Core Points - Vox Royalty Corp has completed the acquisition of a global gold portfolio consisting of ten gold offtake and royalty assets, covering twelve mines and projects across eight jurisdictions [1] - The total upfront cash consideration for the acquisition was $57.5 million, with an additional $2.5 million in deferred milestones, fully financed by a public offering of 17,094,750 common shares, generating gross proceeds of $63.25 million [2] Company Overview - Vox is a returns-focused mining royalty and streaming company with a portfolio of over 80 assets across eight jurisdictions, established in 2014 [4] - The company has built unique intellectual property and a technically focused transactional team, allowing it to target high returns on royalty acquisitions in the mining sector [4] - Since the beginning of 2020, Vox has announced over 30 transactions to acquire more than 70 assets [4]

Core Insights - Franco-Nevada Corporation has reached a settlement with the Canada Revenue Agency (CRA) regarding tax disputes related to transfer pricing for the years 2013 to 2019 [1][3][7] - The settlement allows Franco-Nevada to avoid paying taxes in Canada on foreign earnings from its subsidiaries during the specified years [7] - The adjustment in service fees will increase the mark-up on costs from 7-20% to 30%, resulting in an additional taxable income of C$1.4 million [7] Settlement Details - The settlement resolves the tax dispute and provides greater investment certainty for Franco-Nevada's global growth ambitions [3] - Transfer pricing penalties from the reassessments will be reversed, and interest charges will be adjusted accordingly [7] - The settlement is not legally binding for years after 2019, but the established transfer pricing principles are expected to apply unless there are material changes [7] Company Overview - Franco-Nevada is a leading gold-focused royalty and streaming company with a diversified portfolio of cash-flow producing assets [5] - The company utilizes its free cash flow to expand its portfolio and pay dividends, trading under the symbol FNV on both the Toronto and New York stock exchanges [5] - Over the last 18 months, Franco-Nevada has completed approximately $3 billion in transactions to enhance its asset portfolio [3]