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VOXR.TO ·

Vox Announces Closing of C$16.85 Million Overnight Marketed Public Offering

Financings

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION

IN THE UNITED STATES

VOX ANNOUNCES CLOSING OF C$16.85 MILLION OVERNIGHT

MARKETED PUBLIC OFFERING

GEORGE TOWN, CAYMAN ISLANDS – March 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the

“Company”), a high growth precious metals focused royalty company, announced today that it has closed its

previously announced overnight marketed public offering (the “Offering”) through a syndicate of underwriters co-

led by BMO Capital Markets and Cantor Fitzgerald Canada Co rporation, and including Stifel Nicolaus Canada Inc.

and Red Cloud Securities Inc. (collectively, the “Underwriters”). In connection with closing of the Offering, the

Company issued 5,615,766 units of the Company (the “Units”) at a price of C$3.00 per Unit , which includes the

Underwriters’ partial exercise of an over-allotment option to acquire an additional 615,766 Units. The gross proceeds

of the Offering prior to deducting commission and expenses was approximately $16.85 million.

Each Unit issued consists of one ordinary share of the Company (a “Share”) and one half of one ordinary share

purchase warrant of the Company (each full ordinary share purchase warrant, a “Warrant”). Each Warrant will be

exercisable to acquire one Share of the Company (a “Warrant Share”) for a period of 36 months following the closing

date of the Offering at an exercise price of C$4.50 per Warrant Share, subject to adjustment in certain events.

In consideration for services provided in connection with the Offering, the Underwriters received a cash commission

equal to 6.0% of the gross proceeds of the Offering. The net proceeds of the Offering will be used to support continued

growth of the Company’s portfolio of assets and for general corporate purposes.

The TSX Venture Exchange has conditionally approved the listing of the Shares underlying the Units and the Shares

underlying the Warrants. Listing of such Shares will be subject to the fulfillment by the Company of the customary

listing conditions of the TSX Venture Exchange. The Offering was made pursuant to a prospectus supplement dated

March 22, 2021 and a base shelf prospectus dated October 2, 2020 filed in each of the provinces of Canada other than

Quebec. Copies of the documents are available on SEDAR at www.sedar.com.

About Vox

Vox is a high growth precious metals royalty and streaming company with a portfolio of over 40 royalties and streams

spanning nine jurisdictions. The Company was established in 2014 and has since built unique intellectual property, a

technically focused transactional team and a global sourcing network which has allowed Vox to become the fastest

growing company in the royalty sector. Since the beginning of 2019, Vox has announced over 15 separate transactions

to acquire over 40 royalties.

Further information on Vox can be found at www.voxroyalty.com.

For further information contact:

Kyle Floyd

Chief Executive Officer

[email protected]

Cautionary Note Regarding Forward Looking Information

This news release contains certain forward -looking statements. Any statements that express or involve discussions

with respect to predictio ns, expectations, beliefs, plans, projections, objectives, assumptions or future events or

performance (often, but not always, using words or phrases such as “expects” or “does not expect ”, “is expected”,

“anticipates” or “does not anticipate ” “plans”, “estimates” or “intends” or stating that certain actions, events or

results “ may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical

fact and may be “forward-looking statements”. Such forward-looking statements or information in this press release

include but are not limited to statements or information with respect to the use of the net proceeds of the Offering and

the fulfillment of the listing conditions of the TSX Venture Exchange.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which

may cause Vox’s actual results, performance or achievements or other future events, to be materially different from

any future results, performance or achievements expressed or implied by such forward-looking statements.

Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the

forward-looking information or statement prove incorrect, actual results may vary materially from those described

herein as intended, planned, anticipated, believed, estimated or expected. Vox cautions that the foregoing list of

material factors is not exhaustive. When relying on the Company ’s forward-looking statements and information to

make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and

potential events.

The forward-looking information contained in this press release represents the expectations of Vox as of the date of

this press release and, accordingly, is subject to change after such date. Readers should not place undue importance

on forward looking information and should not rely upon this information as of any other date. While Vox may elect

to, it does not undertake to update this information at any particular time except as required in accordance with

applicable laws.

Not for distribution to United States newswire services or for dissemination in the United States. This press release

does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The

securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the

“U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.

Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from

such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.