VOXR News & Events

In a shareholder letter, the company said, in part, "We are pleased to publish our third annual investor letter. I am privileged and excited for this opportunity to share with you an updated summary of our philosophies, values, and beliefs after another year of significant progress at Vox. At present, we find ourselves in a volatile gold and metals bull market, rife with exuberance and optimism. However, we, like many of our investors, are tempered and focused on fundamentals and, as the saying goes, very cognizant that "not all that glitters is gold". Our 2025 annual scorecard exceeded management's high expectations, with records in each of the following categories: annual receiptsi of $16.6 million, up +50% vs. 2024, Q4 receipts of $7.4 million, up +150% vs. Q4 2024, and annual capital deployed of $73 million. Growing our 2025 annual receipts by 50% and securing a transformational Global Gold Portfolio in September 2025 for $60 million were defining milestones for the year...Our organic growth outlook for 2026 and 2027 is stronger than ever - from the commencement of mining from Sugar Zone, Horseshoe Lights, Mt Ida, Kookynie, and a potential restart of the Los Filos gold mine in Mexico. We remain very optimistic about the development pathway at Red Hill, but we can't comment further until a resolution has been reached in the legal proceedings concerning that asset. On our offtake-streams, we look forward to continued gold price volatility and potential volume growth from the Sugar Zone mine restart in 2026 and further information on the potential restart of the Los Filos mine in Mexico. We believe that our offtake streams will remain valuable over the long term, despite expected periods of monthly and quarterly volatility, given our potential to capture outsized margins from periods of extreme gold price volatility within our 6 - 8 day quotation periods. On inorganic growth and future acquisitions - we remain patient but inspired to leverage our fully-undrawn $75 million credit facility, waiting for the proverbial "fat baseball pitches" where we see mispriced value in gold, silver, copper and select other mined commodities in top-tier jurisdictions."

Vox Royalty delivered preliminary full year 2025 royalty and net precious metal receipts of $16.6M, exceeding annual guidance of $13 - $15M and marks a 50% increase over fiscal year 2024. The Company also reports that in January 2026, it paid down the full outstanding balance of $6.7M under its BMO credit facility, which is now fully undrawn with capacity up to $75M including the accordion feature. Kyle Floyd, CEO stated: "We are excited to share these record figures, exceeding guidance and rapid debt repayment with investors, capping off a highly productive 2025 which included record transactional activity, record capital deployed and strong fundamental organic growth in our asset portfolio. We understand that 2026 is a year that brings higher investor expectations that are built upon the success and momentum of 2025. Our management team is energized by this challenge - unearthing mispriced value in royalties and streams to increase per share returns remains our key motivator. I look forward to expanding on these themes in our upcoming Shareholder Letter, which we expect to release next week."

Vox Royalty (VOXR) announce that its wholly-owned subsidiary has entered into a definitive agreement with Equinox Gold Corp. (EQX) to restructure Vox's 35% gold offtake over the Santa Luz, Fazenda and RDM mines in Brazil in connection with Equinox's sale of those assets, by transitioning the remaining offtake delivery obligations to a second gold offtake stream over the Greenstone gold mine in Ontario. The offtake arrangement over the Brazilian Assets has been amended and restated such that the remaining approximately 226,000 ounces deliverable under the agreement will be satisfied through a production-linked offtake stream of 29% of refined gold produced from Greenstone, with minimum deliveries of 63,600 oz for 2026. Vox's existing Greenstone offtake stream which provides that Equinox delivers up to 58,500 oz Au per annum until March 1, 2027 remains unchanged and will be satisfied in priority to the New Greenstone Agreement. For 2026 and 2027, deliveries under the New Greenstone Agreement apply after receipt of the annual allotment of Existing Greenstone Agreement ounces. After March 1, 2027, the New Greenstone Agreement will apply to the entirety of the refined gold produced from Greenstone until the cap is reached. Other gold offtake stream commercial terms remain unchanged.

Vox Royalty Corp. (VOXR) executed a binding agreement to acquire an existing royalty over the feasibility-stage Stockman copper-gold-zinc-silver project in Victoria, Australia. The royalty is a 1.5% Net Smelter Return royalty, reducing to 1.0% after nine million tonnes of production. The Royalty is being purchased from IGO Stockman Project, a subsidiary of IGO Limited (IPGDF), for A$5M cash at closing and A$10M deferred based on cumulative production milestones, payable in either cash or stock at Vox's election, for up to A$15M in total consideration. The Stockman project is operated by Aeris Resources and is recognised as one of the most advanced undeveloped polymetallic projects in Australia.The Transaction has received conditional approval from the Toronto Stock Exchange. Closing is expected to occur in December 2025.