Vox Royalty Buys Producing Gold Royalty In New South Wales, Australia for A$650,000

Vox Royalty (VOXR.TO) on Thursday said its unit, Vox Royalty Australia Pty, completed the acquisition of a portfolio of two Australian gold and copper royalties from a third party in Australia for total cash consideration of up to A$650,000.

The company said it paid A$450,000 at closing and a further A$200,000 is payable on the satisfaction of post-closing conditions, which Vox expects to be satisfied later in 2026. The portfolio includes a 4.5% gold royalty payable on production of the first 250,000 ounces (oz) of gravity gold, of which 46,372oz remain payable, from the Hera Tenement EL6162 in New South Wales, Australia.

The portfolio also includes the rights to an uncapped feasibility-stage copper tonnage royalty in Western Australia. The Tenement is currently held and operated by a unit of Aurelia Metals.

"We are acquiring 2,087oz of production-stage GEOs (46,372oz x 4.5%) at an implied cost of less than $200/ounce," said Vox Royalty President Spencer Cole. "Further, we expect an active year on business development within Vox's core focus of acquiring near-term producing legacy royalties."

Shares of the company were last seen down 0.6% at $7.95 on the Toronto Stock Exchange.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

Comments are closed.

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 CMC Metals Ltd. CMB.V +900.00%
 Eden Energy Ltd EDE.AX +200.00%
 GoviEx Uranium Inc. GXU.V +42.86%
 Eagle Nickel Ltd. ENL.AX +41.67%
 Citigold Corp. Limited CTO.AX +33.33%
 Mount Burgess Mining NL MTB.AX +33.33%
 Exalt Resources Limited ERD.AX +31.94%
 Casa Minerals Inc. CASA.V +30.00%
 Cariboo Rose Resources Ltd CRB.V +28.57%
 Belmont Resources Inc. BEA.V +28.57%