation, Arrangement, McMaster, MMX, Gold, Pan American Silver, York University, Music, Security (finance), Cryptocurrency, Management, Jewellery, Geology, MaveriX

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) and Maverix Metals Inc. (TSX: MMX and NYSE American: MMX) (“Maverix”) are pleased to announce the successful completion of the previously announced acquisition of Maverix by Triple Flag by way of a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”).

Key Points: 
  • Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) and Maverix Metals Inc. (TSX: MMX and NYSE American: MMX) (“Maverix”) are pleased to announce the successful completion of the previously announced acquisition of Maverix by Triple Flag by way of a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”).
  • In aggregate, Triple Flag issued 45.1 million common shares of the Company (the “Triple Flag Shares”) and paid US$86.7 million to former Maverix shareholders.
  • With the completion of the Arrangement, existing Triple Flag and former Maverix shareholders are expected to own approximately 78% and 22% of the pro forma outstanding shares of Triple Flag, respectively.
  • Triple Flag is pleased to announce that Warren Beil will be joining Triple Flag from Maverix as General Counsel, and James Dendle is being promoted to the position of Senior Vice President, Corporate Development.

Triple Flag Provides Update on Combination with Maverix

Retrieved on: 
Friday, January 13, 2023
Mining, Minerals, Natural Resources, EDGAR, Person, TSX, NYSE, Ontario Superior Court of Justice, Arrangement, File, SEDAR, Minority, Flag, Canada Business Corporations Act, Acquisition, Proxy, Security (finance), MaveriX

Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) is pleased to provide an update on its previously announced acquisition of Maverix Metals Inc. (“Maverix”) by way of a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”).

Key Points: 
  • Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) is pleased to provide an update on its previously announced acquisition of Maverix Metals Inc. (“Maverix”) by way of a plan of arrangement under the Canada Business Corporations Act (the “Arrangement”).
  • Votes at the Meeting were taken by poll online, and proxies were received by Maverix prior to the Meeting.
  • Triple Flag also reports that the Canadian Competition Bureau has issued a “no action” letter clearing the Arrangement under Canadian competition law.
  • Triple Flag and Maverix are working towards an expeditious closing of the Arrangement slated to occur prior to the end of January.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MMX, OFIX, MYOV, PEBO

Retrieved on: 
Sunday, December 11, 2022
Roivant Sciences, NYSE, Advertising, Sale, Fraud, Security (finance), MaveriX

If you are a Maverix shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Maverix shareholder, click here to learn more about your rights and options .
  • If you are an Orthofix shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

MAVERIX METALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Maverix Metals Inc. - MMX

Retrieved on: 
Wednesday, December 7, 2022
Class Action Lawsuit, Professional Services, Legal, KSF, NYSE, Sale, MMX, MaveriX

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. (NYSE: TFPM).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. (NYSE: TFPM).
  • Under the terms of the proposed transaction, shareholders of Maverix may elect to receive either $3.92 in cash or 0.360 of a Triple Flag share for each share of Maverix that they own, subject to pro-ration.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

MMX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Maverix Metals Inc. Is Fair to Shareholders

Retrieved on: 
Thursday, November 10, 2022
Class Action Lawsuit, Professional Services, Legal, Advertising, Sale, NYSE, MMX, Fraud, Security (finance), MaveriX

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. is fair to Maverix shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Maverix Metals Inc. (NYSE: MMX) to Triple Flag Precious Metals Corp. is fair to Maverix shareholders.
  • Under the terms of the proposed transaction, Maverix shareholders may elect to receive either US$3.92 in cash or 0.360 of a Triple Flag share per Maverix share held.
  • On behalf of Maverix shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

WaveDancer Formally Launches Commercial Product With Announcement of New Commercial Partnership

Retrieved on: 
Wednesday, October 26, 2022
Company, Security (finance), Blockchain, U.S. Securities and Exchange Commission, NASDAQ, Amazon Web Services, Government, Environment, AWS, Organization, Technology, MaveriX, WAVD, Risk, GLOBE, My Little Pony, Â, Cryptocurrency

Additionally, the company will leverage the encrypted communications and auditing capabilities offered within the Maverix platform.

Key Points: 
  • Additionally, the company will leverage the encrypted communications and auditing capabilities offered within the Maverix platform.
  • We are excited to be working with a commercial company that sees the tremendous value blockchain can bring to the supply chain ecosystem.
  • He added, This commercial engagement establishes our beachhead in the construction vertical and validates the hard work of our development team.
  • WaveDancer ( www.wavedancer.com ), headquartered in Fairfax, Virginia, offers zero trust blockchain-enabled software solutions for supply chain security.

Barrick Closes Previously Announced Sale of Royalty Portfolio to Maverix Metals

Retrieved on: 
Thursday, September 29, 2022
Weather, Nationalization, Risk, Epidemic, Sale, Accident, COVID-19, Intention, MaveriX, Climate change, Mining, Gold, Barrick, Pandemic, Forward-looking statement, Perception, Insurance, SEC, Failure, Risk management, Portfolio

TORONTO, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) today announced the closing of the previously announced sale of a portfolio of 22 royalties (the “Portfolio”) to Maverix Metals Inc. (“Maverix”). Following the exercise by Skeena Resources Limited (“Skeena”), the operator of the Eskay Creek mine in British Columbia, of its buy-down right to acquire 0.5% of the 1.0% net smelter returns royalty on the Eskay Creek mine, Barrick has received total consideration equal to $50 million in cash in respect of the Portfolio. Barrick has the right to receive up to an additional $10 million from Maverix if certain conditions relating to the Portfolio are satisfied within six years of closing.

Key Points: 
  • All statements, other than statements of historical fact, are forward-looking statements.
  • The words will, contingent, if, expecting and similar expressions identify forward-looking statements.
  • In particular, this press release contains forward-looking statements including, without limitation, with respect to the total consideration for the sale of the Portfolio, including the contingent payments.
  • Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Maverix Announces Results of Annual General Meeting

Retrieved on: 
Friday, May 14, 2021
Economy of Canada, System for Electronic Document Analysis and Retrieval, KPMG, MaveriX, Royalty payment, Articles, Economy

b'Shareholders also voted in favour of the appointment of KPMG LLP as the auditor of the Company and for the approval of amendments to the Company\'s Amended and Restated Stock Option and Share Compensation Plan.

Key Points: 
  • b'Shareholders also voted in favour of the appointment of KPMG LLP as the auditor of the Company and for the approval of amendments to the Company\'s Amended and Restated Stock Option and Share Compensation Plan.
  • Each of the resolutions approved at the meeting were described in detail in the Company\'s Management Information Circular dated March 24, 2021 available on SEDAR ( www.sedar.com ) and the Company\'s website ( www.maverixmetals.com ).\nMaverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 100 assets.
  • Maverix\'s mission is to increase per share value by acquiring precious metals royalties and streams.
  • Its shares trade on both the NYSE American and the TSX under the symbol "MMX".\nView original content to download multimedia: http://www.prnewswire.com/news-releases/maverix-announces-results-of-ann...\n'