Stockle - the stock oracle

VOX ROYALTY CORP.

TSX:VOXR
C$7.12Close 7 Oct 2026 · delayed

Past year: ▲ 19%(5.99 – 8.70 CAD)

Market cap
A$487m
Shares on issue
68.4m
Story beats
12 since 2022
Last event
5 Mar 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

11 July 2023capital raising announcement● Neutral

The underwriters fully exercised their option to buy another 453,750 shares at US$2.40, closed July 11, 2023, adding about US$1.09 million gross. The offering totals 3,478,750 new shares and about US$8.35 million gross, for acquisitions and/or working capital, which further dilutes existing shareholders. The release now lists the shares on both Nasdaq and the TSX under VOXR, so the TSX listing noted as conditional on June 16 appears completed.

What it means for a shareholder

453,750 new shares at US$2.40 to raise about US$1.1m. That's 1.0% dilution: every existing holder's slice gets 1.0% smaller. If you held US$1,000 of shares (417 at the issue price), your slice goes from 0.000931% to 0.000922% of the company. To keep it you'd need 4 more shares - about US$10 at the issue price.

Create a free account to see this worked out for your own holding.

Discuss in chat

16 June 2023capital raising announcement● Neutral

Vox closed the offering announced June 13, issuing 3,025,000 common shares at US$2.40 for about US$7.26 million gross (about US$6.19 million net, assuming the over-allotment option is not exercised). The shares are listed on Nasdaq as VOXR and are conditionally approved for listing on the Toronto Stock Exchange under VOXR, subject to the TSX's customary conditions. Proceeds are earmarked for royalty acquisitions and/or working capital.

What it means for a shareholder

3.0m new shares at US$2.40 to raise about US$7.3m. That's 6.3% dilution: every existing holder's slice gets 6.3% smaller. If you held US$1,000 of shares (417 at the issue price), your slice goes from 0.000931% to 0.000872% of the company. To keep it you'd need 28 more shares - about US$67 at the issue price.

Create a free account to see this worked out for your own holding.

Discuss in chat

13 June 2023capital raising announcement● NeutralMajor

Vox priced a public offering of 3,025,000 new common shares at US$2.40 each, for gross proceeds of US$7.26 million (about US$6.19 million after fees and expenses), with Maxim Group and BMO Capital Markets as lead underwriters. The money is intended for future royalty acquisitions and/or general working capital; existing shareholders are diluted by the new shares, and underwriters also hold an option for 453,750 more shares. This uses the January 23, 2023 base shelf prospectus, which resolves the earlier review of the October 2022 draft.

What it means for a shareholder

3.0m new shares at US$2.40 to raise about US$7.3m. That's 6.3% dilution: every existing holder's slice gets 6.3% smaller. If you held US$1,000 of shares (417 at the issue price), your slice goes from 0.000931% to 0.000872% of the company. To keep it you'd need 28 more shares - about US$67 at the issue price.

Create a free account to see this worked out for your own holding.

Discuss in chat