Vox Royalty Corp. (TSX: VOXR) (NASDAQ: VOXR)  a returns focused mining royalty company, is pleased to announce the closing of its previously announced primary underwritten public offering through a syndicate of underwriters co-led by Maxim Group LLC and BMO Capital Markets, who served as joint book-running managers for the Offering. In connection with the closing of the Offering, the Company issued 3,025,000 of its common shares (not including the Common Shares that may be acquired upon exercise of the Over-Allotment Option (as defined below)) at a public offering price of US$2.40 per share, before deducting underwriting commissions, for total gross proceeds to the Company of approximately US$7.26 million, prior to deducting underwriting commissions and offering expenses payable by the Company.

The Company granted to the Underwriters an option  to purchase up to an additional 453,750 Common Shares offered pursuant to the Offering on the same terms and conditions for a period of 30 days following and including the closing date of the Offering.

The net proceeds to the Company upon the closing of the Offering, after deducting the underwriting commissions and estimated offering expenses payable by the Company, were approximately US$6.19 million (assuming no exercise of the Over-Allotment Option). The Company intends to use the net proceeds from the Offering for future acquisitions of royalties and/or general working capital purposes.

The Common Shares sold in the Offering are listed on The Nasdaq Capital Market under the symbol “VOXR”, and are conditionally approved for listing by the Toronto Stock Exchange under the symbol “VOXR”. Listing of such Common Shares on the TSX will be subject to the fulfillment by the Company of the customary listing conditions of the TSX.

The Common Shares sold in the Offering were, and the Common Shares, if any, that may be sold upon exercise of the Over-Allotment Option will be, issued by means of written prospectuses and prospectus supplements that form part of Vox’s existing short form base shelf prospectus dated January 23, 2023, filed pursuant to the shelf prospectus procedures established by National Instrument 44-102 – Shelf Distributions and the requirements established by National Instrument 41-101 – General Prospectus Requirements and National Instrument 44-101 – Short Form Prospectus Distributions, and Vox’s U.S. registration statement on Form F-10, as amended (File No. 333-268011), filed with the United States Securities and Exchange Commission. Final prospectus supplements and the accompanying prospectuses have been filed with the securities regulatory authorities in all provinces of Canada, other than Québec, pursuant to the Multijurisdictional Disclosure System, and with the SEC in the United States. Copies of these documents are available on the System for Electric Document Analysis and Retrieval website maintained by the Canadian Securities Administrators at www.sedar.com and the SEC’s website at www.sec.gov, as applicable. Alternatively, copies of these prospectus supplements and the accompanying prospectuses may also be obtained from Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com, or BMO Capital Markets, in Canada at 9195 Torbram Road, Brampton, Ontario, L6S 6H2, Attn: Brampton Distribution Centre C/O The Data Group of Companies, by telephone at (905) 791-3151 (ext. 4312) or by email at torbramwarehouse@datagroup.ca or in the United States at 151 W 42nd Street, 32nd Floor, New York, NY 10036, Attn: Equity Syndicate Department, by telephone at (800) 414-3627 or by email at bmoprospectus@bmo.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Common Shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Vox

Vox is a returns focused mining royalty company with a portfolio of over 60 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 target the highest returns on royalty acquisitions in the mining royalty sector. Since the beginning of 2020, Vox has announced over 25 separate transactions to acquire over 50 royalties.