Business
Vox Royalty Announces Record Revenues In Q1 2022 & Notes Upcoming Investor Engagement
TORONTO, May 2, 2022 /CNW/ - Vox Royalty Corp. (TSXV: VOX) ("Vox" or the "Company"), a high growth precious metals focused royalty company, is pleased to announ
About this update from Vox Royalty Corp
[{"type":"text","content":" TORONTO, May 2, 2022 /CNW/ - Vox Royalty Corp. (TSXV: VOX) (\"Vox\" or the \"Company\"), a high growth precious metals focused royalty company, is pleased to announce that it has realized record preliminary quarterly revenue of C$1,862,600 (US$1,471,000)(1) for the three-month period ended March 31, 2022. Record Q1 2022 Preliminary Revenues Quarterly revenue growth was largely driven by the first full quarter of gold royalty revenues from the Segilola gold royalty asset, which benefitted from high sustained production and gold prices, complemented by a rebound in quarterly iron ore prices associated with the Koolyanobbing iron ore royalty. Kyle Floyd, Chief Executive Officer stated: \"We are excited to announce record quarterly revenue for Q1 2022 that exceeded management's high expectations. This result is the continuation of a particularly exciting period in Vox's eight plus year history as revenue and profitability continue to grow, validating the unique competitive advantages which Vox leverages in generating sector leading returns on invested capital. Vox's organic revenue growth is a product of the Company's stated strategy of acquiring high quality third-party royalties, many of which are over projects with productive near-term development and production catalysts. The coming quarters and years should continue to reflect a robust increase in revenues from both current production-stage assets and development-stage projects that we expect to come online in the near-term.\" Upcoming Investor Engagement in Q2 2022 The Company is pleased to announce that in the current quarter, Vox management will be participating in the following conferences and investor roadshows: USA investor roadshow (in-person, Boston) – May 4th to 5th; USA investor roadshow (in-person, Denver) – May 10th; Mining Indaba 2022 (in-person, Cape Town) – May 9th to 12th; Vancouver Resource Investment Conference (in-person, Vancouver) – May 17th to 18th; USA investor roadshow (in-person, South Florida) – May 17th to 18th; LD Micro Invitational XII Conference (in-person, Los Angeles) – June 7th to 9th; and PDAC Mining Conference (in-person, Toronto) – June 13th to 15th. Vox management looks forward to engaging with investors, operating partners and royalty holders at these in-person conferences and investor roadshow. If you wish to meet with Vox management at t...