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Vox Royalty Corp. - VOXR STOCK NEWS

Welcome to our dedicated page for Vox Royalty news (Ticker: VOXR), a resource for investors and traders seeking the latest updates and insights on Vox Royalty stock.

Vox Royalty Corp. (symbol: VOXR) is a returns-focused mining royalty company with a robust portfolio of over 60 royalties and streams across eight jurisdictions. Established in 2014, Vox has built a unique intellectual property base, a technically focused transactional team, and a global sourcing network. These assets have enabled Vox to target the highest returns on royalty acquisitions within the mining royalty sector.

Vox's business model revolves around acquiring and managing royalties and streams from various mining projects. The company boasts a diverse range of royalty interests, including gold, silver, copper, zinc, and other minerals, providing investors with broad exposure to the mining sector.

Recent achievements underline Vox's strategic prowess. On November 22, 2023, Vox announced an exploration and development update for the Red Hill gold project in Western Australia. The project, operated by Northern Star Resources, is now classified at the Feasibility stage, with Northern Star categorizing it as a key deposit for future open pit mining. Vox holds a 4% gross revenue royalty over mining lease M27/57 at Red Hill, a project historically significant for producing approximately 467,000oz of gold between 2001 and 2007.

Additionally, Vox has reported positive developments at the Janet Ivy gold mine, with royalty revenue surpassing the milestone payment threshold of A$750,000 as of November 13, 2023. This success has triggered a milestone payment, underscoring the potential for increased revenue streams from continued ramp-up in production.

Financially, Vox is on a solid footing, recently securing a $15 million secured revolving credit facility from the Bank of Montreal, which includes an accordion feature for an additional $10 million. This facility allows Vox to pursue acquisitions with a cost-efficient allocation of resources, strategically enhancing its portfolio.

Vox continues to expand its portfolio, with recent acquisitions including four royalties at various stages of development in Australia. These assets are expected to contribute significantly to Vox's revenue, particularly the advanced Castle Hill and Kunanalling gold assets in Western Australia.

With a technically adept team and a clear focus on high-return investments, Vox Royalty Corp. is well-positioned to capitalize on opportunities within the mining royalty sector, delivering substantial value to shareholders.

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Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR), a returns focused mining royalty company, has announced the release date for its 2024 second quarter results. The company will disclose its financial performance on Wednesday, August 7, 2024, after the market closes. This announcement provides investors and analysts with a specific timeline to anticipate Vox's upcoming financial report, which will offer insights into the company's performance during the second quarter of 2024.

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Vox Royalty Corp (TSX:VOXR, NASDAQ:VOXR) announced updates on its mining royalty projects. The Plutonic East and Bulong gold royalties are expected to commence production by Q1 2025, driven by strong AUD gold prices. Black Cat Syndicate has started mining activities at the Bulong project, anticipating first production in September 2024. Catalyst Metals is dewatering the Plutonic East mine, with first production expected in Q1 2025. However, Mineral Resources will ramp down operations at the Yilgarn Hub, including Koolyanobbing, by December 31, 2024, following an assessment. Vox expects significant returns from these projects, having acquired the Plutonic East royalty for US$800,000 and the Bulong royalty for US$545,000.

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On May 30, 2024, Vox Royalty Corp. (TSX:VOXR, NASDAQ:VOXR) announced that all five nominated directors were elected at its annual general meeting. The nominees, Kyle Floyd, Rob Sckalor, Alastair McIntyre, Donovan Pollitt, and Shannon McCrae, received high approval rates, with votes for each exceeding 89%. Additionally, shareholders approved the appointment of Ernst & Young LLP as the auditor for the upcoming year and authorized the directors to set the auditor's remuneration. Detailed voting results are available in the Company's Management Information Circular dated April 17, 2024.

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Vox Royalty Corp. has completed the acquisition of a portfolio of four Australian royalties at various development stages and a production-linked milestone payment, for A$4.7 million. This acquisition includes significant assets such as Castle Hill, Kunanalling, Halls Creek, and Broken Hill, operated by prominent Australian producers like Evolution Mining. The transaction is expected to provide meaningful revenue from early 2026, primarily from gold and copper assets. Vox’s portfolio now includes over 50 Australian assets, benefiting from high AUD-denominated gold and copper prices. This acquisition also increases Vox’s exposure to critical metals like cobalt and rare earth metals and strengthens its asset base in stable jurisdictions.

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Vox Royalty Corp. shares significant exploration and development updates for the Red Hill gold project in Western Australia through its operating partner Northern Star Resources The project, previously mined between 2001 and 2007, has seen a 58% resource upgrade and a maiden reserve declaration. With potential annual revenues of US$10 million, the Red Hill project remains open at depth, showing promise for future development. The recent drilling results and detailed mining assumptions further highlight the project's potential.

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Vox Royalty Corp. releases its 2024 shareholder letter, emphasizing its returns-focused approach in the mining royalty sector. The letter can be accessed on the company's website.
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Vox Royalty Corp. announces 2024 first quarter results release and Annual General Meeting details. The Company will release its first quarter results on May 8, 2024, and hold its Annual General Meeting on May 30, 2024, virtually.
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Vox Royalty Corp. announces a Dividend Reinvestment Plan (DRIP) and a Share Repurchase Program (SRP). The DRIP allows shareholders to reinvest cash dividends into common shares at a 5% discount to the Average Market Price. The SRP authorizes the repurchase of up to US$1,500,000 of common shares in compliance with Rule 10b-18 under the Securities Exchange Act of 1934.
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Vox Royalty Corp. announces a significant increase in quarterly dividend and provides a positive outlook for 2024. The company achieved record annual revenue, gross profit, and cash flows from operations in 2023, showing strong financial growth. Additionally, Vox entered into a credit agreement with the Bank of Montreal for a $15 million secured revolving credit facility. The company's fourth quarter results also displayed revenue and profit growth, along with record cash flows from operations. Despite challenges with certain mining projects in Peru, Vox remains optimistic about its future performance and shareholder value.
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Vox Royalty Corp. provides updates on key royalty projects with operating partners Kalamazoo, Silver Mines, and Orla Mining. Major developments include De Grey's acquisition of the Ashburton Gold Project, Silver Mines' capital raise for the Bowdens project, Orla's work program for the South Railroad gold project, and Genesis' acquisition of the Bruno-Lewis and Raeside gold deposits. Vox Management highlights the potential for fast-tracking production and positive construction decisions across these projects.
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FAQ

What does Vox Royalty Corp. do?

Vox Royalty Corp. is a returns-focused mining royalty company that acquires and manages royalties and streams from various mining projects across multiple jurisdictions.

What recent achievements has Vox Royalty Corp. made?

Vox recently announced an exploration and development update for the Red Hill gold project and reported significant revenue milestones at the Janet Ivy gold mine. The company also secured a $15 million secured revolving credit facility.

What are Vox's major projects?

Major projects include the Red Hill gold project in Western Australia, the Janet Ivy gold mine, and recent acquisitions like the Castle Hill and Kunanalling gold assets in Australia.

How does Vox generate revenue?

Vox generates revenue through royalty payments and streams from its portfolio of mining projects, which include gold, silver, copper, and other minerals.

What is the significance of Vox's recent credit facility?

The $15 million secured revolving credit facility from the Bank of Montreal allows Vox to pursue acquisitions with a cost-efficient allocation of resources, enhancing its portfolio strategically.

What is Vox's strategy for growth?

Vox focuses on acquiring high-return royalties and streams within the mining sector, leveraging its intellectual property, technical expertise, and global sourcing network.

Where can I find more information about Vox Royalty Corp.?

Further information is available on Vox's official website, www.voxroyalty.com.

What is the geographical focus of Vox's royalties?

Vox's portfolio spans eight jurisdictions, with significant projects in Australia, the USA, and other mining-friendly regions.

Is Vox Royalty Corp. financially stable?

Yes, Vox has a strong financial position, underscored by its recent credit facility and milestone revenue achievements from key projects like Janet Ivy.

What are the future prospects for Vox Royalty Corp.?

Vox is well-positioned for future growth, with ongoing developments in key projects, strategic acquisitions, and a focus on high-return investments in the mining royalty sector.

Vox Royalty Corp.

Nasdaq:VOXR

VOXR Rankings

VOXR Stock Data

140.91M
50.15M
22%
15.83%
0.09%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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