Maverix Metals Inc. is pleased to announce that it has entered into a life of mine purchase and sale agreement for silver produced from the El Mochito Mine , owned and operated by
Ascendant Resources Inc. . Maverix will make an advance payment of US$7,500,000 for the right to purchase 22.5% of the silver produced from El Mochito , and subject to certain conditions, a further US$7,500,000 for an additional 17.5% of
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