DENVER, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR) ("Vox" or the "Company"), a returns focused mining royalty and streaming company, is pleased to confirm the pricing of its previously announced public offering (the "Offering") of common shares of the Company ("Common Shares") at an offering price of $3.70 per share (the "Offering Price"). The Offering is expected to close on or about September 26, 2025, subject to customary closing conditions and the receipt of regulatory approvals, including the approval of the Toronto Stock Exchange ("TSX") and the Nasdaq Capital Markets.
In connection with the Offering, Vox entered into an underwriting agreement, dated September 24, 2025 (the "Underwriting Agreement") with each of BMO Capital Markets, Cantor Fitzgerald Canada Corporation and National Bank Financial Inc., as lead underwriters (the "Underwriters"), pursuant to which the Underwriters agreed to purchase 14,865,000 Common Shares from Vox for total gross proceeds of $55 million. Pursuant to the terms of the Underwriting Agreement, Vox granted the Underwriters an over-allotment option to purchase up to an additional 2,229,750 Common Shares at the Offering Price for a period of 30 days following and including the closing date of the Offering.
Vox intends to use the net proceeds from the Offering, subject to certain conditions precedent being satisfied or waived by the parties, to fund the acquisition of a global gold portfolio of ten gold offtake and royalty assets, covering twelve mines and projects across eight jurisdictions, including Australia, Brazil, Canada, Côte d'Ivoire, Mali, Mexico, South Africa and the United States (the "Portfolio") from certain subsidiaries of Deterra Royalties Limited, as announced on September 23, 2025. If Vox uses less than the full amount of the net proceeds from the Offering to purchase the Portfolio, the Company will reallocate those funds to the acquisition of additional royalties over the next 12-24 months.
The Offering is being made by way of a final prospectus supplement that forms part of Vox's existing short form base shelf prospectus dated February 13, 2025, filed pursuant to the shelf prospectus procedures established by National Instrument 44-102 - Shelf Distributions and National Instrument 44-101 - Short Form Prospectus Distributions, and Vox's U.S. registration statement on Form F-10, as amended (File No. 333-284746), filed with the United States Securities and Exchange Commission (the "SEC"). A final prospectus supplement together with the accompanying base shelf prospectus or registration statement, as applicable, will be filed with the securities regulatory authorities in all provinces of ...
