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Vox Royalty Acquires Global Gold Portfolio from Deterra for Nearly US$58 Million Up Front
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Vox Royalty Acquires Global Gold Portfolio from Deterra for Nearly US$58 Million Up Front
Sep 23, 2025 2:03 PM

04:59 PM EDT, 09/23/2025 (MT Newswires) -- Vox Royalty ( VOXR ) , shares were last seen down 2.5% in after-hours Nasdaq trading after the company on Tuesday said it agreed to acquire ten gold offtake and royalty assets spread across twelve mines in eight countries, including Australia, Brazil, Canada, and the U.S.

The US$57.5 million cash deal, with an additional US$2.5 million in milestone payments, was made with subsidiaries of Deterra Royalties, the company said.

"The acquired portfolio generated approximately US$5.6 million of revenue in the three months ended June 2025 and the portfolio generated approximately US$16.3 million of revenue in the trailing four quarters ending June 30, 2025, representing an expected revenue growth of approximately 200% and 150%, respectively," Vox said.

To fund the acquisition, Vox is launching a US$55 million overnight marketed public offering and expanding its credit facility with Bank of Montreal ( BNKD ) from US$15 million to US$40 million, with potential to increase to US$75 million. The share offering is set to close around Sept. 26, subject to regulatory approvals, according to the statement.

Vox shares were last seen down US$0.10 to US$3.98 after hours. They closed down $0.27 to $5.33 on the Toronto Stock Exchange.

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