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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

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Vox Royalty (NASDAQ: VOXR) has successfully completed its underwritten public offering, raising $63.25 million through the issuance of 17,094,750 common shares at $3.70 per share. The offering included the full exercise of a 15% over-allotment option by the underwriters.

Additionally, the company announced that all conditions have been met for its previously announced acquisition of a global gold portfolio consisting of ten gold offtake and royalty assets. The portfolio spans twelve mines and projects across eight countries including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States. The net proceeds from the offering will be used to fund this strategic acquisition.

Vox Royalty (NASDAQ: VOXR) ha completato con successo la sua offerta pubblica sottoscritta, raccogliendo 63,25 milioni di dollari tramite l'emissione di 17.094.750 azioni ordinarie a 3,70 dollari per azione. L'offerta ha incluso l'esercizio completo di un'opzione di sovrapprezzo del 15% da parte degli underwriter.

Inoltre, l'azienda ha annunciato che tutte le condizioni sono state soddisfatte per l'acquisizione precedentemente annunciata di un portafoglio globale di oro composto da dieci asset di estrazione e royalty sull'oro. Il portafoglio comprende dodici miniere e progetti in otto paesi, tra cui Australia, Brasile, Canada, Côte d'Ivoire, Mali, Messico, Sudafrica e Stati Uniti. Il ricavato netto dell'offerta sarà utilizzato per finanziare questa acquisizione strategica.

Vox Royalty (NASDAQ: VOXR) ha completado con éxito su oferta pública suscrita, recaudando 63,25 millones de dólares mediante la emisión de 17,094,750 acciones comunes a 3,70 dólares por acción. La oferta incluyó el ejercicio total de una opción de sobreasignación del 15% por parte de los suscriptores.

Además, la empresa anunció que se han cumplido todas las condiciones para la adquisición anunciada previamente de una cartera global de oro que consta de diez activos de extracción y regalías de oro. La cartera abarca doce minas y proyectos en ocho países, entre ellos Australia, Brasil, Canadá, Costa de Marfil, Malí, México, Sudáfrica y Estados Unidos. Los ingresos netos de la oferta se usarán para financiar esta adquisición estratégica.

Vox Royalty (NASDAQ: VOXR)가 성공적으로 공모 청약을 마치고 6,325만 달러주당 3.70달러에 발행된 17,094,750 주의 보통주를 통해 조달했습니다. 이 공모에는 주청약자들의 15% 초과배정 옵션의 전액 행사도 포함되었습니다.

또한 회사는 이미 발표된 글로벌 금 포트폴리오 인수에 필요한 모든 조건이 충족되었다고 발표했습니다. 이 포트폴리오는 금 채취 및 로열티 자산 10개로 구성되며, 호주, 브라질, 캐나다, 코트디부아르, 말리, 멕시코, 남아프리카공화국, 미국 등 8개국의 12개 광산과 프로젝트를 포함합니다. 공모 수익은 이 전략적 인수를 위한 자금으로 사용될 예정입니다.

Vox Royalty (NASDAQ: VOXR) a mené à bien son offre publique souscrite, levant 63,25 millions de dollars grâce à l’émission de 17 094 750 actions ordinaires à 3,70 dollars l’action. L’offre incluait l’exercice intégral d’une option de surallocation de 15% par les souscripteurs.

De plus, la société a annoncé que toutes les conditions requises pour l’acquisition précédemment annoncée d’un portefeuille mondial d’or composé de dix actifs d’extraction et de redevances sur l’or ont été remplies. Le portefeuille couvre douze mines et projets dans huit pays, dont l’Australie, le Brésil, le Canada, la Côte d’Ivoire, le Mali, le Mexique, l’Afrique du Sud et les États-Unis. Le produit net de l’offre sera utilisé pour financer cette acquisition stratégique.

Vox Royalty (NASDAQ: VOXR) hat erfolgreich seine unterzeichnete öffentliche Emission abgeschlossen und 63,25 Millionen USD durch die Ausgabe von 17.094.750 Stammaktien zu 3,70 USD je Aktie eingenommen. Die Offer umfasst auch die vollständige Ausübung einer 15%-Überzeichnungsoption durch die Underwriter.

Zusätzlich gab das Unternehmen bekannt, dass alle Bedingungen für den zuvor angekündigten Erwerb eines globalen Goldportfolios erfüllt sind, das aus zehn Gold-Abnahme- und Royalty-Assets besteht. Das Portfolio erstreckt sich über zwölf Minen und Projekte in acht Ländern, darunter Australien, Brasilien, Kanada, Côte d’Ivoire, Mali, Mexiko, Südafrika und die Vereinigten Staaten. Die Nettosumme aus der Emission wird zur Finanzierung dieser strategischen Akquisition verwendet.

Vox Royalty (NASDAQ: VOXR) أكملت بنجاح عرضها العام المضمون، وجمعت 63.25 مليون دولار من خلال إصدار 17,094,750 سهماً عادياً بسعر 3.70 دولاراً للسهم. شمل العرض ممارسة خيار تجاوز التخصيص بنسبة 15% من قبل المكتتبين.

كما أعلنت الشركة أن جميع الشروط قد استوفيت لاستحواذها المعلن سابقاً على محفظة ذهب عالمية تتألف من عشرة أصول استخراج وتراخيص ذهب. تمتد المحفظة عبر اثني عشر منجماً ومشروعات في ثمانية بلدان بما في ذلك أستراليا والبرازيل وكندا وكوت ديفوار ومالي ومكسيك وجنوب أفريقيا والولايات المتحدة. سيتم استخدام صافي عائدات العرض لتمويل هذا الاستحواذ الاستراتيجي.

Vox Royalty (NASDAQ: VOXR) 已成功完成其承销公开发行,通过发行 17,094,750 股普通股,以每股 3.70 美元募集 6,325 万美元。此次发行包括承销商对 15% 超额配售权的全额行使。

此外,公司宣布,先前宣布的收购一项全球黄金投资组合的所有条件均已满足,该投资组合由十项黄金开采与特许权资产组成。该组合覆盖八个国家的十二座矿山和项目,包括澳大利亚、巴西、加拿大、科特迪Leaks Ivory Coast、马里、墨西哥、南非以及美国。发行所得净额将用于资助这一战略性收购。

Positive
  • Successfully raised $63.25 million through public offering
  • Full exercise of 15% over-allotment option by underwriters indicates strong demand
  • Strategic expansion through acquisition of diverse gold portfolio across 8 countries
  • Portfolio includes 10 gold offtake and royalty assets covering 12 mines and projects
Negative
  • Potential dilution for existing shareholders due to new share issuance

Insights

Vox Royalty significantly expands with $63.25M raised to acquire a global gold royalty portfolio spanning 12 mines across 8 countries.

Vox Royalty has successfully closed its $63.25 million public offering by issuing 17,094,750 common shares at $3.70 per share, which included the full exercise of a 15% over-allotment option. This capital raise is specifically earmarked for the company's acquisition of a substantial global gold portfolio from Deterra Royalties Limited subsidiaries - a transaction that was announced just days ago on September 23rd.

The acquired portfolio is strategically diverse, encompassing ten gold offtake and royalty assets covering twelve mines and projects across eight jurisdictions: Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States. This geographical diversification represents a significant expansion of Vox's global footprint and revenue base.

This transaction follows the typical model for royalty companies, which rely on raising capital to acquire new royalty streams that provide long-term, inflation-protected cash flows without the operational risks of direct mining. The successful public offering, co-led by major financial institutions BMO Capital Markets, Cantor Fitzgerald, and National Bank Financial, demonstrates strong investor confidence in Vox's growth strategy.

The full exercise of the over-allotment option is particularly noteworthy as it indicates robust market demand for Vox shares despite the significant dilution from issuing over 17 million new shares. For a royalty company, this scale of portfolio acquisition represents a transformative transaction that should meaningfully increase Vox's revenue diversification, cash flow visibility, and overall market presence in the mining royalty sector.

 All figures expressed in USD unless noted otherwise.

DENVER, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Vox Royalty Corp. (TSX: VOXR) (NASDAQ: VOXR) (“Vox” or the “Company”), a returns focused mining royalty and streaming company, is pleased to announce the closing of its previously announced primary underwritten public offering (the “Offering”) through a syndicate of underwriters (the “Underwriters”) co-led by BMO Capital Markets, Cantor Fitzgerald Canada Corporation and National Bank Financial Inc., who served as joint book-running managers for the Offering. In connection with the closing of the Offering, the Company issued 17,094,750 of its common shares (“Common Shares”) (inclusive of Common Shares issued pursuant to the full exercise by the Underwriters of a 15% over-allotment option) at a price of $3.70 per share for total gross proceeds to the Company of approximately $63.25 million.

The Company is also pleased to announce that all conditions precedent to the closing of the Company’s previously announced acquisition of a global gold portfolio of ten gold offtake and royalty assets, covering twelve mines and projects across eight jurisdictions, including Australia, Brazil, Canada, Côte d’Ivoire, Mali, Mexico, South Africa and the United States (the “Portfolio”) from certain subsidiaries of Deterra Royalties Limited, as announced on September 23, 2025 (the “Transaction”) have now been satisfied and the Company is proceeding with the closing of the Transaction. The purchase of the Portfolio is expected to be completed later today. The Company intends to use the net proceeds from the Offering to fund the purchase price for the acquisition of the Portfolio.

The Common Shares sold in the Offering are listed on The Nasdaq Capital Market (“Nasdaq”) under the symbol “VOXR”, and are conditionally approved for listing by the Toronto Stock Exchange (“TSX”) under the symbol “VOXR”. Listing of such Common Shares on the TSX will be subject to the fulfillment by the Company of the customary listing conditions of the TSX.

The Common Shares sold in the Offering (including those pursuant to exercise of the over-allotment option) were made by way of a final prospectus supplement that forms part of Vox’s existing short form base shelf prospectus dated February 13, 2025, filed pursuant to the shelf prospectus procedures established by National Instrument 44-102 - Shelf Distributions and Vox’s U.S. registration statement on Form F-10, as amended (File No. 333-284746), filed with the United States Securities and Exchange Commission (the “SEC”). A final prospectus supplement together with the accompanying base shelf prospectus or registration statement, as applicable, has been filed with the securities regulatory authorities in all provinces of Canada other than Québec, pursuant to the Multijurisdictional Disclosure System, and with the SEC in the United States, respectively. Copies of these documents are available on Vox’s profiles on the System for Electric Document Analysis and Retrieval website maintained by the Canadian Securities Administrators at www.sedarplus.ca and the SEC’s website at www.sec.gov, as applicable. Alternatively, copies of the final prospectus supplement and the accompanying base shelf prospectus or registration statement, as applicable, may also be obtained from BMO Capital Markets, at Brampton Distribution Centre c/o The Data Group of Companies, 9195 Torbram Road, Brampton, Ontario, L6S 6H2, by telephone at (905) 791-3151 Ext. 4312 or by email at torbramwarehouse@datagroup.ca, and in the United States by contacting BMO Capital Markets Corp., Attn: Equity Syndicate Department, 3 Times Square, 25th Floor, New York, NY 10036 (Attn: Equity Syndicate), Cantor Fitzgerald Canada Corporation by telephone at (212) 938,5000 or by email at prospectus@cantor.com, or National Bank Financial Inc. at 130 King Street West, 4th Floor Podium, Toronto, Ontario M5X 1J9, by telephone at (416) 869-8414 or by email at NBF-Syndication@bnc.ca.

About Vox

Vox is a returns focused mining royalty company with a portfolio of over 60 royalties spanning six jurisdictions. The Company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to target the highest returns on royalty acquisitions in the mining royalty sector. Since the beginning of 2020, Vox has announced over 30 separate transactions to acquire over 60 royalties.

Further information on Vox can be found at www.voxroyalty.com.

For further information contact:

Kyle Floyd 
Chief Executive Officer 
info@voxroyalty.com
(720) 602-4223

Cautionary Note Regarding Forward-Looking Statements and Forward-Looking Information

This press release contains “forward-looking statements”, within the meaning of the U.S. Securities Act of 1933, as amended, the U.S. Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate” “plans”, “estimates” or “intends” or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements.

The forward-looking statements and information in this press release include, but are not limited to, the fulfillment of the listing conditions of the TSX, the use of the proceeds from the Offering, the assets to be included in the Portfolio, the timing for the closing of the acquisition of the offtakes and the timing for the closing of the acquisition of the royalties.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which Vox will purchase precious metals or from which it will receive royalty payments, and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans are refined; problems related to the ability to market precious metals or other metals; industry conditions, including commodity price fluctuations, interest and exchange rate fluctuations; interpretation by government entities of tax laws or the implementation of new tax laws; the volatility of the stock market; competition; risks related to Vox’s dividend policy; epidemics, pandemics or other public health crises, geopolitical events and other uncertainties, such as the conflicts in Ukraine and in the Middle East, as well as those factors discussed in the section entitled “Risk Factors” in Vox’s annual information form for the financial year ended December 31, 2024 available at www.sedarplus.ca and the SEC’s website at www.sec.gov (as part of Vox’s Form 40-F).

Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statement prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Vox cautions that the foregoing list of material factors is not exhaustive. When relying on Vox’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.

Vox has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change, and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Vox as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While Vox may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

None of the TSX, its Regulation Services Provider (as that term is defined in policies of the TSX) or The Nasdaq Stock Market LLC accepts responsibility for the adequacy or accuracy of this press release.


FAQ

How much did Vox Royalty (VOXR) raise in its September 2025 public offering?

Vox Royalty raised $63.25 million by issuing 17,094,750 common shares at $3.70 per share, including the full exercise of the 15% over-allotment option.

What will Vox Royalty use the proceeds from the offering for?

The net proceeds will be used to fund the purchase price for the acquisition of a global gold portfolio consisting of ten gold offtake and royalty assets across eight countries.

Which investment banks led Vox Royalty's public offering?

The offering was co-led by BMO Capital Markets, Cantor Fitzgerald Canada Corporation, and National Bank Financial Inc. as joint book-running managers.

What assets are included in Vox Royalty's new gold portfolio acquisition?

The portfolio includes 10 gold offtake and royalty assets covering 12 mines and projects across Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa, and the United States.

On which exchanges are Vox Royalty's shares traded?

Vox Royalty's shares are listed on The Nasdaq Capital Market and the Toronto Stock Exchange (TSX) under the symbol 'VOXR'.
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