Vox Announces Q2 2024 Financial Results and Declares Quarterly Dividend

Toronto, ON – Vox Royalty Corp. (TSX:VOXR)(NASDAQ:VOXR), a mining royalty company, has released its financial results for the second quarter ending June 30, 2024. CEO Kyle Floyd highlighted a strong quarter with a 15% increase in gross profit and a 28% drop in general administration costs compared to Q2 2023.

Significant portfolio growth was seen, including an Australian royalty acquisition and increased ore shipments from the Wonmunna royalty asset. Record shipments were achieved at Port Hedland by Mineral Resources Ltd.

Highlights include $2,009,431 in cash flow from operations, an 88% rise from Q2 2023, and $2,839,117 Q2 revenue. General expenditures fell by 28%, and gross profit rose by 15% to $2,106,988.

Vox's balance sheet remains strong with $11,113,580 in cash and receivables, supported by a $15 million credit facility with the Bank of Montreal.

Additionally, Vox declared a $0.012 per share quarterly dividend to be paid on October 11, 2024, and reminded shareholders about the dividend reinvestment plan (DRIP), while announcing Odyssey Trust Company as the new transfer and DRIP agent from August 30, 2024.