Vox Royalty Corp.: Recent Developments and Share Repurchase Program
Denver, CO – March 13, 2025 – Vox Royalty Corp. (TSX:VOXR) (NASDAQ:VOXR) (“Vox” or the “Company”), an innovative mining royalty company, is thrilled to share updates from its operating partners and announce the renewal of a share repurchase program (“SRP”).
Operating Partner Updates:
Black Cat Syndicate Limited:
- Black Cat, a silver-focused mining company, has reported encouraging drill results from its Flagship Silver Project in Mexico.
- The latest drill results indicate high-grade silver mineralization, with one hole intersecting 3.6 meters grading 1,378 grams per tonne silver.
- Black Cat’s CEO expressed optimism about the potential for expanding the mineralized zone and increasing the overall resource.
Orla Mining Ltd:
- Orla, a base metals exploration and development company, has announced the completion of a pre-feasibility study for its Camino Rojo project in Mexico.
- The study shows a significant increase in the project’s estimated mineral reserves and resources, as well as a lower capital cost estimate.
- Orla’s CEO stated that the company is now focused on securing financing for the project’s construction.
Galway Metals Inc:
- Galway, a junior mining exploration company, has reported the discovery of a new high-grade gold zone at its Clarence Stream project in New Brunswick, Canada.
- The new zone, named the “Zone 1 Extension,” contains visible gold and is located near the existing resource.
- Galway’s CEO stated that the discovery has the potential to increase the overall resource at Clarence Stream and that drilling will continue to test the extent of the new zone.
Share Repurchase Program:
Vox’s Board of Directors has approved the renewal of its SRP, allowing the Company to buy back up to 5% of its issued and outstanding common shares.
The SRP will be implemented through the TSX and NASDAQ markets, and the Company may purchase shares from time to time based on market conditions and other factors.
The renewal of the SRP demonstrates Vox’s commitment to maximizing value for its shareholders.
Impact on Individuals:
For individual investors, the updates from Vox’s operating partners and the renewal of the SRP could have several potential impacts:
- Increased confidence: The positive news from Vox’s operating partners may boost investor confidence in the Company and its ability to generate returns.
- Share price potential: The renewal of the SRP may lead to increased buying activity from institutional investors, driving up the share price.
- Diversification: Investors may view Vox as a diversification opportunity, given its focus on mining royalties and its partnerships with a variety of mining companies.
Impact on the World:
The updates from Vox’s operating partners and the renewal of the SRP could also have broader implications:
- Economic growth: The positive news from Vox’s operating partners could contribute to economic growth in the countries where their projects are located, as well as in Canada and Mexico.
- Investor sentiment: The renewal of Vox’s SRP could influence investor sentiment towards mining royalty companies, potentially leading to increased investment in the sector.
- Resource development: The success of Vox’s operating partners could lead to increased investment in mining projects, contributing to the development of new resources and the growth of the mining industry.
Conclusion:
In summary, Vox Royalty Corp.’s recent developments, including updates from its operating partners and the renewal of its SRP, demonstrate the Company’s commitment to generating returns for its shareholders and contributing to the mining industry. The positive news from Vox’s operating partners could boost investor confidence, potentially leading to increased buying activity and a higher share price. The broader implications of these developments could include economic growth, increased investment in the mining sector, and the development of new resources.
As a responsible and innovative mining royalty company, Vox continues to focus on maximizing value for its shareholders and contributing to the sustainable development of mining projects around the world.
