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Vox Introduces Dividend Reinvestment Plan and Announces Approval of 2024 Share Repurchase Program

TORONTO, ON / ACCESSWIRE / March 18, 2024 / Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR) (" ...

articleVox Royalty CorpMarch 18, 20243/company/vox-royalty-corp/news/vox-introduces-dividend-reinvestment-plan-and-announces-approval-of-2024-share-repurchase-program
Vox Introduces Dividend Reinvestment Plan and Announces Approval of 2024 Share Repurchase Program

About this update from Vox Royalty Corp

[{"type":"text","content":"Vox Introduces Dividend Reinvestment Plan and Announces Approval of 2024 Share Repurchase ProgramTORONTO, ON / ACCESSWIRE / March 18, 2024 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR)(\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to announce that its Board of Directors has adopted a dividend reinvestment plan (\"DRIP\") and approved a share repurchase program (\"SRP\").Dividend Reinvestment PlanThe DRIP provides eligible shareholders of Vox with the opportunity to have all, or a portion of any cash dividends declared on common shares by the Company automatically reinvested into additional common shares, without paying brokerage commissions. At the current time, the common shares will be issued under the DRIP at a 5% discount to the Average Market Price, as defined in the DRIP.The Company has the discretion to cause share issuances under the DRIP to be satisfied by issuing common shares from treasury or through purchases of common shares on the open market including the facilities of the Toronto Stock Exchange, the Nasdaq, or any other alternative open market in Canada or the United States, and will advise as such with each dividend declaration.The Company has adopted the DRIP commencing with its upcoming Q1 2024 dividend. In order to be eligible to receive DRIP shares in lieu of cash for the Q1 2024 dividend, enrollment must be completed by registered shareholders by 5:00 pm (Toronto time) on Thursday, March 21, 2024. Beneficial shareholders will need to make arrangements in advance of such time through their brokers and/or nominees in accordance with such parties' internal requirements. For its Q1 2024 dividend, the Company intends to issue common shares from treasury.Participation in the DRIPParticipation in the DRIP is optional and will not affect shareholders' cash dividends unless they elect to participate in the DRIP.Participation in the DRIP is expected to be available to registered shareholders residing in Canada and all other jurisdictions where such participation is not prohibited under applicable law, subject to withholding tax (if applicable). Participation in the DRIP will not be available for residents of the United States at this time.Registered ShareholdersRegistered Shareholders may enroll in the DRIP by completing an enrollment form, which is available on the Company's website...

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