@vox_royalty is excited to announce the acquisition of two world-class PGM royalties covering Sibanye’s fully-constructed 36Moz Limpopo project. This transformational deal positions Vox as one of the largest PGM-linked royalty companies globally.
TORONTO, CANADA – January 18, 2022 – Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) (“Vox” or
the “Company”), a high growth precious metals focused royalty company, is pleased to announce that it has executed
a binding agreement with a private South African registered company, to acquire two platinum group metals (“PGM”)
royalties for total consideration of up to C$10,400,000.
Pursuant to the terms of the purchase and sale agreement, Vox will issue C$1,500,000 of Vox common shares (the
“Vox Shares”) upon closing and make additional cash payments or issue additional Vox Shares (at Vox’s sole
election) upon achievement of certain production milestones (the “Transaction”). Closing of the Transaction remains
conditional upon customary approval by the TSX Venture Exchange for the issue.
The royalties include a 1.0% gross receipts royalty over the Dwaalkop Project (“Dwaalkop”) and a 0.704% gross
receipts royalty over the Messina Project (“Messina”, and together with Dwaalkop, the “Royalties”), which
collectively cover the full extent of the Limpopo PGM Project (“Limpopo”), operated by Sibanye Stillwater Ltd.
(“Sibanye”) (JSE: SSW / NYSE: SBSW). Limpopo was last mined in 2009 via the existing Baobab shaft and
concentrator (“Baobab Operation”), which are both in place and subject to ongoing re-opening feasibility studies by
Sibanye.
www.voxroyalty.com/_...news/nr-20220118.pdf
TORONTO, CANADA – January 18, 2022 – Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) (“Vox” or
the “Company”), a high growth precious metals focused royalty company, is pleased to announce that it has executed
a binding agreement with a private South African registered company, to acquire two platinum group metals (“PGM”)
royalties for total consideration of up to C$10,400,000.
Pursuant to the terms of the purchase and sale agreement, Vox will issue C$1,500,000 of Vox common shares (the
“Vox Shares”) upon closing and make additional cash payments or issue additional Vox Shares (at Vox’s sole
election) upon achievement of certain production milestones (the “Transaction”). Closing of the Transaction remains
conditional upon customary approval by the TSX Venture Exchange for the issue.
The royalties include a 1.0% gross receipts royalty over the Dwaalkop Project (“Dwaalkop”) and a 0.704% gross
receipts royalty over the Messina Project (“Messina”, and together with Dwaalkop, the “Royalties”), which
collectively cover the full extent of the Limpopo PGM Project (“Limpopo”), operated by Sibanye Stillwater Ltd.
(“Sibanye”) (JSE: SSW / NYSE: SBSW). Limpopo was last mined in 2009 via the existing Baobab shaft and
concentrator (“Baobab Operation”), which are both in place and subject to ongoing re-opening feasibility studies by
Sibanye.
www.voxroyalty.com/_...news/nr-20220118.pdf
