March 2017 TSX-V:MMX

TSX-V:MMX 1

Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements", within the meaning of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Maverix Metals Inc. (“Maverix”). Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, the estimation of mineral reserves and resources, realization of mineral reserve estimates, the timing and amount of estimated future production. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans”, or similar terminology.

Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Maverix to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Maverix will operate in the future, including the price of gold and anticipated costs. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, gold price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold Maverix will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Maverix to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which Maverix will purchase gold and risks related to those mining operations, including risks related to international operations, government and environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined, risks in the marketability of minerals, fluctuations in the price of gold, fluctuation in foreign exchange rates and interest rates, and stock market volatility. Although Maverix has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Maverix does not undertake to update any forward looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws.

TSX-V:MMX 2

Royalties & Streams – Robust Returns with Reduced Risk

SURFACING VALUE

STRONG GOLD PRICE LEVERAGE

GROWTH DRIVEN

EXPERIENCED LEADERSHIP

FINANCIALLY DISCIPLINED

DIVERSIFIED ASSET BASE

INCREASING CASH FLOW

GENERATION

QUALIFIED PARTNERS

(40%)

(20%)

0%

+20%

+40%

+60%

+80%

Aug Sep Oct Nov Dec Jan Feb

TSX-V:MMX 3

TSX-V:MMX

Share Price (as of Feb. 28) C$1.38

Shares Issued (undiluted) 141.2M

Market Capitalization C$195M

Cash on Hand C$5.5M

Debt ZERO

Research Coverage PI Financial

+31%

Other Royalty Peers: – 18%

Spot Gold: – 8%

Transformational Gold Fields Acquisition

(1)

+45% since Gold Fields announcement

(1) Includes Franco Nevada, Silver Wheaton, Royal Gold, Osisko Gold Royalties, Sandstorm Gold, Aurico Metals

Ownership Structure

37%30%

17%

15%

Pan AmericanSilver

Gold Fields

Management /Insiders

Institutional /Other

(Undiluted)

2016 2017

TSX-V:MMX 4

Geoff Burns

Chairman

Dan O’Flaherty

President & CEO

Oggy Talic

EVP, General Counsel

Doug Ward

VP Technical

J.C. Stefan Spicer Director

Dr. Chris Barnes Director

Rob Doyle

Director

Christopher Emerson

Director

George Brown Director

DIRECTORS

EXECUTIVES & SPECIAL ADVISOR

David Scott

Special Advisor

Wayne Vincent

CFO

Aligned with shareholders

with meaningful ownership

TSX-V:MMX 5

Long Operation 0.65% – 5.0% Sliding Scale Royalty

Beta Hunt 7.5% Gold GRR/NSR 1.5% Nickel NSR

Vivien 3.5% GRR

Mt Carlton 2.5% NSR

Producing Assets

Advanced Stage Assets

Early Stage Assets

La Colorada 100% Gold Stream

Dominador (at El Peñón) 2% NSR

San Jose Taviche Oeste 1.5% NSR

Australia

25 Total Streams

& Royalties

Strong Operating Partners

8 Producing

Assets

5 Advanced

Stage Assets

Mining Friendly

Jurisdictions

Primarily Gold

Focused

10 Countries

*Not shown: 2% NSR on the Kisenge-Mpokoto Gold Project in the DRC

Florida

Moose River

Canyon 3.25% NSR

Touquoy 3% NSR

TSX-V:MMX 6

Asset Production Guidance

from Operator (1)

Attributable to MMX

MMX Revenue Less Deductions &

Stream Payments (2)

(AuEq.) (AuEq.) (C$M)

Beta Hunt (Gold) 65,000 – 70,000 oz ~4,500 – 5,250 oz $7.1 – $8.3

Mt Carlton (3) 90,000 – 100,000 oz ~2,125 – 2,500 oz $2.8 – $3.3

La Colorada (4) 3,300 – 3,500 oz 3,300 – 3,500 oz $2.5 – $2.6

Other (5) ~3,450 – 3,700 oz

Total ~13,375 – 15,000 oz ~$17.5 – $20.0

(1) 2017 production guidance for Beta Hunt from RNC Minerals press release dated January 18, 2017; for Mt Carlton from Evolution Mining’s 2016 Annual Report released October

24, 2016; and for La Colorada from Pan American Silver’s press release dated January 12, 2017

(2) Net revenue is before taxes and was calculated based on an assumed price of US$1,225/oz Au, US$17.50/oz Ag, US$4.75/lb Ni, a CDN$ to US$ exchange rate of 1.30 and

includes MMX’s estimates for allowable deductions per the terms of the individual NSR agreements

(3) Guidance given by Evolution Mining is for fiscal year 2017

(4) Net revenue for La Colorada gold stream is presented net of the US$650/oz cost of purchasing each ounce of gold

(5) Includes gold NSR payments from Florida Canyon, Vivien, Taviche Oeste, El Peñón, Touquoy and NSR payments for nickel from Beta Hunt mine and Long Operation

A Transformative Transaction Strong Supportive Shareholder

Diversified Counterparties Transaction Terms

• For the third quarter of 2016, the GFI Royalty Portfolio generated total pre-tax payments of ~US$2.1M

• Operators of the underlying mines have been extending mine lives and increasing reserves which are expected to provide growing cash flow over a longer period of time

TSX-V:MMX 7

Gold Fields joins Pan American as a major shareholder in MMX

Gold Fields is a globally diversified producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa with attributable annual gold production of approximately 2.0 Moz (1)

Consideration

• 42,850,000 Common Shares of MMX

• 10,000,000 Common Share Purchase Warrants 5 years exercisable at C$1.60/share

Other Terms

• Gold Fields received certain anti-dilution rights

• Gold Fields’ shareholdings subject to minimum hold period expiring in July 2018

• MMX given ROFO on certain future Gold Fields royalty & stream sales

(1) Gold Fields website (www.goldfields.co.za)

TSX-V:MMX 8

• Signed definitive agreement to acquire 2 paying NSR royalties from Auramet Trading LLC

• Consideration: 8,500,000 common shares of MMX + US$5,000,000 in cash

• Transaction closed in February 21, 2017

• 3.25% NSR royalty

• Located in Nevada

• Operated by Rye Patch Gold

• Mining re-started in Q4 2016

Accretive, Bolt-On Growth Transaction

Two Quality Additions to the MMX Portfolio

Florida Canyon Gold Mine

• 1.5% NSR royalty on payable gold + 0.5% NSR royalty on payable nickel

• Located in Western Australia

• Operated by RNC Minerals

• Gold production began Q4 2015

Beta Hunt Gold-Nickel Mine

Immediate and Growing Cash Flow

Accretive to NAV and Cash Flow per share

Increased Asset Diversification

New Operating Partner

Long-Term Optionality

TSX-V:MMX 9

Mt Carlton Commodity Location Operator (Market Cap.)

Au, Ag, Cu (A$3.6B)

Terms

2.5% NSR

2017 Fiscal Year Guidance

90 – 100 koz Gold

Beta Hunt Commodities Location Operator (Market Cap.)

Au & Ni (C$90M)

Terms

7.5% Au GRR/NSR + 1.5% Ni NSR

2017 Guidance

65 – 70 koz Gold

Vivien Commodity Location Operator (Market Cap.)

Gold (A$320M)

Terms

3.5% GRR

2017 Fiscal Year Guidance

~50 koz Gold

Florida Canyon Commodities Location Operator (Market Cap.)

Gold (C$110M)

Terms

3.25% NSR

2016 PEA Average Annual Production

75 koz Gold

Over US$2.3M in Q3 2016 Pre-Tax Cash Flow Note: Production guidance is from publicly available information provided by the operating company Market capitalizations as of February 28. 2017

TSX-V:MMX 10

La Colorada Commodities Location Operator (Market Cap.)

(C$3.7B)

Terms

100% of Payable Gold @ $650/oz

2017 Guidance

3,300 – 3,500 oz Gold

San Jose Commodity Location Operator (Market Cap.)

Ag & Au (C$1.3B)

Terms

1.5% NSR on Taviche Oeste Deposit

Mine Update

Expanded to 3,000 tpd in 2016

Moose River Commodity Location Operator (Market Cap.)

Gold (C$180M)

Terms

3.0% NSR on Touquoy Deposit (1)

Expected Startup

2017

Romero Commodity Location Operator (Market Cap.)

Au & Cu (C$135M)

Terms

1.25% NSR

Project Status

PFS Completed in Q3 2016 (1) Subject to a 2% buyback for a cash payment of C$2,500,000

Gold (Also Ag, Pb, Zn)

Note: Production guidance is from publicly available information provided by the operating company Market capitalizations as of February 28. 2017

TSX-V:MMX 11

Net Revenue by Commodity (1)

Gold Equivalent Production by Jurisdiction (2)

93% GOLD

52%

Australia 28% USA & Canada

19% Mexico

2% Nickel

Figures may not add due to rounding

(1) 2017F net revenue is before taxes and was calculated based using an assumed price of US$1,225/oz Au, US$17.50/oz Ag, US$4.75/lb Ni, a CDN$ to US$ exchange rate of

1.31 and includes MMX’s estimates for allowable deductions per the terms of the individual NSR agreements

(2) Gold equivalent production based on 2018F production forecast by MMX management

5% Silver

Predominantly Gold in Well Known Mining Jurisdictions

2016E 2017F 2018F 2020F

Production Production Production Production

0

5,000

10,000

15,000

20,000

25,000

(1) Core Assets include: La Colorada, Taviche Oeste, Mt. Carlton, Beta Hunt, Vivien, El Peñón & Long Operation Growth production includes: Florida Canyon and expansions/start-ups/ramp-ups at other existing assets Production forecast shown for 2017 and beyond is the midpoint of estimates based on Maverix internal estimates Gold equivalent calculated using US$1,225/oz gold, US$17.50/oz silver, and US$4.75/lb nickel TSX-V:MMX 12

Attributable Gold Equivalent Production (oz AuEq.)

+60%

Core Asset Production (1) Growth Production (1)

• Expansions at La Colorada & Beta Hunt

• First full year post expansion at San Jose

• Ramp up at Florida Canyon

• First full year post expansion at La Colorada

• First full year post re-start at Florida Canyon

• First full year at Moose River

• P/NAV multiples are correlated to company size (increased liquidity, research, access to capital, index inclusion)

• However, IRRs on stream and royalty acquisitions are inversely related to deal size more difficult to do high return deals on larger transactions (more competition)

• Substantial torque exists in multiple expansion for smaller royalty and stream companies

• Increased ability to generate high returns and more opportunities to identify meaningful acquisitions

• Mission critical completing accretive acquisitions

Source: P/NAV multiples from Capital IQ as of February 28, 2017 Market capitalizations as of February 28, 2017

Juniors ~0.9 – 1.0x

Mid-Tiers ~1.3 – 1.4x

TSX-V:MMX 13

$130M $150M ~$700M – $1.5B < $10B $12B Mkt Cap (US$)

Seniors ~1.5 – 1.6x

Franco Nevada ~1.8x +

EXPERIENCED TEAM

DIVERSIFIED ASSET

PORTFOLIO

Proven track record

Interests aligned with shareholders

Financially disciplined

Increasing cash flow generation

Quality mines, many expanding

Strong partners

FOCUSED ON CREATING VALUE

FOR ALL SHAREHOLDERS

Growth driven

Significant leverage to gold price

Reduced risk

TSX-V:MMX 14

Contact Us

TSX-V:MMX | maverixmetals.com

info@maverixmetals.com

15 TSX-V:MMX

APPENDICES

TSX-V:MMX 16

MMX Interest: 6.0% GRR + 1.5% NSR on payable Au

1.5% NSR on payable Ni

Operator RNC Minerals Inc.

Operation UG mine, toll milled ore (est. 1974)

Metals Produced Gold and Nickel

Estimated Mine Life 4+ Years (resources)

Total M, I & I Resources 413 koz Au @ 3.4 g/t, 51 Mlbs Ni @ 3.9%

Q3 2016 Payment to MMX US$619,000

2017 CY Production Guidance 65 – 70 koz Au

• Long established mining center with excellent existing infrastructure

• Gold ore production recommenced in 2015 & continues to ramp up

• Long history of resource extensions

• Recent exploration drilling points to significant resource expansion

and extension to mine-life

• RNC recently successfully restructured and extended debt facility

Kambalda, Western Australia

Perth

Note: Beta Hunt mine information obtained from RNC Minerals public disclosure – for more information please visit www.rncminerals.com

TSX-V:MMX 17

MMX Interest: 2.5% NSR on all payable production

Operator Evolution Mining Ltd.

Operation Conventional OP, Milling / Flotation

Metals Produced Gold (with silver/copper byproducts)

Estimated Mine Life 7+ Years (reserves + resources)

Total Reserves 709 koz Au @ 4.78 g/t

Total M, I & I Resources 885 koz Au @ 3.19 g/t

FY 2016 Production 113 koz Au

2017 FY Production Guidance 90 – 100 koz Au

Queensland, Australia

• High grade open pit gold mine

• Commercial production achieved in July 2013

• Positive grade reconciliation, which is expected to continue

• Significant potential to extend mine life by adding to reserves below current V2 pit

• Good balance sheet and Evolution forecasting production growth

Brisbane

Note: Mt Carlton mine information obtained from Evolution Mining public disclosure – for more information please visit www.evolutionmining.com.au

TSX-V:MMX 18

MMX Interest: 100% of LOM payable gold produced

for $650/oz ongoing payment

Operator Pan American Silver Corp.

Operation 1,800 t/d Underground

Metals Produced Silver, Gold, Lead, Zinc

Estimated Mine Life 14+ Years

Total Gold Reserves 72 koz Au @ 0.32 g/t

Total Gold M, I & I Resources 43 koz Au @ 0.32 g/t

2016 Production 2,930 oz Au

2017 Production Guidance 3,300 – 3,500 oz Au

• Core asset to Pan American Silver

• Long history of operations

• Continued exploration success

• Major mine expansion to 1,800 t/d expected to be

completed during 2017

Mexico City

Zacatecas, Mexico

Note: La Colorada mine information obtained from Pan American Silver public disclosure – for more information please visit www.panamericansilver.com

TSX-V:MMX 19

MMX Interest: 3.5% GRR on all payable Au from

Miranda & Vivien deposits

Operator Ramelius Resouces Ltd.

Operation UG – processed at Mt. Magnet operation

Metals Produced Gold

Estimated Mine Life 4 Years

Total Reserves 98 koz Au @ 8.0 g/t

Total M, I & I Resources 198 koz Au @ 7.2 g/t

2016E Production 21.6 koz Au

2017 FY Production Guidance ~50 koz Au

• Operations commenced in Q2 2015

• Recent mine life extension to 4+ years including 50% of resource

• Conducting deep extensional exploration drilling

• Resource updated in January 2017 with a revised mine plan due in

March 2017

• Ramelius well funded and known as good mine operators

Agnew, Western Australia

Perth

Note: Vivien mine information obtained from Ramelius Resources public disclosure – for more information please visit www.rameliusresources.com.au

TSX-V:MMX 20

MMX Interest: 3.25% NSR on all payable production

Operator Rye Patch Gold Corp.

Operation Open Pit Heap Leach

Metals Produced Gold and Silver

Estimated Mine Life 8 Years

Total Meas & Ind Resources 1.1 Moz Au @ 0.46 g/t

Inferred Resources 396 koz Au @ 1.82 g/t

Avg. Annual Production 75 koz Au

LOCATION LOCATION Nevada, USA

• Restart of existing mine; long history of production

• Currently producing gold from ore previously placed on heaps

• Preliminary Economic Assessment completed March 2016

• Fully funded (as per PEA) and permitted

• Expected full mine production by Q1 2017 with full gold production by 2018

• Crusher move complete

• Stacking of ore on newly constructed leach pad has commenced

Reno

Note: Florida Canyon mine information obtained from Rye Patch Gold public disclosure and the March 2016 PEA – for more information please visit www.ryepatchgold.com.

TSX-V:MMX 21

MMX Interest: 1.5% NSR on all payable metals

produced from Taviche Oeste deposit

Operator Fortuna Silver Mines Inc.

Operation 3,000 t/d Underground

Metals Produced Silver, Gold

Estimated Taviche Life ~8 Years

Total Silver M, I & I Resources (1) 49.8 Moz @ 292 g/t Ag

Total Gold M, I & I Resources (1) 320 koz @ 1.87 g/t Au

• Mine recently began accessing ore from the Taviche Oeste

concession, which hosts the Trinidad North veins

• Fortuna expects to mine these high grade resources over the next

8 years

• First production from this concession began in 2015 with the first

NSR payment being made in Q3 2015

Mexico City

Oaxaca, Mexico

Note: San Jose mine information obtained from Fortuna Silver public disclosure – for more information please visit www.fortunasilver.com. (1) Mineral resources from Fortuna Silver press release dated August 27, 2014

TSX-V:MMX 22

MMX Interest: 0.65% – 5.0% NSR on all payable

nickel from McLeay deposit

Operator Independence Group NL

Operation Underground

Metals Produced Nickel

Estimated Mine Life ~2 Years

Total Reserves 0.4 Mt @ 3.9% Ni (14 kt contained)

Total M, I & I Resources 1.3 Mt @ 4.7% Ni (60 kt contained)

2017 FY Production Guidance (Entire mine) 7,400 – 8,200 t Ni

• Mine has produced over 3.2 Mt of nickel ore since 2002

• Exploration success has historically enabled the operation to

maintain a reserve base to support a two to three year mine life

• Renewed focus on exploration with emphasis on deposit

extensions onto areas that MMX’s royalty applies

Kambalda, Western Australia

Perth

Note: Mineral reserves & resources and production guidance is for the entire Long Operation

Sliding Royalty based on Ni Price

Ni Price >= A$ 11,001/t

(US$3.72/lb) >= A$ 12,101/t

(US$4.10/lb) >= A$ 13,201/t

(US$4.47/lb) >= A$ 14,701/t

(US$4.98/lb) >= A$ 18,201/t

(US$6.16/lb)

Royalty 0.65% 0.975% 1.30% 1.625% 5.0%

Note: Long Operation information obtained from Independence Group public disclosure – for more information please visit www.igo.com.au

TSX-V:MMX 23

MMX Interest: 3.0% NSR on all payable production

from the Touquoy deposit

Operator Atlantic Gold Corp.

Operation Open pit, Conventional CIL

Metals Produced Gold

Estimated Mine Life 4.5 Years

Total Reserves (Touquoy) 425 koz Au @ 1.4 g/t

Total M, I & I Resources (Touquoy) 557 koz Au @ 1.5 g/t

Expected Startup Q3 2017

Avg. Annual Production ~90 koz Au

• Construction commenced in Q2 2016 – overall project completion

reached 40% at the end of January 2017

• Mine and plant commissioning expected in Q3 2017 with ramp up

to full production in Q4 2017

• Atlantic Gold has the right to buy back 2% of the royalty for a cash

payment of C$2,500,000

Nova Scotia, Canada

Beaver Dam

Halifax

Note: MRC project information obtained from Atlantic Gold public disclosure – for more information please visit www.atlanticgoldcorporation.com.

TSX-V:MMX 24

MMX Interest: 1.25% NSR on all payable production

Operator GoldQuest Mining Corp.

Operation 2,800 t/d UG, Conventional Milling/Flotation

Metals Produced Gold and Copper

Estimated Mine Life 7+ Years

Total Reserves 1.1 Moz AuEq. @ 4.9 g/t

Total M, I & I Resources 2.5 Moz AuEq. @ 3.3 g/t

Potential Construction 2018

Avg. Annual Production 109 koz AuEq.

• Agnico Eagle completed a C$23M private placement for a 15%

interest in GoldQuest in March 2017

• Pre-Feasibility Study completed November 2016 28% IRR and

$595/oz All-In Sustaining Costs (AISC)

• Feasibility work to proceed immediately given robust economics

with expected commercial production by 2020

• Good potential to expand/extend mine based on resources

San Juan, Dominican Republic

Santo Domingo

Note: Romero project information obtained from GoldQuest public disclosure and September 2016 PFS – for more information please visit www.goldquestcorp.com.

TSX-V:MMX 25 (1) M&I resources are from project operator public disclosure and are inclusive of reserves Market capitalizations are as of February 28, 2017

El Peñón Shalipayco Tres Cruces Jojoba La Bolsa Pico Machay Calcatreu

MMX Royalty or Stream

2.0% NSR (Dominador /

Fortuna) 1.0% NSR 1.5% NSR 2.0% NSR

5% Gold Stream

1.0% NSR 1.25% NSR

Location Antofagasta

Chile Junin Peru

La Libertad Peru

Sonora Mexico

Sonora Mexico

Huancavelica Peru

Rio Negro Argentina

Operator (Mkt. Cap.)

(C$3.9B)

(C$29B)

(C$3.7B)

(C$3.7B)

(C$3.7B)

MMX Metal Exposure

Au, Ag Ag, Pb, Zn Au Au, Ag Au, Ag Au Ag, Au

Reserves and Resources (1)

M&I - Ag 7.9 Moz at 40 g/t Ag M&I - Zn 359 kt at 5.8% Zn

M&I - Au 2.6 Moz at 1.23 g/t Au

P&P - Au 318 koz at 0.63 g/t Au M&I - Au 431 koz at 0.62 g/t Au

M&I - Au 265 koz at 0.78 g/t Au

M&I - Ag 6.7 Moz at 26 g/t Ag M&I - Au 677 koz at 2.63 g/t Au

Stage Producing PFS (2015) Advanced

Exploration Advanced

Exploration PFS (2011) Scoping PFS (2007)

TSX-V:MMX 26

Project Location MMX Metal

Exposure Royalty Stage Counter Party

Mpokoto DRC Au 1.50% NSR Pre-Feasibility Armadale Capital Plc

Panton Sill Australia Pt, Pd, Au 2.00% NSR (1) Scoping Panoramic Resources Ltd

Scotia Gold Ore Australia Au A$1.20/tonne (2) Early Exploration Minotaur Exploration Ltd

Wayamaga (Bon Espoir Project)

French Guiana Au 1.0% NRR Early Exploration AUPLATA / Newmont

Committee Bay (Three Bluffs Project)

Canada Diamond 1.0% Early Exploration Auryn Resources

Taviche Este Mexico Au, Ag 1.50% NSR Early Exploration Aura Silver Resources Inc

Queylus Canada Cu, Au 1.50% Early Exploration Copper One Inc

Maria Cecilia Peru Au, Ag 1.50% Early Exploration Stellar Mining

Quiruvilca Peru Zn, Ag 2.0% NSR

(50% attributable) Operating

Sociedad Minera Quiruvilca Inversiones SA

(1) A two percent (2.0%) NSR royalty payable by Panoramic Resources Limited once production exceeds 100,000 ounces on all platinum group metals minerals mined from certain tenements (2) Payable after production of 200,000 ounces of gold from relevant tenements