Sec Form 13G Filing - KINROSS GOLD CORP filing for MAVERIX METALS INC (MMX) - 2019-12-20

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)* 

 

Maverix Metals Inc.

(Name of Issuer)

Common Shares, without par value

(Title of Class of Securities)

57776F405

(CUSIP Number)

December 19, 2019

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

☑ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

1	NAMES OF REPORTING PERSONS
	Kinross Gold Corporation
	I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	650430083
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a)☐
	(b)☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Province of Ontario, Canada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER
			11,228,674
		6	SHARED VOTING POWER
			0
		7	SOLE DISPOSITIVE POWER
			11,228,674
		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	11,228,674
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	9.42% **see Note 1** (in Item 4)
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	CO

 

 

 

Item 1(a).

Name of Issuer:

 

Maverix Metals Inc.

 

Item 1(b).

Address of Issuer's Principal Executive Offices:

 

Suite 575, 510 Burrard Street

Vancouver, British Columbia V6C 3A8

Canada

 

Item 2(a).

Name of Person Filing:

 

Kinross Gold Corporation

 

Item 2(b).

Address of Principal Business Office or, if none, Residence:

 

17th Floor, 25 York Street

Toronto, Ontario M5J 2V5

Canada

 

Item 2(c).

Citizenship:

 

Province of Ontario, Canada

 

Item 2(d).

Title of Class of Securities:

 

Common Shares, without par value

 

Item 2(e).

CUSIP Number:

 

57776F405

 

 

Item 3.

If This Statement Is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing Is a(n):

 

(a)

☐ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

 

(b)

☐ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);

 

(c)

☐ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);

 

(d)

☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

 

(e)

☐ Investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E);

 

(f)

☐ Employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F);

 

(g)

☐ Parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G);

 

(h)

☐ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

 

(i)

☐ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

(j)

☐ A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J);

 

(k)

☐ Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____________________________ .

 

Item 4.

Ownership.

 

(a)

Amount beneficially owned: 11,228,674

 

(b)

Percent of class: 9.42% **see Note 1**

 

(c)

Number of shares as to which the person has:

 

(i)

Sole power to vote or to direct the vote: 11,228,674

 

(ii)

Shared power to vote or to direct the vote: 0

 

(iii)

Sole power to dispose or to direct the disposition of: 11,228,674

 

(iv)

Shared power to dispose or to direct the disposition of: 0

 

** Note 1 ** Calculated based on 119,258,525 outstanding common shares of Maverix Metals Inc. representing 108,029,851 common shares of Maverix Metals Inc. issued and outstanding as of September 30, 2019, as disclosed in Exhibit 99.2 to Maverix Metals Inc.’s Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on November 12, 2019, plus 11,228,674 common shares issued to Kinross Gold Corporation pursuant to that certain Royalty Purchase and Sale Agreement, dated December 1, 2019, among Kinross Gold Corporation, Maverix Metals Inc. and Maverix Metals (Nevada) Inc.

 

 

Item 5.

Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

 

Item 6.

Ownership of More Than Five Percent on Behalf of Another Person.

 

Not applicable.

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.

Certification.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

  

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: December 19, 2019

 

	Kinross Gold Corporation
	By:	Signed “Kathleen M. Grandy”
		Name: Kathleen M. Grandy
		Title:   Vice President, Legal and Corporate Secretary