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Vox Royalty Corp. announced on September 24, 2025, the launch of a public offering initially comprising 14,865,000 common shares at US$3.70 per share, for gross proceeds of approximately US$55 million. The offering closed on September 26, 2025, with the company ultimately issuing 17,094,750 common shares (including the full exercise of a 15% over-allotment option), raising total gross proceeds of approximately US$63.25 million (about C$87,400,000). The shares are listed on the Nasdaq Capital Market under “VOXR” and are conditionally approved for listing on the Toronto Stock Exchange.
The offering was conducted through a syndicate of underwriters co-led by BMO Capital Markets, Cantor Fitzgerald Canada Corporation, and National Bank Financial Inc. Proceeds will primarily fund Vox’s acquisition of a global gold portfolio from subsidiaries of Deterra Royalties Limited. This portfolio includes ten gold offtake and royalty assets across twelve mines and projects in eight countries, with a total consideration of approximately US$57.5 million upfront and US$2.5 million in deferred contingent payments.
All conditions for the acquisition have been satisfied, and the transaction is expected to close immediately following the offering. Legal counsel included McCarthy Tétrault LLP and Dorsey & Whitney LLP for Vox, and Borden Ladner Gervais LLP and Ellenoff Grossman & Schole LLP for the underwriters.
Parties
Company
Vox Royalty Corp.
Bank
BMO Nesbitt Burns Inc
Company
Cantor Fitzgerald Canada Corporation
Bank
National Bank Financial Inc.
Deal Type
Public/Private OfferingIndustry
MiningTransaction
$ 76,076,100Deal Status
ClosedClosing Date
26 September 2025