Kyle Floyd, Chief Executive Officer stated: “The third quarter of 2021 saw multiple royalty-linked production records, organic
growth to 5 producing royalties and record trading liquidity. Based on strong Q3 royalty revenues, Vox remains on track to meet
the upper-end of 2021 annual revenue guidance of C$4M – C$5M, which was doubled in July 2021. Growing investor interest in
Vox’s high-growth asset portfolio and disciplined focus on sector-leading returns has been further validated through the initiation
of additional independent research coverage by Laurentian Securities earlier this month. Vox shareholders can look forward to
catalyst-rich upcoming quarters as the company continues its rapid organic growth from 5 to 10 producing assets by late 2023."
Third Quarter 2021 Highlights
• Revenue of $1,223,493 reported for the quarter, with record Q3 2021 royalty-linked gold production from the Hidden
Secret deposit at Higginsville covered by the Dry Creek royalty and record royalty-linked iron ore production volumes
from the Koolyanobbing royalty;
• Increased producing royalty count to 5 assets following achievement of commercial production at the Segilola Gold
Mine, as reported by Thor Explorations Ltd. (TSXV: THX) on October 5, 2021;
• Commencement of construction of the Binduli North heap leach expansion, which includes three key open pits covered
by the producing Janet Ivy gold royalty, as disclosed by Zijin Mining Group Co., Limited on August 1, 2021;
• Award of a A$73M construction contract for the Mt Ida gold project in Western Australia, as announced on September
9, 2021;
• Record positive cash flows from operating activities of $1,346,103 for the quarter;
• Strong balance sheet position at period end, including cash on hand of $4,671,606, working capital of $7,842,890 and
total assets of $28,109,626;
• Under the Company’s normal course issuer bid, Vox purchased and cancelled 454,400 common shares at an average
share price of C$2.81; and
• Commenced trading on the OTCQX on August 10, 2021.
growth to 5 producing royalties and record trading liquidity. Based on strong Q3 royalty revenues, Vox remains on track to meet
the upper-end of 2021 annual revenue guidance of C$4M – C$5M, which was doubled in July 2021. Growing investor interest in
Vox’s high-growth asset portfolio and disciplined focus on sector-leading returns has been further validated through the initiation
of additional independent research coverage by Laurentian Securities earlier this month. Vox shareholders can look forward to
catalyst-rich upcoming quarters as the company continues its rapid organic growth from 5 to 10 producing assets by late 2023."
Third Quarter 2021 Highlights
• Revenue of $1,223,493 reported for the quarter, with record Q3 2021 royalty-linked gold production from the Hidden
Secret deposit at Higginsville covered by the Dry Creek royalty and record royalty-linked iron ore production volumes
from the Koolyanobbing royalty;
• Increased producing royalty count to 5 assets following achievement of commercial production at the Segilola Gold
Mine, as reported by Thor Explorations Ltd. (TSXV: THX) on October 5, 2021;
• Commencement of construction of the Binduli North heap leach expansion, which includes three key open pits covered
by the producing Janet Ivy gold royalty, as disclosed by Zijin Mining Group Co., Limited on August 1, 2021;
• Award of a A$73M construction contract for the Mt Ida gold project in Western Australia, as announced on September
9, 2021;
• Record positive cash flows from operating activities of $1,346,103 for the quarter;
• Strong balance sheet position at period end, including cash on hand of $4,671,606, working capital of $7,842,890 and
total assets of $28,109,626;
• Under the Company’s normal course issuer bid, Vox purchased and cancelled 454,400 common shares at an average
share price of C$2.81; and
• Commenced trading on the OTCQX on August 10, 2021.
