Mergers & Acquisitions ·
Vox Royalty Corp. entered into a binding agreement to acquire two Australian royalty interests for up to A$3.4 million…
VOXRVox Royalty Corp.
Vox Royalty Corp. entered into a binding agreement to acquire two Australian royalty interests for up to A$3.4 million in cash. The acquisition includes the Kalman Royalty, a 2.0% production royalty on copper-gold-molybdenum-rhenium assets operated by Hammer Metals in Queensland, and the Sylvania Royalty, comprising a 1.0% NSR on precious minerals and 1.5% NSR on other minerals over a 1,700km² land package in Western Australia. Completion is subject to customary conditions precedent, including Greenmount Resources waiving its right of first refusal for the Sylvania asset. Vox Royalty Corp. operates as a mining royalty and streaming company.