Vox Royalty Corp · TSX:VOXR
Vox Royalty — Mining Forum Americas 2026
17 slides from Vox Royalty's conference presentation, Sep 28, 2026
Slide 1: A Smarter Commodity Investment
A Smarter Commodity Investment Mining Forum Americas 2026 28 September 2026 NASDAQ: VOXR TSX: VOXR
Slide 2: Disclaimer
Disclaimer This presentation shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the securities laws of any such jurisdiction. This
Slide 3: Vox at a Glance
Vox at a Glance A returns-focused mining royalty company: what we do, in numbers What we do Vox Royalty owns royalties and streams on more than 80 mines and development projects operated by others. Vox collects a share of production revenue with no capital, operating or closure costs, and acquires t
Slide 4: Corporate Overview
Corporate Overview A global mining royalty and streaming portfolio with embedded organic growth CAPITAL STRUCTURE Other, Share Price PRECIOUS 11% (NASDAQ: VOXR as of September 16, 2026) $5.51 METALS Shares Issued 69.5M WEIGHTED Options 2.9M (1H 2026 ROYALTY & NET PRECIOUS METAL RECEIPTS4 Gold, 89% (
Slide 5: Financial Track Record and 2030E Outlook
Financial Track Record and 2030E Outlook Receipts expected to double in 2026; +$66M expected receipts by 2030E from existing assets Royalty and net precious metal receipts (US$M). 2026F at guidance midpoint; Bottom line, 1H 2026 2030E is the May 2026 outlook. +$100M • Receipts $22.2M (record) Red Hi
Slide 6: Targeting the highest ROIC in the royalty industry
Targeting the highest ROIC in the royalty industry Consistent growth, a scalable business model, and a disciplined focus on risk-adjusted returns Return on Invested Capital Cash Flow per Share Growth Disciplined Capital Allocation 28% 9.5x Margin of 2026F ROIC, vs. 5-year history Operating CFPS grow
Slide 7: Sorby Hills Royalty Acquisition
Sorby Hills Royalty Acquisition Uncapped 0.75% NSR over a fully funded silver-lead mine under construction in Western Australia for US$13M US$13M Silver & Lead H2 2027 Total Cash Consideration Permitted • Funded • Under Construction Targeted First Concentrate Production Funded from cash on hand; com
Slide 8: Other Australian Deals - Q3 2026
Other Australian Deals - Q3 2026 Three accretive Australian gold and copper royalties acquired for A$8.4 million in cash — closed September 2026 ~US$6M Gold & Copper +2,000km2 Producing • Development • Exploration Uncapped, Large Land Packages Total Cash Consideration A ‘balanced bar-bell’ of near-t
Slide 9: Significant Organic Growth Potential
Significant Organic Growth Potential Potential for 20 Producing Assets by End of 2028#, heavily weighted to Australia Satellites / Construction Underway Pre-Construction Earlier Studies PRODUCING Feasibility Tolling Expected / Early Works / Restart (Scoping, PEA, PFS) Greenstone Mt Ida Lynn Lake (Ma
Slide 10: Producing Assets
Producing Assets Cash-flowing royalties and offtake-streams on mines run by established operators Greenstone Bonikro Kanmantoo Janet Ivy White Dam Blyvoor Gold offtake-stream Gold offtake-stream 2.0% NSR Gold offtake-stream 2.5% NSR A$0.50/t royalty Vox Interest 58.5 koz/yr to Mar 2027, 50% of produ
Slide 11: Development Assets
Development Assets Advanced projects with defined paths to production between 2027 and 2030 Red Hill Bowdens Kalman Stockman Los Filos Sugar Zone 4.0% GRR 0.85% GRR Gold offtake-stream 2.0% royalty 1.5% NSR Gold offtake-stream Vox Interest Mining lease M27/57 Plus 1.0% GRR on regional 50% of product
Slide 12: Vox is trading at a discount to peers
Vox is trading at a discount to peers Discounted to peers on both 2026F receipts and 2030E outlook multiples Market Cap / 2026F Receipts Market Cap / 2030E Receipts 60x 12x 11.4x 50.6x 50x 10x 9.6x Peer avg: 9.4x 40x 8x +65% 7.1x +177% 30x Peer avg: 27.8x 6x 5.7x 20x 17.8x 4x +155% 15.1x Incl. Red H
Slide 13: Why Vox? Why Now?
Why Vox? Why Now? Delivering superior per-share returns, significant organic growth, discounted vs. peers +100% ~300% 28% receipts growth, 2025 to 2026F potential organic receipts growth, return on invested capital, 2025 to 2030E 2026F guidance midpoint • Targeting the highest return on invested cap
Slide 14: Questions?
QUESTIONS? Vox ROYALTY
Slide 15: Technical & Third-Party Information
Technical & Third-Party Information Technical & Third-Party Information Market and industry data presented throughout this presentation was obtained form third-party sources, industry reports and publications, websites and other publicly available information as well as industry and other data prepa
Slide 16: Notes
Notes Cautionary Note to United States Investors The information herein is not for distribution and does not constitute an offer to buy any securities within the United States (as defined in Regulation S under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”). Securiti
Slide 17: ir@voxroyalty.com www.voxroyalty.com
+1 (720) 602 4223 ir@voxroyalty.com www.voxroyalty.com 1499 West 120th Ave, Suite 110 Westminster, CO 80234 USA