Vox Completes Acquisition of Strategic Australian Royalty Portfolio

About this update from Vox Royalty Corp

[{"type":"text","content":"Vox Completes Acquisition of Strategic Australian Royalty PortfolioTORONTO, ON / ACCESSWIRE / May 14, 2024 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR) (\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to announce that it has completed the acquisition of an advanced portfolio of four Australian royalties at various stages of development including: construction, development and exploration and the rights to one production-linked milestone payment (the \"Portfolio\"), from a private Australian group for cash consideration of A$4,700,000 (the \"Transaction\"). This transaction was originally referenced in a Vox press release dated 13 February 2024.Spencer Cole, Chief Investment Officer of Vox stated: \"We are excited to complete this Australian royalty portfolio investment and we expect meaningful revenue from Castle Hill from early 2026 onwards. Of note, this transaction increases our large-cap operator portfolio weighting to over 65%, adding 3 assets operated by Australian gold producer Evolution Mining, who produced over 650,000 gold ounces and meaningful amounts of copper in the 2023 fiscal year. This portfolio also provides Vox investors with added copper, cobalt and rare earth metals exposure across the Halls Creek and Broken Hill royalties. Vox now owns over 50 separate Australian assets, the majority of which are benefiting from the ‘rising tide' of record high AUD-denominated gold and copper prices.\"Transaction HighlightsAddition of four Australian royalties and the rights to one gold production-linked milestone payment in Western Australia and New South Wales, heavily weighted to gold and copper;Near-term revenue potential from early 2026 onwards from the construction-stage Castle Hill gold project in Western Australia (\"Castle Hill\"), operated by Evolution Mining Ltd (\"Evolution\"), which is a key part of the A$250M Mungari Mine Life Extension project and mill expansion to 4.2Mtpa (\"Mungari 4.2 Project\") announced by Evolution on 5 June 2023;Further production potential from the past-producing Kunanalling gold project, which is located less than 15km from the Mungari Mill and also part of Evolution's integrated Mungari 4.2 Project;Provides critical metals exposure to copper, cobalt and rare earth metals exposure across the Halls Creek and Broken Hill exploration projects; andS...

More updates from Vox Royalty Corp