Gold Offtake and Royalty Assets
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Vox Royalty Announces Closing of $55 Million Underwritten Public Offering of Common Shares and the Satisfaction of Conditions Precedent for Purchase of Global Gold Portfolio
Globenewswire· 2025-09-26 12:48
Core Viewpoint - Vox Royalty Corp. has successfully closed a public offering, raising approximately $63.25 million through the issuance of 17,094,750 common shares at a price of $3.70 per share, which will be used to fund the acquisition of a global gold portfolio [2][3]. Group 1: Offering Details - The public offering was underwritten by a syndicate led by BMO Capital Markets, Cantor Fitzgerald Canada Corporation, and National Bank Financial Inc. [2] - The offering included a full exercise of a 15% over-allotment option [2]. - The common shares are listed on Nasdaq under the symbol "VOXR" and are conditionally approved for listing on the Toronto Stock Exchange (TSX) [4]. Group 2: Acquisition Information - The company is acquiring a global gold portfolio consisting of ten gold offtake and royalty assets across twelve mines and projects in eight jurisdictions, including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States [3]. - All conditions for the acquisition have been satisfied, and the closing of the transaction is expected to occur shortly [3]. Group 3: Company Background - Vox Royalty Corp. is a returns-focused mining royalty company established in 2014, with a portfolio of over 60 royalties spanning six jurisdictions [6]. - The company has executed over 30 transactions to acquire royalties since the beginning of 2020, demonstrating its active role in the mining royalty sector [6].
Vox Announces Pricing of $55 Million Underwritten Public Offering of Common Shares
Globenewswire· 2025-09-24 13:12
Core Viewpoint - Vox Royalty Corp. has announced a public offering of common shares priced at $3.70 per share, expected to close around September 26, 2025, pending regulatory approvals [2][3]. Group 1: Offering Details - The offering consists of 14,865,000 common shares, aiming for total gross proceeds of $55 million, with an over-allotment option for an additional 2,229,750 shares [3]. - The offering is conducted under a final prospectus supplement as part of Vox's existing short form base shelf prospectus and U.S. registration statement [5]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily fund the acquisition of a global gold portfolio comprising ten gold offtake and royalty assets across twelve mines in eight jurisdictions, including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States [4]. - If the full amount is not utilized for the portfolio acquisition, the company plans to reallocate the remaining funds for additional royalty acquisitions over the next 12-24 months [4]. Group 3: Company Background - Vox Royalty Corp. is a mining royalty company established in 2014, focusing on high-return royalty acquisitions, with a portfolio of over 60 royalties across six jurisdictions [6]. - Since 2020, the company has completed over 30 transactions to acquire royalties, demonstrating its active engagement in the mining sector [6].