Vox Royalty Transfers Brazil-Linked Offtake To Greenstone Gold Mine

Core Viewpoint - Vox Royalty Corp. has restructured its gold offtake agreement with Equinox Gold Corp., transitioning from Brazilian assets to a new offtake stream over the Greenstone gold mine in Ontario, enhancing its exposure to a Tier 1 Canadian asset [1][2]. Group 1: Transaction Details - Vox's wholly-owned subsidiary has entered into a definitive agreement with Equinox to restructure its 35% gold offtake over the Santa Luz, Fazenda, and RDM mines in Brazil [1]. - The remaining offtake delivery obligations will now be satisfied through a production-linked offtake stream of 29% of refined gold produced from Greenstone, with minimum deliveries of 63,600 ounces for 2026 [8]. - Vox's existing Greenstone offtake stream, acquired in September 2025, remains unchanged and will be prioritized over the new agreement [8]. Group 2: Greenstone Mine Overview - Greenstone is a large open-pit mine near Geraldton, Ontario, which achieved commercial production in November 2024 [4]. - Equinox has set a production guidance range of 250,000 to 300,000 ounces for 2026, with cash costs estimated at US$1,350 - US$1,450 per ounce, and an average life of mine yearly production forecast of 330,000 ounces [4]. Group 3: Company Background - Vox is a returns-focused mining royalty and streaming company with a portfolio of over 80 assets across nine jurisdictions, established in 2014 [6]. - Since 2020, Vox has announced over 30 transactions to acquire more than 70 assets, targeting high returns on royalty acquisitions in the mining sector [6].