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VOX ANNOUNCES PRICING OF US$7.26 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON SHARES
VOX ANNOUNCES PRICING OF US$7.26 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON SHARES ...
About this update from Vox Royalty Corp
[{"type":"text","content":"\n \n \n \n VOX ANNOUNCES PRICING OF US$7.26 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON SHARES\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 13, 2023\n \n \n /CNW/ -\n \n Vox Royalty Corp.\n \n (TSX: VOXR) (NASDAQ: VOXR) (\"\n \n Vox\n \n \" or the \"\n \n Company\n \n \"), a returns focused mining royalty company, is pleased to announce the pricing of its previously announced primary underwritten public offering (the \"\n \n Offering\n \n \") of 3,025,000 of its common shares (\"\n \n Common Shares\n \n \") at a public offering price of\n \n US$2.40\n \n per share (the \"\n \n Public Offering Price\n \n \"), before deducting underwriting discounts and commissions. The Offering is expected to close on or about\n \n June 16, 2023\n \n , subject to customary closing conditions and the receipt of regulatory approvals, including the approval of the Toronto Stock Exchange (\"\n \n TSX\n \n \").\n \n \n \n \n \n \n \n \n \n In connection with the Offering, Vox entered into an underwriting agreement, dated\n \n June 13, 2023\n \n (the \"\n \n Underwriting Agreement\n \n \"), with Maxim Group LLC and BMO Capital Markets, as lead underwriters and acting as representatives of a syndicate of underwriters (the \"\n \n Underwriters\n \n \"), pursuant to which the Underwriters agreed to purchase 3,025,000 Common Shares from Vox for total gross proceeds of\n \n US$7.26 million\n \n . Pursuant to the Underwriting Agreement, Vox granted to the Underwriters an option to purchase up to an additional 453,750 Common Shares offered pursuant to the Offering on the same terms and conditions for a period of 30 days following and including the closing date of the Offering.\n \n \n Maxim Group LLC and BMO Capital Markets are serving as joint book-running managers for the Offering.\n \n \n The net proceeds to Vox from the Offering, after deducting the underwriting discounts and commissions and estimated offering expenses payable by Vox, are expected to be approximately US$$6.19 million. Vox intends to use the ...