Vox Announces Q3 2021 Revenues and Multiple Royalty Production Records
VOX ANNOUNCES Q3 2021 REVENUES
AND MULTIPLE ROYALTY PRODUCTION RECORDS
TORONTO, CANADA – November 2, 2021 – 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 preliminary quarterly royalty revenue of
C$1,558,800 (US$1,223,400)(1) for the three-month period ended September 30, 2021.
Quarterly revenue benefitted from record royalty-linked gold production by Karora Resources Inc. (TSX: KRR) from the Hidden
Secret and Mousehollow deposits at Higginsville covered by the Dry Creek royalty and record royalty-linked iron ore production
volumes by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, and consistent royalty r evenues from each of the
Company’s Janet Ivy gold royalty and Brauna diamond royalty. Royalty revenues relative to Q2 2021 were inline in spite of a
significant reduction in realised iron ore pricing at Koolyanobbing.
Quarterly, year to date, and annual revenue guidance figures are summarized in the below table:
Three months ended
September 30, 2021
Nine months ended
September 30, 2021
(Fiscal 2021 YTD)
2021 Annual
Guidance
Royalty revenue (C$) $1,558,800 $3,856,000 $4,000,000 – $5,000,000
Royalty revenue (US$) $1,223,400(1) $3,077,500 $3,200,000 – $4,000,000
Kyle Floyd, Chief Executive Officer stated: “We are pleased to announce another quarter of strong royalty revenue and multiple
royalty-linked production records at Higginsville and Koolyanobbing. The Vox portfolio remains on track to deliver revenue at the
higher end of our expectations, even in light of revenue guidance doubling in July 2021. Further, we anticipate first royalty revenue
from our Segilola asset during Q4/Q1, following the achievement of commercial production at Segilola in October. The coming
quarters present even more value accretive developments for Vox shareholders to look forward to , as we continue our industry
leading organic growth trajectory from 5 to 10 producing assets by late 2023.”
About Vox
Vox is a high growth precious metals royalty and streaming company with a portfolio of over 50 royalties and streams spanning
eight 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 20 separate transactions to acquire over 45 royalties.
Further information on Vox can be found at www.voxroyalty.com.
For further information contact:
Kyle Floyd
Chief Executive Officer
+1-345-815-3939
Pascal Attard
Chief Financial Officer
+1-345-815-3939
Cautionary Note Regarding Forward Looking Information
This news release contains certain forward-looking statements. Any statements that express or involve discussions with respect to
predictions, 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”. Forward-looking statements
are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected
in the forward-looking statements.
The forward-looking statements and information in this press release include, but are not limited to Vox’s anticipated outlook for
the 2021 fiscal year, completion of certain anticipated milestones, tra nsactions and developments by the operators of certain
underlying projects and mines in respect of Vox’s royalty and stream portfolio, anticipated future cash flows, future financi al
reporting by Vox, the receipt of payments from Vox’s mining royalty and s treaming portfolio, the requirements for regulatory
approvals and third party consents, and the completion of mine construction, production and expansion under construction phases
at the mines or properties that Vox holds an interests in.
Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable
and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic
and competitive uncertainties and contingencies. Forward -looking statements and information are subject to various known and
unknown risks and uncertainties, many of which are beyond the ability of Vox to control or predict, that may cause Vox’s actu al
results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based
on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the requiremen t for
regulatory approvals and third party consents, the impact of general business and economic conditions, the absence of control
over the mining operations from which Vox will receive royalties, including risks related to international operations, govern ment
relations and environmental regulation, the inherent risks involved in the exploration and development of mineral properties; the
uncertainties involved in interpreting exploration data; the potential for delays in exploration or development activities; t he
geology, grade and continuity of mineral deposits; the impact of the COVID -19 pandemic; the possibility that future exploration,
development or mining results will not be consistent with Vox’s expectations; accidents, equipment breakdowns, title matters, labor
disputes or other unanticipated difficulties or interruptions in operations; fluctuating metal prices; unanticipated costs and
expenses; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; currency
fluctuations; regulatory restrictions, including environmental regulatory restrictions; liability, competition, loss of key employees
and other related risks and uncertainties. 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.
Vox has assumed that the material factors referred to in the previous paragraph will not cause such forward looking statement s
and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject
to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. 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.
Neither the TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notes:
(1) These figures have not been audited and are subject to change. As the Company has not yet finished its quarter-end close
procedures, the anticipated financial information presented in this press release is preliminary, subject to final quarter -
end closing adjustments, and may change materially.