Vox Royalty Corp. announced that it has completed the acquisition of an advanced portfolio of four Australian royalties at various stages of development including: construction, development and exploration and the rights to one production-linked milestone payment (the "Portfolio"), from a private Australian group for cash consideration of AUD 4,700,000 (the "Transaction"). Addition of four Australian royalties and the rights to one gold production-linked milestone payment in Western Australia and New South Wales, heavily weighted to gold and copper; Near-term revenue potential from early 2026 onwards from the construction-stage Castle Hill gold project in Western Australia ("Castle Hill"), operated by Evolution Mining Ltd. ("Evolution"), which is a key part of the AUD 250 million Mungari Mine Life Extension project and mill expansion to 4.2Mtpa ("Mungari 4.2 Project") announced by Evolution on 5 June 2023; Further production potential from the past-producing Kunanalling gold project, which is located less than 15km from the Mungari Mill and also part of Evolution's integrated Mungari 4.2 Project; Provides critical metals exposure to copper, cobalt and rare earth metals exposure across the Halls Creek and Broken Hill exploration projects; and Strengthens Vox's proportion of royalty assets located in lower risk political jurisdictions of Australia, Canada and USA, now totalling more than 80% of all royalty assets.

The Castle Hill gold project is located approximately 50 kilometres northwest of Kalgoorlie in the heart of the Western Australia goldfields and covers a substantial portion of the Kunanalling Shear Zone, one of the dominant corridors of mineralisation at Mungari. The project was historically explored by Cazaly Resources Limited ("Cazaly"), who sold the royalty tenure to Phoenix Gold Ltd. ("Phoenix") in June 2010 for upfront consideration, royalties and contingent production-linked payments. The 14.8Mt resource at Castle Hill is amenable to conventional open pit mining and both milling and heap leach processing; and is located in close proximity to the Mungari processing plant.

In 2013 Phoenix conducted mining at Castle Hill, producing 13,085 ounces via the Paddington mill. In January 2015 a Joint Mining Study was commissioned by Norton Gold Fields ("Norton") and Phoenix to process high grade Castle Hill ore at Norton's nearby Paddington mill. In 2015 Phoenix was acquired by Evolution for approximately AUD 55 million and the Norton JV was subsequently terminated by Evolution.

The Kunanalling gold project is located directly adjacent to the Castle Hill project tenure and covers the southern strike extent of the Kunanalling Shear Zone. Vox management estimates that the Kunanalling royalty tenure covers the majority (75% - 100%) of the following gold deposits: Catherwood, Emu and Premier. The Halls Creek Copper Project is located 25km southwest of Halls Creek in Western Australia's Kimberley region.

The project area is underlain by metamorphosed rocks of the Halls Creek Mobile Zone, which are highly prospective for a range of commodities including gold, silver, copper, nickel, lead and zinc. The Broken Hill East Project consists of two tenements covering 684.3km2 (EL8434 and EL8435). Since acquiring EL8434 and EL8435 in late 2020, Castillo Copper's strategic intent for the Broken Hill Project is to extend known mineralisation across the project area and enhance the confidence and grade of the June 2022 released Maiden Mineral Resource Estimate (MRE). The maiden Inferred MRE dated 1 June 2022, compliant with JORC (2012) standards, indicates 64Mt @ 318 ppm Co for 21,556t contained cobalt metal at relatively shallow depths (2-80m).

In addition, the global MRE includes 44,260t of Inferred contained copper (63Mt @ 700ppm). A primarily cobalt-focused drilling campaign, consisting of twelve reverse circulation (RC) boreholes and one diamond drillhole began in October 2022, targeting the Fence Gossan, Reef Tank and Tors Tank Prospects within EL 8434. The results of assays from 7 drillholes in the Fence Gossan and Tors Tank Prospects, along with a geochemical auger survey consisting of 209 stations conducted across Fence Gossan, revealed a noteworthy discovery of shallow clay-hosted Rare Earth Elements (REE).

Although the cobalt assays were in line with expectations, this newfound discovery prompted the Board to shift its strategic focus towards gaining a deeper understanding of the extent of REE mineralisation throughout the broader project area. To assess the feasibility of extracting REE from shallow clay deposits, metallurgical test work was conducted by ALS Perth and ANSTO.