Vox Royalty Corp · TSX:VOXR
Vox Royalty — Investor Presentation (August 2021)
26 slides from Vox Royalty's investor presentation, August 2021
Slide 1: A Smart Way to Invest in Commodities
A Smart Way to Invest in Commodities INVESTOR PRESENTATION AUGUST 2021 TSX-V: VOX OTCQX: VOXCF
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 registration or qualification under the securities
Slide 3: Vox Royalty Overview
Vox Royalty Overview High growth precious-metals focused royalty company with critical mass of >50 royalties, established in 2014 and went public in May 2020 World’s largest proprietary royalty database of >8,000 royalties Exponential revenue growth +500% QoQ over last 4 quarters (avg. Q3-2020 to Q2
Slide 4: What differentiates Vox Royalty?
What differentiates Vox Royalty? One of the highest-levered commodity exposures and inflation hedges available Unique Proprietary IP (>8,000 royalties) Creates Vox’s Competitive Advantage to Fuel Quality, Organic Growth Technical Team Objectively Reviews Asset Quality and all Transaction Opportuniti
Slide 5: Why Royalty Companies?
Why Royalty Companies? Royalty companies have outperformed all major commodity benchmarks by +200% over 10 years1 What is a Royalty? Why Royalties vs. Mining Companies? Royalty Metal Physical $$ Co Miner ETF Funds Commodity Price Upside Fixed Operating Prospector Costs (discovered mine, sold for roy
Slide 6: Vox Overview
Vox Overview High Growth Royalty Company Focused on Sector-Leading Returns CAPITAL STRUCTURE Share Price Non-Precious C$2.85 (TSX-V as at August 17, 2021) 30% Shares Issued 39.5M PRECIOUS METALS Options 0.8M WEIGHTED Precious Warrants 5.4M 70% • 2.8M at C$4.50, expiry March 2024 • 2.3M at C$4.50, ex
Slide 7: Global Royalty Portfolio
Global Royalty Portfolio Critical mass of >50 royalties, 80% weighted to Tier 1 mining countries Australia / Canada / USA Near-term Asset Stage Current potential2 Lynn Lake Producing 5 5 Construction decision expected mid-2022 Development1 15 7 Exploration 34 - TOTAL 54 12 Montanore 3rd largest Brau
Slide 8: Key Producing Assets
Key Producing Assets High Quality Operations with Significant Expansion Potential KOOLYANOBBING SEGILOLA JANET IVY Australia, Iron Ore Nigeria, Gold Australia, Gold Producing Producing Producing 2.0% FOB revenue 1.5% NSR (capped) A$0.50/tonne » Mineral Resource for Deception/Altair deposit » Feasibi
Slide 9: Growth Assets
Growth Assets Well Capitalised Operators Rapidly Advancing Projects Forward LYNN LAKE BOWDENS SOUTH RAILROAD Canada, Gold Australia, Silver Nevada, Gold Feasibility Feasibility Pre-Feasibility 2.0% Gross Proceeds (post initial capital) 0.85% GRR + 1% GRR (regional) 0.633% NSR + Prepayments » Feasibi
Slide 10: Growth Assets (Cont.)
Growth Assets (Cont.) Development Projects Cover >10Moz of Associated Gold-Equivalent Ounces ASHBURTON PEDRA BRANCA BULLABULLING Australia, Gold Brazil, PGMs Australia, Gold Advanced Exploration Development Pre-Feasibility 1.75% GRR (>250Koz) 1% NSR A$10/ounce (>100Koz) » Mineral Resource of 1.65Moz
Slide 11: Management
Management Technically focused team with >$1.5B royalty transaction experience Kyle Floyd, CEO Founded Vox Royalty; 10+ years of streaming and royalty acquisition experience; instrumental TEAM HIGHLIGHTS in financing and advising approximately $1B in transactions; Studied MSc Mineral Economics (Colo
Slide 12: Rapid Organic Growth
Rapid Organic Growth Significant Growth in Producing Assets – large cap miner asset count at small cap cost VOX Producing Assets Peer Revenue Growth (2020 – 2023) – RedCloud Estimates 14 12 Vox 750% 12 Metalla 203% 10 Nomad 117% Franco-Nevada 28% 8 7 Altius 19% 6 Maverix 14% 4 Sandstorm Gold 14% 4 R
Slide 13: Unique M&A Process Unlocks Value
Unique M&A Process Unlocks Value Superior risk adjusted returns for investors through unique IP, technical team and deal sourcing EXAMPLES: Royalties Acquired from Unconventional Sellers: Unique Proprietary IP (>8,000 royalties) • Telecommunications company Proprietary database enables Vox to source
Slide 14: Why Vox? Why Now?
Why Vox? Why Now? Vox trading well below peers in relative valuation benchmarks Trading Below Peers on P/NAV basis Rapid Growth in Producing Assets 2.5 2.4x 2.1x 2.0 1.9x 1.7x 1.5x 1.5 1.1x 1.1x 1.0 0.9x 0.9x 0.8x 0.7x 0.5 0.0 VOX ELY OR NSR ELE SSL MMX WPM RGLD MTA FNV Source: S&P Capital IQ as at
Slide 15: Appendix
APPENDIX 15
Slide 16: Inflation Solution: Royalty Companies
Inflation Solution: Royalty Companies “The best way to invest in commodities you’ve never heard of” Royalty companies have outperformed Commodities provide a natural hedge 10-Year Indexed Price Performance all major commodity benchmarks to inflation 300 250 Royalty portfolios remove single-asset ris
Slide 17: Industry Leading M&A Growth
Industry Leading M&A Growth Critical mass achieved, executing on a full pipeline of opportunities 24 TRANSACTIONS AND >45 ROYALTIES ACQUIRED SINCE JAN 2019 HIGHLY ACCRETIVE TRANSACTION HISTORY 60 Vox Royalty − Unique sourcing capability resulting in royalties acquired at attractive values − Producin
Slide 18: Proprietary Royalty Database
Proprietary Royalty Database First mover advantage leveraging >8,000 proprietary royalty opportunities Vox acquired Mineral Royalties Acquisition yields wider Royalty Database example – Online Intellectual Property in 2019 transactional opportunities Kalgoorlie, Australia − Acquisition included a pr
Slide 19: Full Portfolio
Full Portfolio Current Royalty & Streaming Interests Assets Interest Commodity Stage Jurisdiction Operator Koolyanobbing 2.0% FOB revenue Iron Ore Producing Australia Mineral Resources Ltd (part Deception/Altair pits) Segilola 1.5% net smelter royalty (US$3.5M cap) Gold Producing Nigeria Thor Explor
Slide 20: Full Portfolio (continued)
Full Portfolio (continued) Current Royalty & Streaming Interests Assets Interest Commodity Stage Jurisdiction Operator Montanore US$0.20/ton Silver, Copper Development USA Hecla Mining Pitombeiras 1.0% net smelter royalty Vanadium, Titanium, Iron Development Brazil Jangada Mines 1.75% Gross Sales ro
Slide 21: Full Portfolio (continued)
Full Portfolio (continued) Current Royalty & Streaming Interests Assets Interest Commodity Stage Jurisdiction Operator A$1/t ore production royalty Exploration Kookynie (Melita) Gold Australia Genesis Minerals (>650Kt ore mined & treated) (Feasibility due 2021) Holleton 1.0% net smelter royalty Gold
Slide 22: Full Portfolio (continued)
Full Portfolio (continued) Current Royalty & Streaming Interests Assets Interest Commodity Stage Jurisdiction Operator 1% NSR Exploration Kenbridge Nickel, Copper, Cobalt Canada Tartisan Nickel Corp. (fully buyback C$1.5M) (PEA due Q3 2021) 2% Gross Proceeds Exploration Lynn Lake (Nickel) Nickel, Co
Slide 23: Full Portfolio (continued)
Full Portfolio (continued) Current Royalty & Streaming Interests Assets Interest Commodity Stage Jurisdiction Operator Northern Star Merlin 0.75% gross revenue royalty (>250koz) Gold Exploration Australia Resources Accelerate Resources Comet Gold 1% net smelter return Gold Exploration Australia Ltd
Slide 24: Technical & Third-Party Information
Technical & Third-Party Information Technical & Third-Party Information Market and industry data presented throughout the presentation was obtained form third-party sources, industry reports and publications, websites and other publicly available information as well as industry and other data prepar
Slide 25: 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”)). The sec
Slide 26: Contact
+1 345 926 4209 info@voxroyalty.com www.voxroyalty.com Strathvale House, 90 North Church St Grand Cayman Cayman Islands 26