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Vox Buys Royalty in Kanmantoo Copper-Gold Mine in Australia; Shares Rise
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Vox Buys Royalty in Kanmantoo Copper-Gold Mine in Australia; Shares Rise
May 26, 2025 8:41 AM

10:28 AM EDT, 05/15/2025 (MT Newswires) -- Vox Royalty ( VOXR ) said Thursday it has completed the acquisition of an "immediately cash-flowing" royalty in the Kanmantoo copper-gold mine in South Australia for $11.7 million in cash.

The deal was financed by an initial drawdown of $11.7 million from a Vox credit facility, the company said.

The Kanmantoo mine is operated by ASX-listed Hillgrove Resources, Vox said.

Vox shares were more than 5% higher in recent trading.

Price: 3.31, Change: +0.16, Percent Change: +4.92

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