Allens has advised Triple Flag Precious Metals Corp. (Triple Flag) on Australian aspects of its entry into of a definitive agreement to acquire all of the issued and outstanding common shares of Maverix Metals Inc. (Maverix) pursuant to a Plan of Arrangement, positioning Triple Flag as the leading emerging senior streaming and royalty company. The transaction’s terms imply a total equity value for Maverix of US$606 million.
‘We are delighted to have assisted long-standing client Triple Flag on this transformative acquisition. Combining the two companies’ portfolios across the Americas, Australia and elsewhere will solidify Triple Flag’s position as the fourth-largest senior streaming and royalty company in the world,’ said lead Partner Mark McAleer.
