- Vox Royalty Corporation (VOXR) recently completed a **transformational acquisition** for **$60 million**, which is projected to add **$15 million to $20 million annually in pure cash flow** and significantly enhance revenue, cash flow, and earnings per share.  **[0001907909_2194089_1]** **[0001907909_2194089_2]** 
- The company's portfolio is now approximately **80% gold** and includes **14 producing assets**, with an expectation to grow to over **20** in the coming years.  **[0001907909_2194089_0]** **[0001907909_2194089_1]** 
- VOXR's acquisition strategy focuses on buying legacy mining royalties at deep value, having spent **$50 million** from 2019-2024 and already recovered **$38 million**, with the acquired assets having an estimated net asset value of **$200 million to $250 million**.  **[0001907909_2194089_1]** 
- The company leverages a proprietary database to identify acquisition targets, primarily focusing on assets operated by multibillion-dollar mining companies, and anticipates significant organic growth from assets like Red Hill, which could generate **$100 million** in gold-related revenue.  **[0001907909_2194089_2]** **[0001907909_2194089_3]** **[0001907909_2194089_5]**

Vox Royalty Corporation Details Transformational Acquisition and Growth Strategy

- Vox Royalty Corp. (VOXR) focuses on acquiring mining royalties at dislocated values to provide leveraged exposure to metals with better risk-adjusted returns, aiming for **60% to 80% gold** weighting in its portfolio over time.  **[0001907909_2194067_0]** **[0001907909_2194067_1]** 
- The company recently completed a **transformational acquisition** of a gold portfolio for **$60 million**, which is projected to generate **$15 million to $20 million** in annual pure cash flow, representing a **3X to 4X forward cash flow multiple**.  **[0001907909_2194067_2]**  This acquisition increased Vox's precious metals exposure to approximately **80% gold**.  **[0001907909_2194067_1]** 
- Vox currently holds **14 producing assets**, with an expectation to grow to **over 20** in the next few years, and has a significant organic growth pipeline, including assets like Redhill which could generate **$15 million to $25 million** in annualized revenue for over 10 years.  **[0001907909_2194067_1]** **[0001907909_2194067_4]** 
- From 2019 to 2024, Vox spent **$50 million** on legacy mining royalties and has already received **$38 million** back, with an estimated net asset value of **$200 million to $250 million** for these assets.  **[0001907909_2194067_1]** **[0001907909_2194067_2]**  The company has grown its dividend on average **north of 6%**.  **[0001907909_2194067_2]** 
- Vox leverages the world's largest proprietary database of mining royalties, acquired in 2019, to systematically identify undervalued assets, primarily focusing on royalties from multibillion-dollar public operators.  **[0001907909_2194067_3]** **[0001907909_2194067_6]**

Vox Royalty Corp. Details Strategic Acquisitions and Growth Prospects

- Vox Royalty Corp. closed a public offering on **September 26, 2025**, issuing **17,094,750 common shares** at **$3.70 per share**, resulting in approximately **$63.25 million** in gross proceeds.  **[1907909_0001213900-25-092334_ea025890401ex99-1_vox.htm:0]** 
- The company announced the satisfaction of all conditions precedent for the acquisition of a global gold portfolio and subsequently completed the acquisition on **September 26, 2025**.  **[1907909_0001213900-25-092334_ea025890401ex99-1_vox.htm:0]** **[1907909_0001213900-25-092334_ea025890401ex99-2_vox.htm:0]** 
- The acquired portfolio comprises **ten gold offtake and royalty assets** covering **twelve mines and projects** across **eight jurisdictions**.  **[1907909_0001213900-25-092334_ea025890401ex99-2_vox.htm:0]** 
- The total upfront cash consideration for the acquisition was **$57.5 million**, with an additional **$2.5 million** in deferred milestones.  **[1907909_0001213900-25-092334_ea025890401ex99-2_vox.htm:0]** 
- The acquisition was fully financed by the gross proceeds from the concurrent public offering.  **[1907909_0001213900-25-092334_ea025890401ex99-2_vox.htm:0]**

VOX ROYALTY CORP. Announces Public Offering Closing and Gold Portfolio Acquisition Completion

- Vox Royalty Corp. has entered into an underwriting agreement to issue and sell **14,865,000** common shares.  **[1907909_0001213900-25-091148_ea025861601ex99-1_voxroyalty.htm:0]** 
- The common shares will be sold at an offering price of **US$3.70** per share, resulting in an aggregate purchase price of **US$55,000,000**.  **[1907909_0001213900-25-091148_ea025861601ex99-1_voxroyalty.htm:0]** 
- The company has granted the underwriters an option to purchase up to an additional **2,229,750** common shares, representing 15% of the firm shares, at the same offering price.  **[1907909_0001213900-25-091148_ea025861601ex99-1_voxroyalty.htm:0]** 
- The offering is expected to close on or about **September 26, 2025**.  **[1907909_0001213900-25-091148_ea025861601ex99-1_voxroyalty.htm:0]** **[1907909_0001213900-25-091148_ea025861601ex99-5_voxroyalty.htm:1]** 
- The net proceeds from the offering are intended to fund the acquisition of a global gold portfolio.  **[1907909_0001213900-25-091148_ea025861601ex99-2_voxroyalty.htm:0]** **[1907909_0001213900-25-091148_ea025861601ex99-5_voxroyalty.htm:1]** **[1907909_0001213900-25-091148_ea025861601ex99-4_voxroyalty.htm:3]**

Vox Royalty Corp. Enters Underwriting Agreement for Public Share Offering

- Vox Royalty's business model focuses on acquiring royalties, primarily in precious metals, to generate superior risk-adjusted returns by systematically identifying assets at **dislocated values**.  **[1907909_tx_375154_1]** 
- The company differentiates itself through a **proprietary database** of mining royalties and a strategic focus on low-risk jurisdictions like **Australia**, which is considered the world's best mining market.  **[1907909_tx_375154_2]** **[1907909_tx_375154_3]** **[1907909_tx_375154_4]** 
- Management and the Board hold significant stock, aligning interests, and the company boasts a track record of generating over **25% current return** on **$50,000,000** invested in third-party royalties from 2019 to 2024, significantly outperforming the industry average of 3%.  **[1907909_tx_375154_7]** **[1907909_tx_375154_8]** 
- Vox Royalty anticipates substantial organic growth from **mid to high 20s** of pre-production assets expected to generate revenue within **three to four years**, complemented by recent accretive acquisitions such as the Wailu North iron ore and Kaman II copper royalties.  **[1907909_tx_375154_2]** **[1907909_tx_375154_4]** **[1907909_tx_375154_5]** 
- Financially, the company maintains a strong balance sheet with a **$25,000,000 revolver** at a **6.8% cost of capital**, pays a dividend that has grown by approximately **6%** over the last three years, and expects free cash flow growth to outpace dividend payout.  **[1907909_tx_375154_2]** **[1907909_tx_375154_4]** **[1907909_tx_375154_7]**

Vox Royalty Highlights Differentiated Business Model and Growth Prospects

- Vox Royalty Corp. has acquired a **1.5% Gross Revenue Royalty** on the first **15 million tonnes** of iron ore production from the **Wyloo North iron ore project**.  **[1907909_0001654954-25-009971_voxr_ex991.htm:0]** 
- The acquisition was made from an Australian company for **A$1.5 million (~US$1 million)**.  **[1907909_0001654954-25-009971_voxr_ex991.htm:0]** 
- The Wyloo North iron ore project is located in the **Pilbara region of Western Australia** and is operated by **Fortescue Metals Group**.  **[1907909_0001654954-25-009971_voxr_ex991.htm:0]** 
- Vox's Chief Investment Officer, Spencer Cole, stated that the acquisition aligns with the company's focus on large, high-grade orebodies operated by large-cap mining companies with medium-term development potential, and is expected to generate meaningful returns once in production.  **[1907909_0001654954-25-009971_voxr_ex991.htm:0]**

VOX ROYALTY (VOXR)