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. reports developments as a mining royalty and streaming company with listings on Nasdaq and the TSX under VOXR. The company generates revenue from royalty and streaming interests rather than operating mines, and its portfolio includes more than 70 royalties and streams with primary exposure to gold and select industrial metals across jurisdictions including Australia, Canada and the United States.
Recurring news covers operating and financial results, royalty and net precious metal receipts, annual guidance, dividend actions, credit facility updates, acquisitions of royalty interests and portfolio-level mine or project developments. Company updates also include investor communications, conference participation and index inclusion tied to its public-market profile.
Vox Royalty Corp. has acquired a 1% Gross Value of Sales royalty on the Cardinia Gold Project in Western Australia for A$450,000 (approx. US$300,000). This acquisition provides exposure to a pre-feasibility-stage resource of 1.4Moz of gold. The project is strategically located within 100km of four existing gold mills, enhancing its development potential. Vox also completed the acquisition of First Quantum Minerals Ltd.'s Canadian royalty portfolio on the same day. These transactions are expected to bolster Vox's mining royalty portfolio and increase cash flow.
Vox Royalty Corp. reported strong Q3 2022 results, with record revenues of $3,181,574 and a year-to-date revenue of $6,403,347. Gross profit also reached a record $2,463,007 for Q3 and $5,072,178 year-to-date. The company declared its first quarterly cash dividend of $0.01 per share, reflecting a 1.8% annual dividend yield. Additionally, Vox's asset count increased to seven royalty-producing assets. Following the quarter, Vox commenced trading on Nasdaq, enhancing liquidity and investor returns.
Vox Royalty Corp. (TSXV:VOX) announced a binding royalty sale agreement with First Quantum Minerals Ltd. on November 9, 2022, to acquire up to four Canadian royalties for a total value of C$650,000. Vox will issue C$525,000 in common shares for the Estrades and Opawica royalties, with additional cash payments contingent on third-party option agreements. The acquisition enhances Vox's portfolio, especially with the high-potential Estrades project, which has strong historical production data and ongoing exploration activities.
Vox Royalty Corp. (NASDAQ:VOXR) reported preliminary royalty revenue of US$2,976,000 for Q3 2022, primarily driven by high gold royalties from the Segilola asset and consistent income from the Wonmunna iron ore asset. Year-to-date revenues reached US$7,612,000. The company's annual guidance is set between US$7,800,000 and US$9,400,000.
CEO Kyle Floyd highlighted significant developments including record revenues, the declaration of an inaugural dividend, and Nasdaq trading commencement, despite the challenging macroeconomic environment.
Vox Royalty Corp (TSXV:VOX, NASDAQ:VOXR) has officially commenced trading on the Nasdaq as of October 10, 2022. This transition sees its common shares cease trading on the OTCQX market. Investors are advised to monitor their brokerage accounts for updates on their shareholdings, as this may take up to two weeks. Founded in 2014, Vox focuses on mining royalties and has developed a portfolio of over 50 royalties across eight jurisdictions since 2020. The company is dedicated to maximizing returns through strategic royalty acquisitions.