Vox Royalty Strengthens Australian Presence with Strategic Gold Asset Acquisition
Sydney, Thursday, 26 February 2026.
On February 26, 2026, Vox Royalty Corp. executed a high-value acquisition of producing gold royalties in New South Wales, Australia, to bolster immediate cash flow. By securing a 4.5% royalty on the Hera Tenement for a total consideration of up to A$650,000, the company has effectively purchased future gold production at an implied cost of under US$200 per ounce. This strategic move not only diversifies Vox’s portfolio within a stable mining jurisdiction but also underscores a disciplined approach to acquiring derisked assets at deep value in the current precious metals market.
Deal Mechanics and Financial Structure
The transaction, executed through the company’s subsidiary Vox Royalty Australia Pty Ltd, involves a total cash consideration of up to A$650,000 [1][2]. To secure immediate ownership of the royalty interests, Vox settled an initial payment of A$450,000 at the closing on February 26, 2026 [1][2]. The deal structure includes a deferred payment component, where the remaining A$200,000 is contingent upon the satisfaction of specific post-closing conditions expected to be met later in the fiscal year 2026 [1][2].
Breaking Down the Asset Portfolio
The centerpiece of this acquisition is a 4.5% royalty on gravity gold production from the Hera Tenement EL6162, located in New South Wales [1][2]. This royalty applies specifically to the first 250,000 ounces of gravity gold produced, with a verified remaining payable balance of 46,372 ounces, referred to as the Federation Royalty [1]. In addition to the gold asset, the portfolio diversifies Vox’s exposure with rights to an uncapped feasibility-stage copper tonnage royalty in Western Australia [1][2].
Strategic Alignment and Operational Context
The Hera Tenement is operated by a subsidiary of Aurelia Metals Limited, placing the asset in the hands of an established mid-tier mining company [1][2]. Spencer Cole, Vox’s President and Chief Investment Officer, emphasized that this expansion aligns with the corporate strategy of acquiring value in derisked precious and base metal assets [1]. This move follows a period of aggressive portfolio growth for Vox, which included a A$15 million agreement for the Stockman copper-gold royalty in December 2025 and a $57.5 million global gold portfolio acquisition in September 2025 [2].
Market Reaction and Financial Backdrop
This acquisition announcement coincided with the release of Vox Royalty’s fourth-quarter earnings for the fiscal year 2025 on February 26, 2026 [3]. Following the news, shares of Vox Royalty (NASDAQ: VOXR) experienced a positive market reaction. With the stock price rising to $5.85 from a previous close of $5.81, the equity saw an intraday gain of 0.688%, reflecting investor confidence in the company’s continued growth trajectory [2][3].