UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUERPURSUANT TO
RULE 13a-16 or 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2021
Commission File Number 001-38934
Maverix Metals
Inc.
(Translation of registrant’s name into English)
Suite 575,
510 Burrard Street
Vancouver, British Columbia V6C 3A8
Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
Form 20-F ¨ Form 40-F x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):¨
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):¨
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: September 13, 2021 | ||
| MAVERIX METALS INC. | ||
| By: | /s/ C. Warren Beil | |
| C. Warren Beil | ||
| General Counsel | ||
INDEX TO EXHIBITS
| Exhibit No. | Description of Exhibit | |
| 99.1 | Material Change Report dated September 10, 2021 |
Exhibit 99.1
FORM 51-102F3
MATERIAL CHANGE REPORT
| Item 1: | Name and Address of Company |
Maverix Metals Inc. (“Maverix” or the “Company”) 510 Burrard Street, Suite 575 Vancouver, BC V6C 3A8 |
| Item 2: | Date of Material Change |
| September 1, 2021 |
| Item 3: | News Release |
| A news release announcing the material change was issued on September 2, 2021 and a copy has been filed on SEDAR. |
| Item 4: | Summary of Material Change |
| Maverix completed an amendment and increase to its revolving credit facility, allowing the Company to borrow up to US$160 million (the “Amended Facility”). |
| Item 5: | Full Description of Material Change |
| 5.1 | Full Description of Material Change |
| Maverix completed the Amended Facility. Maverix intends to use the Amended Facility for future royalty and stream acquisitions and general corporate purposes. |
| The amounts drawn on the Amended Facility are subject to interest at LIBOR plus 1.875% to 3.0% per annum, and the undrawn portion of the Amended Facility is subject to a standby fee of 0.422% to 0.675% per annum, both of which are dependent on the Company’s leverage ratio. The Amended Facility has a term of 4 years, maturing in September 2025. Currently, the Company has nothing drawn from the Amended Facility and, therefore, the full $160 million remains available. |
| 5.2 | Disclosure for Restructuring Transactions |
| Not applicable. |
| Item 6: | Reliance on subsection 7.1(2) of National Instrument 51-102 |
| Not applicable. |
| Item 7: | Omitted Information |
| Not applicable. |
| Item 8: | Executive Officer |
C. Warren Beil, General Counsel Telephone: (604) 449-9295 |
| Item 9: | Date of Report |
| September 10, 2021 |