Global Assets
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Vox Royalty Announces Transformational Gold Portfolio Acquisition, Overnight Offering and Credit Facility Expansion
Vox Royalty Corp. announced an agreement to acquire a global gold portfolio from Deterra Royalties for $57.5 million upfront and $2.5 million in deferred milestones. The portfolio includes ten gold offtake and royalty assets across twelve mines/projects in eight jurisdictions. The acquisition, funded by a share offering and expanded credit facility, is expected to significantly increase revenue per share and expand producing assets. The transaction will increase the company’s exposure to gold production.