Business
Vox Royalty Announces Q1 2025 Financial Results, Increases 2025 Revenue Guidance and Declares Quarterly Dividend
DENVER, COLORADO / ACCESS Newswire / May 15, 2025 / Vox Royalty Corp. (TSX: VOXR )(NASDAQ...
About this update from Vox Royalty Corp
[{"type":"text","content":"Vox Royalty Announces Q1 2025 Financial Results, Increases 2025 Revenue Guidance and Declares Quarterly Dividend DENVER, COLORADO / ACCESS Newswire / May 15, 2025 / Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR)(\"Vox\" or the \"Company\"), a returns focused mining royalty company, is pleased to announce its operating and financial results for the first quarter ended March 31, 2025. All amounts in U.S. dollars unless otherwise indicated.Kyle Floyd, Chief Executive Officer, stated: \"Vox's first quarter performance continues to demonstrate the strength of our producing royalty portfolio, with consistent revenue generation underpinned by organic growth across our gold royalty assets. Recent record gold prices of over A$5,300/ounce are fast-tracking the development and production timelines of several Western Australian projects, driving potential near-term cash flow upside. We are excited for numerous expected gold project catalysts during the quarter ahead, including the ownership change and fast-tracking at the Bullabulling gold project and ramp of mining at Plutonic East, Boundary and Castle Hill gold deposits. In parallel, our recent acquisition of the producing Kanmantoo copper-gold royalty in South Australia further enhances our near-term revenue growth profile and diversification while maintaining our industry leading weighting to Australian royalty assets.\"Increased 2025 Outlook and GuidanceThe operational performance of the Vox portfolio during the first quarter was in line with management expectations. Management anticipates that the Company's newly producing gold assets will continue to increase production and processing over the coming quarters. On February 20, 2025, Vox estimated that 2025 royalty revenue guidance would be in the range of $12 million to $14 million. Following the acquisition of the Kanmantoo royalty and factoring in expected revenue associated therewith, Vox now estimates 2025 royalty revenue to total $13 million to $15 million.Management's revised 2025 outlook on royalty revenue is based on publicly available information of the owners or operators of projects on which the Company has a royalty interest and which management believes to be reliable. When publicly available forecasts on properties are not available, management seeks to obtain internal forecasts from the owners or operators, if available, or ...