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VOX ANNOUNCES Q3 2022 REVENUES

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VOX ANNOUNCES Q3 2022 REVENUES

 

 

 

 

 

Vox Royalty Corp. (TSX-V: VOX) (NASDAQ: VOXR) a returns focused mining royalty company, is pleased to announce that it has realized preliminary quarterly royalty revenue receipts of US$2,976,000(1) for the three-month period ended September 30, 2022.

 

Strong Q3 2022 Preliminary Revenues

 

Quarterly revenue was largely driven by record gold royalty revenues from the Segilola gold royalty asset during the period along with consistent quarter over quarter revenues associated with the Wonmunna iron ore royalty.

 

Quarterly, year to date, and annual royalty receipts guidance figures are summarized in the below table:

 

Three months ended
September 30, 2022
Nine months ended
September 30, 2022
2022 Annual
Guidance
Royalty Receipts (US$) $2,976,000 $7,612,000 $7,800,000 – $9,400,000(1)

 

Kyle Floyd, Chief Executive Officer stated: “The past three months have been incredibly productive for Vox, with near-record quarterly revenues, declaration of an inaugural quarterly dividend, commencement of trading on The Nasdaq Stock Market and production commencement at the Otto Bore gold mine. Despite uncertain macroeconomic and geopolitical times, Vox continues to deliver sector leading returns on deployed capital for investors, driven by technically-sound royalty asset selection. The outlook for upcoming organic developments in Vox’s current portfolio of royalties, as well as counter-cyclical accretive royalty acquisitions, remains very strong.”

 

About Vox

 

Vox is a returns focused mining royalty 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 target the highest returns on royalty acquisitions in the mining royalty sector. Since the beginning of 2020, Vox has announced over 20 separate transactions to acquire over 50 royalties.

 

Posted October 27, 2022

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