Q1 Results Highlights https://bit.ly/3vsuWwn
VOX ROYALTY REPORTS Q1 2021 RESULTS
Looks like they are on track to meet expectations this year. Q1 results are positive.
• Record revenue of $539,980 and gross profit of $479,271 reported for the quarter, with inaugural revenues received from
the Koolyanobbing royalty; • Increased producing royalty asset count from one asset at May 2020 listing to four assets by Q1 2021 quarter-end; • Strong balance sheet position at period end, including cash on hand of $10,723,135, working capital of $9,117,150 and total assets of $29,024,889; • Completed three portfolio transactions to acquire an additional ten royalties, reaching a total critical mass of 50 royalties and streams; • Completed an overnight marketed public offering for aggregate gross proceeds of C$16.85M; • Subsequent to March 31, 2021: - Announced a strategic partnership with Electric Royalties Limited (TSX-V: ELEC ) and the potentialdivestment of two non-core graphite royalties for C$2.9M; and - The Company appointed PricewaterhouseCoopers LLP as their auditors effective April 30, 2021.