05:36 PM EDT, 09/23/2025 (MT Newswires) -- Vox Royalty ( VOXR ) said Tuesday it has entered into agreements to acquire a gold portfolio from Deterra Royalties, covering twelve mines and projects across eight countries, for $57.5 million upfront and $2.5 million in deferred milestones.

The acquisition will be financed by a $55 million overnight marketed public offering of common shares at $3.70 per share, and an upsized $40 million revolving credit facility with Bank of Montreal, the company said.

The credit facility includes an accordion feature for an additional $35 million, bringing total funding capacity to $75 million, with a maturity date of September 23, 2028, it added.

Vox intends to use proceeds from the offering to fund the purchase price, and any remaining funds will be used for further royalty acquisitions within 12 to 24 months, according to the company.

The company said the offering is expected to close on or around Sept. 26.