TORONTO, Jan. 20,
2023 /CNW/ - Vox Royalty Corp. (TSXV: VOX)
(NASDAQ: VOXR) ("Vox" or the "Company"), a
returns focused mining royalty company, is pleased to announce
today that in connection with the review of the preliminary base
shelf prospectus dated October 25,
2022 (the "Prospectus") and further to the Ontario
Securities Commission's (the "OSC") review of the Company's
continuous disclosure in connection with the Prospectus, the
Company will be refiling its technical report on its Wonmunna
project dated August 10, 2022 (the
"Technical Report"), its annual management discussion
and analysis for 2021, dated April 26,
2022 (the "Annual MD&A") and its interim
management discussion and analysis for the nine month period ended
September 30, 2022, dated
November 15, 2022 (the "Q3
MD&A"), to address the comments raised by the OSC in the
manner noted below.
Kyle Floyd, Chief Executive
Officer commented, "The Company is pleased to be updating its
technical disclosure concerning certain technical reports and
MD&A as requested by the OSC in conjunction with its review of
our preliminary base shelf filing, which is needed to strictly
comply with NI 43-101. Management is pleased to have the disclosure
fully compliant and does not believe that the disclosure amendments
are material (individually or in the aggregate)."
- The Company's Technical Report: (i) clarifies that the Company
is treating the mineral resources and mineral reserves at Wonmunna
as a historical estimate, in each case, in reliance on publicly
available information disclosed by the owner of the Wonmunna
project, (ii) updates the authors' responsibility sections to
includes sections 13 and 14, (iii) clarifies that with respect to
the disclosure in sections 9 through 12, sections 18, 19 and 25 of
the Technical Report, the Company is relying on the exemption in s.
9.2(b) National Instrument 43-101F1 – Technical Report
("NI 43-101F1"), and (iv) provides additional disclosure in
section 20 of the Technical Report with respect to Environmental
Studies, Permitting, and Social or Community Impact that was
contained in a different part of the Technical Report.
- The Company's Annual MD&A has been amended to remove the
following disclosure which was not in compliance with section
2.2(d) of NI 43-101: (i) disclosure of mineral resources by Gold
Standard Ventures Corp. ("GSV") in November 2021, expressed as contained ounces
without referencing the applicable grade, and (ii) disclosure of a
mineral resource estimate at the Ulysses-Leonora project by Genesis
Minerals Limited ("Genesis") in March
2022, with the total mineral resource expressed as contained
ounces without referencing the applicable grade. The Company's
Annual MD&A was also amended to include a reference to the
applicable grade to ensure compliance with section 2.2 (d) of NI
43-101 with respect to the following disclosure: (i) disclosure of
the results of a feasibility study by GSV in February 2022, with mineral reserves expressed as
contained ounces, (ii) disclosure of a mineral resource at the
Bulgera project by Norwest Minerals Limited in March 2022, with mineral resources expressed as
contained ounces, (iii) disclosure of a mineral resource estimate
at the Ulysses-Leonora project by Genesis in March 2022, with the total mineral resource
expressed as contained ounces, and (iv) disclosure of a mineral
reserve at the Segilola project by Thor Explorations Ltd. in
March 2021, with the mineral reserve
expressed as contained ounces. Finally, the Company's Annual
MD&A was amended to remove the disclosure of a mineral resource
estimate at the Pedra Branca project by ValOre Metals Corp. in
March 2022, with mineral resource
grade expressed as total precious metals contrary to 2.3(1) of NI
43-101 and the Company has updated the disclosure by inserting
further details on the mineral resources estimate in a NI 43-101
compliant form.
- The Company's Q3 MD&A has been amended (i) to include a
reference to the applicable grade with respect to the Company's
disclosure of a scoping study on Jangada Mines plc's
("Jangada") April 2022
Pitombeiras project, with mineral resources expressed as total
tonnes in compliance with s. 2.2(d) of NI 43-101, (ii) to remove
the word "mineable" from the Company's description of the Jangada
mine as feasibility cannot be demonstrated by a scoping study, and
(iii) to add the cautionary language required by s. 2.3(3) of NI
43-101 to its disclosure of the results of scoping studies by
Jangada (Pitombeiras project) and Tartisan Nickel Corp. (Kenbridge
project).
About Vox
Vox is a returns focused mining royalty company with a portfolio
of over 60 royalties and streams spanning eight jurisdictions. The
Company was established in 2014 and has since built unique
intellectual property, a technically focused transactional team and
a global sourcing network which has allowed Vox to target the
highest returns on royalty acquisitions in the mining royalty
sector. Since the beginning of 2020, Vox has announced over 25
separate transactions to acquire over 50 royalties.
Further information on Vox can be found at
www.voxroyalty.com.
SOURCE Vox Royalty Corp.
