DivestmentJun 23, 2026, 12:17 PM
Vox Royalty Sells Gold Royalty for A$8M, Realizing 16x Return
AI Summary
Vox Royalty Corp. announced that its subsidiary, Vox Royalty Australia Pty Ltd., completed the sale of a capped 4.5% gold royalty on 46,372oz of remaining gravity gold production from the Hera Tenement in Australia. The transaction generated A$8,000,000 in cash consideration. This opportunistic divestment resulted in a 16x return on invested capital over a holding period of less than four months, aligning with the company's focus on generating superior per-share returns.
Key Highlights
- Sold a capped 4.5% gold royalty on 46,372oz remaining gravity gold production.
- Received total cash consideration of A$8,000,000 for the Federation Royalty.
- Achieved a 16x return on invested capital from the divestment.
- The royalty was held for less than four months, acquired in February 2026.
- The sale was of the Federation Royalty on the Hera Tenement EL6162 in Australia.
Price Impact
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