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Vox Royalty Corp T.VOXR

Alternate Symbol(s):  VOXR

Vox Royalty Corp. is a Canada-based mining royalty company. The Company is focused on building a portfolio of royalties and streams across a diverse mix of precious metals assets. The Company has a portfolio of approximately 60 royalties and streams spanning seven jurisdictions. It has a diverse portfolio of underlying hard rock commodities, including precious metals, base and battery metals, as well as certain bulk commodities. The Company’s portfolio is predominantly geared towards precious metals royalties, which make up over 70% of its portfolio weighted by net asset value. Approximately 80% of its assets are located in Australia and North America. The Company’s portfolio of assets includes Higginsville (Dry Creek), Segilola, Janet Ivy, Koolyanobbing, Brauna, Mt Ida, Bulong, Ashburton, Otto Bore, South Railroad, Bullabulling, Lynn Lake (MacLellan), Limpopo (Dwaalkop), Limpopo (Messina), El Molino, Kelly Well, New Bore, Castle Hill, Kunanalling and others.


TSX:VOXR - Post by User

Post by BCdudeon Mar 19, 2021 11:55am
387 Views
Post# 32838163

My Take on the Private Placement

My Take on the Private PlacementNobody likes dilution, but this offering seems like a reasonable trade off for what VOX will get in return. Sounds like they have a sizable number of deals lined up and a few of them for producing or development assets. They estimate $3 million to $7 million of revenue by 2023, and some larger deals in the works, too -- in the $2 million to $4 million range.

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2791-tsx-venture/vox/95519-vox-confirms-pricing-of-c-15-million-overnight-marketed-public-offering-and-provides-2021-deal-flow-update.html

If the entire overallotment is exercised, we'll see 5.75 million more shares issued, plus 2.875 million warrants at 50% higher than PP price -- which I think is reasonable. I can't see the warrants exercised until the price hits at least $5.00/share.

Lots of reasons to continue owning VOX.
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