Vox Royalty Corp.

Vox Royalty Corp. is a junior gold royalty and streaming company headquartered in Westminster, United States, operating primarily in Australia. Key assets include Castle Hill, Wonmunna, Kunanalling, and Red Hill. Portfolio composition includes 7 cash-flowing royalties, 22 development royalties, and 29 exploration royalties. The organization operates as a returns-focused royalty company, leveraging a technically-oriented transaction team and a global sourcing network to identify high-return acquisition opportunities. A key competitive advantage stems from the 2020 acquisition of a proprietary, non-commercial database of over 8,500 global royalties, which provides a first-mover advantage in executing bilateral, non-brokered transactions. The business model is designed to provide shareholders with exposure to commodity price optionality and discovery potential across a diversified portfolio, while limiting direct exposure to the operational, capital, and technical risks associated with mining companies. An experienced technical team of geologists and engineers conducts objective reviews of all potential transactions, supporting a scalable business capable of generating cash flow throughout the commodity cycle.

Strategic focus centers on growing the royalty portfolio through accretive acquisitions, with a near-term priority on producing or near-production assets to complement the existing development and exploration pipeline. The enterprise anticipates its average transaction size will increase over time in line with its growth objectives. The capital allocation framework includes a dividend program initiated in 2022, a dividend reinvestment plan established in 2024 offering a 5% discount, and a share repurchase program. To fund acquisitions, the company secured a $15 million revolving credit facility in January 2024, which includes a $10 million accordion feature. Risk management is integrated into the acquisition strategy, utilizing a proprietary database and expert analysis to conduct due diligence on political, legal, and regulatory systems, as well as property title and compliance, before entering into new agreements.

Executive leadership is headed by the founder, Chairman, and CEO, Kyle Floyd, who previously led the global mining investment banking practice at ROTH Capital Partners, where he executed over 60 transactions valued at nearly $1 billion. Board composition includes 6 directors, 4 of whom are independent. Governance is structured through 4 committees: Audit; Compensation; Investment; and Environmental, Social, Governance, and Nominating (ESGN). The Audit Committee and Compensation Committee are composed entirely of independent directors, while the Investment and ESGN committees have a super-majority of independent members. The leadership team's philosophy is rooted in deep technical and commercial expertise, demonstrated by the integration of key personnel from a specialist royalty advisory firm acquired in 2020. Governance practices include formal policies on conflicts of interest, requiring directors to disclose any personal interests and abstain from voting on related matters.

The corporate structure has been shaped by a series of strategic acquisitions, including the 2020 purchase of Mineral Royalties Partnership Ltd. and its proprietary royalty database, which vertically integrated a key sourcing tool. A material transaction in May 2022 involved the acquisition of the Wonmunna royalty through a combination of cash, 4.35 million common shares, and 3.6 million warrants. Other notable portfolio additions include the acquisition of a Canadian royalty portfolio from First Quantum Minerals Ltd. in 2022 and the purchase of the Castle Hill Royalty Portfolio in 2024. The company's founder, Kyle Floyd, is designated as a promoter under applicable securities laws. Significant insider ownership is a key feature, with directors and executive officers as a group controlling approximately 18.30% of the issued and outstanding common shares as of March 21, 2025. The entity operates through subsidiaries, including Vox Royalty Australia Pty Ltd., which manages legal and transactional matters in its respective jurisdiction.