The document is an investor presentation for Vox Royalty Corp. It provides an overview of the company, including its business model, management team, portfolio, and growth strategy. Specifically, it notes that Vox has acquired 42 royalties and streams through 16 transactions in the past 18 months. It aims to continue its rapid growth by evaluating over $500 million in additional royalty opportunities through its proprietary database of over 7,000 global royalties. The presentation emphasizes that the royalty model provides leverage to commodity prices with no exploration risk or dilution.
The document is an investor presentation for Vox Royalty Corp, a mining royalty company. It provides an overview of Vox, including its capital structure, portfolio breakdown by commodity and geography, management team experience in royalty transactions, and growth strategy. Vox has a portfolio of 42 royalties and streams across precious and battery metals projects, with 74% located in Australia. Management has over $1.5 billion of combined experience evaluating, structuring and financing royalty transactions.
The document is an investor presentation for Vox Royalty Corp from July 2020. It provides an overview of Vox Royalty as a growth-focused mining royalty company, discusses the benefits of the royalty and streaming model for investors, and introduces the management team which has extensive experience in royalty transactions totaling over $1.5 billion. It notes Vox has established a portfolio of 41 royalties and streams, with significant near-term growth potential from assets largely located in Australia, focused on precious metals and production-stage projects.
This document provides an investor presentation for Vox Royalty Corp. It begins with disclaimers regarding the reliability of the information and that no responsibility is accepted. It then discusses that Vox is a high-growth mining royalty company that has completed 11 royalty transactions since 2019, giving it 32 royalties. It has a deep pipeline of future acquisitions and over 50% of its portfolio value is in precious metals assets, mainly in Australia. The presentation outlines benefits of the royalty model such as leverage to commodity prices without capital expenditures or dilution.
Aurora investor presentation - january 2018AuroraCannabis
This document provides an overview and presentation for Aurora Cannabis Inc. It discusses Aurora's positioning in the global cannabis market, strategies for growth through innovation, execution, expansion, and strategic partnerships. Key points include Aurora's rapid growth and progression as one of the fastest growing LP's in Canada, plans for major cultivation facilities including Aurora Sky and Nordic projects, and international expansion through acquisitions in Germany and investments in other markets like Australia. Financial metrics and assumptions are also presented regarding operating capacity, sales prices, and cash costs.
Aurora investor presentation - january 2018AuroraCannabis
This document provides an overview of Aurora Cannabis Inc., a leading cannabis company. It discusses Aurora's positioning in the global cannabis market, which is projected to be worth $159 billion worldwide. The summary highlights Aurora's focus on agility, innovation, execution, and expansion to capitalize on opportunities both domestically and internationally. It also summarizes Aurora's rapid growth and progress in cultivation facilities, strategic partnerships, revenue growth, capitalization, domestic and global expansion, and achieving scale, reach and differentiation in the cannabis industry.
Osisko Gold Royalties is a growth-oriented royalty company that owns royalties and streams on over 135 properties worldwide. It aims to grow its gold equivalent ounce production from 80k oz in 2018 to over 180k oz within the next 5 years, which would represent leading growth in the sector. Osisko has among the highest margins in the metals and mining industry at over 87% and provides exposure to commodities with favorable long-term fundamentals. The document contains forward-looking statements and cautions readers that actual results may differ due to risks and uncertainties.
Harfang Exploration Corporate Presentation - June 2018HarfangEx
1) Harfang Exploration Inc. is a new player and project generator active in James Bay, Quebec.
2) The corporate presentation discusses Harfang's growth expectations and provides forward-looking statements about future performance, which are based on certain estimates and assumptions that may not be realized.
3) The presentation includes warnings about risks and uncertainties inherent in forward-looking statements and that actual results could differ materially from expectations.
Osisko Gold Royalties is a growth-oriented royalty company that expects to grow its gold equivalent ounce production from 80k oz in 2018 to over 150k oz within the next 5 years, which would represent leading and unparalleled growth in the sector. As a royalty company, Osisko has among the highest margins in the metals and mining sector at over 87% cash margins. The document contains forward-looking statements and cautions readers that actual results may differ materially from expectations.
The document is an investor presentation for Vox Royalty Corp, a mining royalty company. It provides an overview of Vox, including its capital structure, portfolio breakdown by commodity and geography, management team experience in royalty transactions, and growth strategy. Vox has a portfolio of 42 royalties and streams across precious and battery metals projects, with 74% located in Australia. Management has over $1.5 billion of combined experience evaluating, structuring and financing royalty transactions.
The document is an investor presentation for Vox Royalty Corp from July 2020. It provides an overview of Vox Royalty as a growth-focused mining royalty company, discusses the benefits of the royalty and streaming model for investors, and introduces the management team which has extensive experience in royalty transactions totaling over $1.5 billion. It notes Vox has established a portfolio of 41 royalties and streams, with significant near-term growth potential from assets largely located in Australia, focused on precious metals and production-stage projects.
This document provides an investor presentation for Vox Royalty Corp. It begins with disclaimers regarding the reliability of the information and that no responsibility is accepted. It then discusses that Vox is a high-growth mining royalty company that has completed 11 royalty transactions since 2019, giving it 32 royalties. It has a deep pipeline of future acquisitions and over 50% of its portfolio value is in precious metals assets, mainly in Australia. The presentation outlines benefits of the royalty model such as leverage to commodity prices without capital expenditures or dilution.
Aurora investor presentation - january 2018AuroraCannabis
This document provides an overview and presentation for Aurora Cannabis Inc. It discusses Aurora's positioning in the global cannabis market, strategies for growth through innovation, execution, expansion, and strategic partnerships. Key points include Aurora's rapid growth and progression as one of the fastest growing LP's in Canada, plans for major cultivation facilities including Aurora Sky and Nordic projects, and international expansion through acquisitions in Germany and investments in other markets like Australia. Financial metrics and assumptions are also presented regarding operating capacity, sales prices, and cash costs.
Aurora investor presentation - january 2018AuroraCannabis
This document provides an overview of Aurora Cannabis Inc., a leading cannabis company. It discusses Aurora's positioning in the global cannabis market, which is projected to be worth $159 billion worldwide. The summary highlights Aurora's focus on agility, innovation, execution, and expansion to capitalize on opportunities both domestically and internationally. It also summarizes Aurora's rapid growth and progress in cultivation facilities, strategic partnerships, revenue growth, capitalization, domestic and global expansion, and achieving scale, reach and differentiation in the cannabis industry.
Osisko Gold Royalties is a growth-oriented royalty company that owns royalties and streams on over 135 properties worldwide. It aims to grow its gold equivalent ounce production from 80k oz in 2018 to over 180k oz within the next 5 years, which would represent leading growth in the sector. Osisko has among the highest margins in the metals and mining industry at over 87% and provides exposure to commodities with favorable long-term fundamentals. The document contains forward-looking statements and cautions readers that actual results may differ due to risks and uncertainties.
Harfang Exploration Corporate Presentation - June 2018HarfangEx
1) Harfang Exploration Inc. is a new player and project generator active in James Bay, Quebec.
2) The corporate presentation discusses Harfang's growth expectations and provides forward-looking statements about future performance, which are based on certain estimates and assumptions that may not be realized.
3) The presentation includes warnings about risks and uncertainties inherent in forward-looking statements and that actual results could differ materially from expectations.
Osisko Gold Royalties is a growth-oriented royalty company that expects to grow its gold equivalent ounce production from 80k oz in 2018 to over 150k oz within the next 5 years, which would represent leading and unparalleled growth in the sector. As a royalty company, Osisko has among the highest margins in the metals and mining sector at over 87% cash margins. The document contains forward-looking statements and cautions readers that actual results may differ materially from expectations.
- Osisko holds a presentation for the 2017 PDAC convention that discusses its gold royalty portfolio and business model.
- The presentation outlines Osisko's key producing assets which include Canadian Malartic, Eleonore, and Gibraltar, as well as its portfolio of over 50 exploration stage royalties.
- Osisko benefits shareholders by providing leverage to gold prices and exploration upside through its royalty model with zero costs and zero exposure to operating or capital risks.
Osisko Gold Royalties Ltd is a leading growth-oriented royalty company focused on the mining sector. It owns a portfolio of over 130 royalties, streams, and offtakes. Recent acquisitions have significantly grown its portfolio of cash flowing assets located in top mining jurisdictions. Osisko has an experienced management team and a track record of over $9 billion in value creation. It is uniquely positioned for continued growth through organic expansion of its existing assets and new acquisitions.
1) Osisko Gold Royalties Ltd is the world's premier growth-oriented royalty company, focused on Canadian assets with over 130 royalties, streams, and offtakes.
2) The company has a unique strategy of investing in projects throughout the development cycle from early exploration to production to create value.
3) Osisko has prime royalty real estate in major Canadian gold camps with over 25,000 km2 of land and historic production of over 250 million ounces of gold.
Osisko Gold Royalties is a growth-oriented royalty company that expects to grow its gold equivalent ounce production from 80k oz in 2018 to over 150k oz within the next 5 years. It has a leading and unparalleled growth profile as well as the highest margins in the metals and mining sector. The document contains forward-looking statements regarding Osisko's expectations for future performance.
This document provides an overview of Calibre Mining Corp.'s goals and objectives, including:
1) Execution of its 2020 production guidance and capital allocation plans.
2) Expanding resources at its Pavon, El Limon, and La Libertad projects through drilling.
3) Pursuing discovery opportunities through exploration at its Borosi and other projects.
This corporate presentation outlines why Osisko Gold Royalties Ltd is a premier growth-oriented royalty company. It highlights that Osisko has the highest growth in the gold royalty sector and is accelerating development of Canada's next gold mines. As a gold and Canada-focused company, Osisko offers a dividend yield and industry-leading margins. However, the presentation also contains numerous cautionary statements regarding the forward-looking nature of any projections or estimates, including risks and uncertainties that could cause actual results to differ from expectations.
Q1 2019 Results
- Osisko Gold Royalties Ltd reported 19,753 gold equivalent ounces earned in Q1 2019, compared to 20,036 in Q1 2018. Revenues from royalties and streams were $33.5 million compared to $32.6 million in Q1 2018. Net cash flows from operating activities were $24.8 million compared to $23.3 million in Q1 2018.
This document provides an overview of Osisko Gold Royalties Ltd as a world-class growth-oriented royalty company. It discusses Osisko's experienced management team, strong technical team, and history of value creation through its involvement in mining projects over the past 15 years. It also outlines Osisko's high-quality portfolio of royalty and streaming assets that provide cash flow from cornerstone properties in top jurisdictions. Osisko is uniquely positioned for significant growth through its pipeline of additional royalty interests and has an industry-leading forecast for cash flow growth between 2017-2023.
- Osisko reported 20,036 gold equivalent ounces earned in Q1 2018, in line with its annual guidance of 77,500 to 82,500 ounces. Cash operating margins from royalty and stream interests were 91%, the highest in the metals and mining sector.
- Significant investments and transactions included $148 million for a 5% royalty on Victoria Gold's Eagle Gold project, conversion of the Matilda gold offtake to a 1.65% gold stream, and sale of investments for $25.6 million in proceeds.
- Cash flows from operating activities reached a record $23.3 million, up 94% from Q1 2017. Repurchases of shares and dividend payments were also made during the quarter.
The corporate update provides an overview of AuRico Metals' royalty portfolio and Kemess gold-copper project. Recent developments include positive feasibility study results for the Kemess Underground project showing annual production of 238koz gold equivalent at costs of $682/oz. The update also details a resource expansion at Kemess East intersecting high grade mineralization. AuRico believes Kemess offers attractive economics as a past producer in a favorable jurisdiction with significant existing infrastructure.
- Osisko reported Q2 2019 results with 19,651 GEOs earned and revenues of C$33.8 million from royalties and streams.
- Orion reduced its shareholding in Osisko from 19.5% to 6.2% following a secondary offering and share repurchase transaction.
- Gold prices are at an all-time high, positioning Osisko well to capture value from its royalty and stream portfolio.
- Production is expected to grow significantly in the coming years from assets such as Eagle, Windfall, Back Forty, Amulsar and others.
This corporate presentation discusses Osisko Gold Royalties Ltd's performance and portfolio:
- Osisko has generated over $700 million in cash and available credit with $221.7 million in investments and a steadily increasing dividend. Revenues have grown from $45.4 million to $62.7 million from 2015 to 2016.
- Osisko has a high quality portfolio of gold royalties focused on North America, including two premier producing assets in Quebec and Ontario. The portfolio provides cash flow from producing assets and optionality from over 50 exploration stage royalties.
- The presentation is intended to assist investors and includes forward-looking statements and cautions about mineral resource estimates according to Canadian versus U.S
- Osisko Gold Royalties Ltd reported its Q4 and full year 2021 results on February 25, 2022.
- The document contains forward-looking statements regarding future production estimates, timely development of mining properties, and management's expectations for growth and performance.
- It warns that actual results may differ from forward-looking statements due to risks and uncertainties in the mining industry such as commodity price fluctuations and regulatory changes.
- The document provides operating and financial results for Asanko Gold for Q4 2016 and full year 2016.
- Key highlights include commercial production being achieved ahead of schedule, ramping up to steady-state production by Q2, highest industry safety standards, and producing 57,178oz of gold in Q4 which exceeded feasibility projections.
- All-in sustaining costs declined quarter-over-quarter to $893/oz due to continued cost reductions and efficiencies, and the company had $66 million in cash and gold at the end of 2016.
This document discusses Osisko Gold Royalties, a leading growth-oriented royalty company. It notes that global debt levels, inflationary pressures, and political instability are increasing risks, while gold mine supply is expected to contract. This creates a bullish outlook for gold as a safe haven investment. Osisko is well positioned to benefit from these trends as a gold-focused royalty company.
Scotia investor conference final v1.compressedasanko6699
This document provides an investor presentation by Asanko Gold Inc. summarizing the company's 2017 performance and outlook. Key points include: 1) Mining operations are focused on the multi-pit Asanko Gold Mine complex in Ghana; 2) In 2017 the processing plant was upgraded ahead of schedule to increase throughput while maintaining recovery rates; 3) Four ore sources are now available to feed the plant in 2018; and 4) The company is optimizing its mine plan and exploring additional near-mine prospects to improve project economics and maintain optionality.
Preso q3 2017 financial results presentation final.compressed-2asanko6699
- The company reported quarterly gold production of 49,293 ounces at an AISC of $975/ounce, with gold sales of 50,241 ounces generating $63.7 million in revenue.
- Mining interventions have yielded encouraging results with resource and reserve reconciliations delivering positive results.
- The company generated $40.7 million in cash from operating activities, up 20% from the previous quarter, with EBITDA of $31.3 million and net income of $4.7 million.
- Osisko earned a record 20,990 GEOs in Q4 2017, up 134% from Q4 2016, and record revenues of $32.2 million, up 135% from Q4 2016. However, the company reported a net loss of $64.3 million due to an impairment charge.
- For the full year 2017, Osisko earned a record 58,933 GEOs, up 54% from 2016, with record revenues of $93.8 million, up 50% from 2016. However, the company reported a net loss of $42.5 million.
- In 2018, Osisko acquired a precious metals portfolio from Orion for $1.1 billion, significantly increasing its
Abaxx Investor Presentation January 2021Paris Golab
This corporate presentation provides an overview of Abaxx Technologies Inc., a full-stack financial technology company developing a regulated commodity futures exchange in Singapore. Abaxx's mission is to improve price signals in markets for the energy transition by creating new benchmarks for trading natural resource commodities based on environmental, social, and governance factors. The presentation outlines Abaxx's business segments, leadership team, and opportunities in the liquefied natural gas market as the exchange's initial focus as the LNG market transitions towards short-term trading.
Osisko Gold Royalties - Q4 and Year 2020 ResultsKevin Connan
This document provides an overview of Osisko Gold Royalties Ltd's fourth quarter and full year 2020 results, announced on February 25, 2021. It includes forward-looking statements regarding Osisko's expected growth, performance, projects and opportunities. However, it notes that actual results may differ from expectations due to risks and uncertainties in the business. The document also contains standard cautions regarding the use of mineral resource and reserve estimates.
Kut Financial purchases delinquent subprime auto debt and refinances to fit the budget of our clients. But we don't stop there...We provide education, progress dashboard, and proactive engagement to ensure clients improve their financial wellness
Osisko is acquiring Orion's portfolio of 6 streams, 61 royalties and 7 offtakes for total consideration of C$1,125 million. This transaction more than triples Osisko's number of producing assets and doubles its near-term cash flow. The combined company will have a highly attractive portfolio of world class development and exploration royalties with expected cash flow growth of 13% per year through 2023. The transaction creates a leading precious metals royalty and streaming company with a strong growth profile and focus on North America and gold.
- Osisko holds a presentation for the 2017 PDAC convention that discusses its gold royalty portfolio and business model.
- The presentation outlines Osisko's key producing assets which include Canadian Malartic, Eleonore, and Gibraltar, as well as its portfolio of over 50 exploration stage royalties.
- Osisko benefits shareholders by providing leverage to gold prices and exploration upside through its royalty model with zero costs and zero exposure to operating or capital risks.
Osisko Gold Royalties Ltd is a leading growth-oriented royalty company focused on the mining sector. It owns a portfolio of over 130 royalties, streams, and offtakes. Recent acquisitions have significantly grown its portfolio of cash flowing assets located in top mining jurisdictions. Osisko has an experienced management team and a track record of over $9 billion in value creation. It is uniquely positioned for continued growth through organic expansion of its existing assets and new acquisitions.
1) Osisko Gold Royalties Ltd is the world's premier growth-oriented royalty company, focused on Canadian assets with over 130 royalties, streams, and offtakes.
2) The company has a unique strategy of investing in projects throughout the development cycle from early exploration to production to create value.
3) Osisko has prime royalty real estate in major Canadian gold camps with over 25,000 km2 of land and historic production of over 250 million ounces of gold.
Osisko Gold Royalties is a growth-oriented royalty company that expects to grow its gold equivalent ounce production from 80k oz in 2018 to over 150k oz within the next 5 years. It has a leading and unparalleled growth profile as well as the highest margins in the metals and mining sector. The document contains forward-looking statements regarding Osisko's expectations for future performance.
This document provides an overview of Calibre Mining Corp.'s goals and objectives, including:
1) Execution of its 2020 production guidance and capital allocation plans.
2) Expanding resources at its Pavon, El Limon, and La Libertad projects through drilling.
3) Pursuing discovery opportunities through exploration at its Borosi and other projects.
This corporate presentation outlines why Osisko Gold Royalties Ltd is a premier growth-oriented royalty company. It highlights that Osisko has the highest growth in the gold royalty sector and is accelerating development of Canada's next gold mines. As a gold and Canada-focused company, Osisko offers a dividend yield and industry-leading margins. However, the presentation also contains numerous cautionary statements regarding the forward-looking nature of any projections or estimates, including risks and uncertainties that could cause actual results to differ from expectations.
Q1 2019 Results
- Osisko Gold Royalties Ltd reported 19,753 gold equivalent ounces earned in Q1 2019, compared to 20,036 in Q1 2018. Revenues from royalties and streams were $33.5 million compared to $32.6 million in Q1 2018. Net cash flows from operating activities were $24.8 million compared to $23.3 million in Q1 2018.
This document provides an overview of Osisko Gold Royalties Ltd as a world-class growth-oriented royalty company. It discusses Osisko's experienced management team, strong technical team, and history of value creation through its involvement in mining projects over the past 15 years. It also outlines Osisko's high-quality portfolio of royalty and streaming assets that provide cash flow from cornerstone properties in top jurisdictions. Osisko is uniquely positioned for significant growth through its pipeline of additional royalty interests and has an industry-leading forecast for cash flow growth between 2017-2023.
- Osisko reported 20,036 gold equivalent ounces earned in Q1 2018, in line with its annual guidance of 77,500 to 82,500 ounces. Cash operating margins from royalty and stream interests were 91%, the highest in the metals and mining sector.
- Significant investments and transactions included $148 million for a 5% royalty on Victoria Gold's Eagle Gold project, conversion of the Matilda gold offtake to a 1.65% gold stream, and sale of investments for $25.6 million in proceeds.
- Cash flows from operating activities reached a record $23.3 million, up 94% from Q1 2017. Repurchases of shares and dividend payments were also made during the quarter.
The corporate update provides an overview of AuRico Metals' royalty portfolio and Kemess gold-copper project. Recent developments include positive feasibility study results for the Kemess Underground project showing annual production of 238koz gold equivalent at costs of $682/oz. The update also details a resource expansion at Kemess East intersecting high grade mineralization. AuRico believes Kemess offers attractive economics as a past producer in a favorable jurisdiction with significant existing infrastructure.
- Osisko reported Q2 2019 results with 19,651 GEOs earned and revenues of C$33.8 million from royalties and streams.
- Orion reduced its shareholding in Osisko from 19.5% to 6.2% following a secondary offering and share repurchase transaction.
- Gold prices are at an all-time high, positioning Osisko well to capture value from its royalty and stream portfolio.
- Production is expected to grow significantly in the coming years from assets such as Eagle, Windfall, Back Forty, Amulsar and others.
This corporate presentation discusses Osisko Gold Royalties Ltd's performance and portfolio:
- Osisko has generated over $700 million in cash and available credit with $221.7 million in investments and a steadily increasing dividend. Revenues have grown from $45.4 million to $62.7 million from 2015 to 2016.
- Osisko has a high quality portfolio of gold royalties focused on North America, including two premier producing assets in Quebec and Ontario. The portfolio provides cash flow from producing assets and optionality from over 50 exploration stage royalties.
- The presentation is intended to assist investors and includes forward-looking statements and cautions about mineral resource estimates according to Canadian versus U.S
- Osisko Gold Royalties Ltd reported its Q4 and full year 2021 results on February 25, 2022.
- The document contains forward-looking statements regarding future production estimates, timely development of mining properties, and management's expectations for growth and performance.
- It warns that actual results may differ from forward-looking statements due to risks and uncertainties in the mining industry such as commodity price fluctuations and regulatory changes.
- The document provides operating and financial results for Asanko Gold for Q4 2016 and full year 2016.
- Key highlights include commercial production being achieved ahead of schedule, ramping up to steady-state production by Q2, highest industry safety standards, and producing 57,178oz of gold in Q4 which exceeded feasibility projections.
- All-in sustaining costs declined quarter-over-quarter to $893/oz due to continued cost reductions and efficiencies, and the company had $66 million in cash and gold at the end of 2016.
This document discusses Osisko Gold Royalties, a leading growth-oriented royalty company. It notes that global debt levels, inflationary pressures, and political instability are increasing risks, while gold mine supply is expected to contract. This creates a bullish outlook for gold as a safe haven investment. Osisko is well positioned to benefit from these trends as a gold-focused royalty company.
Scotia investor conference final v1.compressedasanko6699
This document provides an investor presentation by Asanko Gold Inc. summarizing the company's 2017 performance and outlook. Key points include: 1) Mining operations are focused on the multi-pit Asanko Gold Mine complex in Ghana; 2) In 2017 the processing plant was upgraded ahead of schedule to increase throughput while maintaining recovery rates; 3) Four ore sources are now available to feed the plant in 2018; and 4) The company is optimizing its mine plan and exploring additional near-mine prospects to improve project economics and maintain optionality.
Preso q3 2017 financial results presentation final.compressed-2asanko6699
- The company reported quarterly gold production of 49,293 ounces at an AISC of $975/ounce, with gold sales of 50,241 ounces generating $63.7 million in revenue.
- Mining interventions have yielded encouraging results with resource and reserve reconciliations delivering positive results.
- The company generated $40.7 million in cash from operating activities, up 20% from the previous quarter, with EBITDA of $31.3 million and net income of $4.7 million.
- Osisko earned a record 20,990 GEOs in Q4 2017, up 134% from Q4 2016, and record revenues of $32.2 million, up 135% from Q4 2016. However, the company reported a net loss of $64.3 million due to an impairment charge.
- For the full year 2017, Osisko earned a record 58,933 GEOs, up 54% from 2016, with record revenues of $93.8 million, up 50% from 2016. However, the company reported a net loss of $42.5 million.
- In 2018, Osisko acquired a precious metals portfolio from Orion for $1.1 billion, significantly increasing its
Abaxx Investor Presentation January 2021Paris Golab
This corporate presentation provides an overview of Abaxx Technologies Inc., a full-stack financial technology company developing a regulated commodity futures exchange in Singapore. Abaxx's mission is to improve price signals in markets for the energy transition by creating new benchmarks for trading natural resource commodities based on environmental, social, and governance factors. The presentation outlines Abaxx's business segments, leadership team, and opportunities in the liquefied natural gas market as the exchange's initial focus as the LNG market transitions towards short-term trading.
Osisko Gold Royalties - Q4 and Year 2020 ResultsKevin Connan
This document provides an overview of Osisko Gold Royalties Ltd's fourth quarter and full year 2020 results, announced on February 25, 2021. It includes forward-looking statements regarding Osisko's expected growth, performance, projects and opportunities. However, it notes that actual results may differ from expectations due to risks and uncertainties in the business. The document also contains standard cautions regarding the use of mineral resource and reserve estimates.
Kut Financial purchases delinquent subprime auto debt and refinances to fit the budget of our clients. But we don't stop there...We provide education, progress dashboard, and proactive engagement to ensure clients improve their financial wellness
Osisko is acquiring Orion's portfolio of 6 streams, 61 royalties and 7 offtakes for total consideration of C$1,125 million. This transaction more than triples Osisko's number of producing assets and doubles its near-term cash flow. The combined company will have a highly attractive portfolio of world class development and exploration royalties with expected cash flow growth of 13% per year through 2023. The transaction creates a leading precious metals royalty and streaming company with a strong growth profile and focus on North America and gold.
Osisko Gold Royalties is a world-class growth-oriented royalty company that holds a portfolio of over 135 royalties, streams, and other interests focused primarily on precious metals. The document discusses Osisko's history of growth in the mining sector over the past 13 years from 2004 to 2017, starting with no assets and growing its portfolio value to over $10 billion currently. It also contains standard cautionary statements about forward-looking information and mineral reserve estimates.
Vox Royalty Investor Presentation - April 2020SimonCooper1987
This document is an investor presentation for SilverStream SEZC (formerly known as Vox Royalty Corp) dated April 2020. It provides an overview of the company, which is in the process of changing its legal name. The presentation contains standard disclaimer language noting that the information provided is subject to risks and uncertainties and contains forward-looking statements. It also notes that technical and third-party information has been obtained from public sources and not independently verified by the company.
- Osisko is a leading royalty and streaming company focused on precious metals with a portfolio of over 100 royalties and streams.
- It has a leading growth profile, expecting to grow gold equivalent ounce production from 80k oz in 2018 to over 180k oz within 5 years.
- It has one of the highest margins in the metals and mining sector at over 87% expected for 2018.
- It provides significant exploration upside through over 2.5 million meters of drilling announced on its royalty properties since 2016.
Osisko Gold Royalties is a growth-oriented royalty company that holds over 135 royalties, streams, and other interests across North America. The company's business model delivers strong cash flows and asymmetric upside potential from its interests in multiple exploration properties. Osisko has a large, diversified asset portfolio in low-risk jurisdictions that provides exposure to gold, silver, copper, nickel, and other commodities. The company expects continued growth through acquisitions and organic growth from its existing asset base.
- Osisko holds high quality gold royalties on producing assets in Quebec, Ontario, and British Columbia that are expected to provide over 43,000 attributable GEOs in 2017, growing to over 46,000 GEOs.
- The largest royalty is a 5% NSR on the Canadian Malartic mine, the largest gold mine in Canada, which is expected to provide over 30,000 GEOs in 2017.
- Other key royalties include a 2.0-3.5% NSR on the Éléonore mine, a 1.7-2.55% NSR on the Island Gold mine, and a silver stream on the Gibraltar mine.
Osisko Gold Royalties Ltd is acquiring the remaining shares of Barkerville Gold Mines Ltd that it does not already own. This will give Osisko 91% ownership of Barkerville. The transaction is valued at approximately C$338 million. It provides benefits to both Barkerville and Osisko shareholders, including premium pricing, access to funding to advance the Cariboo gold project, and exposure to a growing gold producer. The Cariboo project has a resource of over 4 million ounces and the goal is to expand production to 185,000 ounces annually. Osisko aims to leverage its technical expertise and financial strength to accelerate the development of Cariboo according to the positive preliminary economic assessment.
This document provides cautionary notes for a presentation on June 21-22, 2016. It notes that the presentation refers to non-GAAP measures and directs readers to sections in previous reports for definitions and discussions of these measures. It also contains cautionary statements regarding forward-looking statements, noting that many factors could cause actual results to differ materially from expectations. Technical information has been reviewed by a qualified person. The document also cautions readers that mineral resource and reserve estimates have been prepared according to Canadian standards which differ from U.S. standards and may not be directly comparable.
This document provides an overview and cautionary statements for Josemaria Resources, a company focused on developing its Josemaria copper-gold project in San Juan, Argentina. It summarizes key details from a pre-feasibility study for the project, including anticipated capital and operating costs, production levels, and economic metrics. However, it notes that all statements regarding the potential development of the project constitute forward-looking information that is based on certain assumptions and involves known and unknown risks, uncertainties and other factors that could cause actual results to differ materially. Mineral resource and reserve estimates are also forward-looking statements that assume economic viability can be demonstrated.
This document is a corporate presentation by Josemaria Resources that discusses their Josemaria copper-gold project in San Juan, Argentina. It contains forward-looking statements regarding estimates from a pre-feasibility study on the project, including anticipated capital costs, production rates, and economic metrics. It also provides cautionary notes regarding the forward-looking nature of the statements and defines key terms like mineral resources and reserves according to Canadian standards. Qualified persons reviewed the scientific and technical data presented.
Osisko reported strong financial and operating results for Q4 2016 and full year 2016. In Q4, Osisko earned 8,964 gold equivalent ounces, revenues of C$13.7 million, and net cash flows of C$12.8 million. For the full year 2016, Osisko earned a record 38,270 gold equivalent ounces, revenues of C$62.7 million, and net cash flows of C$53.4 million. Osisko is forecasting gold equivalent ounce production of 43,300 to 46,100 ounces for 2017. Osisko ended 2016 with C$499.2 million in cash and cash equivalents.
Osisko reported its Q3 2017 results on November 9, 2017. Highlights included closing the acquisition of a precious metals portfolio from Orion for $1.1 billion, consisting of 74 royalties, streams, and offtakes. Osisko also declared a quarterly dividend of $0.05 per share and closed a $300 million convertible debenture offering. Subsequent to Q3, Osisko announced a US$65 million gold stream and private placement with Aquila Resources referenced to its Back Forty Project in Michigan.
This document summarizes Pan American Silver's Q2 2016 unaudited results presentation. It discusses the participants in the presentation, provides cautionary notes about using non-GAAP measures and forward-looking statements, and summarizes the company's Q2 2016 financial results including net earnings, cash flows, production amounts, cash costs and all-in sustaining costs. It also compares Q2 2016 results to Q2 2015 and reaffirms Pan American's 2016 production forecast while lowering cost forecasts.
Equinox Gold & Leagold Combine to Create Premier Americas Gold ProducerEquinox Gold Corp.
Equinox Gold and Leagold are combining to create a premier Americas gold producer. The transaction will merge the two companies through a plan of arrangement, with Leagold shareholders receiving 0.331 Equinox Gold shares for each Leagold share held. The combined company will have annual gold production of over 1 million ounces, 6 producing mines, 2 development projects, and significant reserves and resources located entirely in the Americas. The transaction is fully funded through a $670 million financing package. The merger creates a top 20 global gold producer with significant growth potential.
Equinox Gold & Leagold Combine to Create Premier Americas Gold ProducerEquinox Gold Corp.
Equinox Gold and Leagold Mining entered into a definitive agreement to combine in an at-market merger of equals, creating one of the world’s top gold producing companies, operating entirely in the Americas. The combined company will have six producing mines, two development projects, two expansion projects and a strong balance sheet that fully funds internal growth plans. Combining the companies accelerates the shared vision of producing one million ounces of gold per year, providing improved scale, greater asset and country diversification and a lower risk profile for all shareholders.
Equinox Gold is a Canadian mining company with a multi-million-ounce gold reserve base and growth potential from three wholly-owned gold mines. The Company is producing gold from its Mesquite Gold Mine in California and its Aurizona Gold Mine in Brazil, and is constructing its Castle Mountain Gold Mine in California with the target of pouring gold in Q3-2020. Equinox Gold is listed on the TSX and the NYSE American under the trading symbol EQX.
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2. 2
DISCLAIMER
DISCLAIMER
THE INFORMATION CONTAINED IN THIS DOCUMENT HAS BEEN COMPILED FROM SOURCES BELIEVED TO BE RELIABLE. VOX ROYALTY CORP. (THE “COMPANY”) DOES NOT GUARANTEE THE ACCURACY OR
COMPLETENESS OF SUCH INFORMATION. STATEMENTS IN THIS DOCUMENT ARE MADE AS OF THE DATE OF THIS DOCUMENT UNLESS STATED OTHERWISE, AND NEITHER THE DELIVERY OF THIS DOCUMENT AT
ANY TIME, NOR ANY SALE HEREUNDER, SHALL UNDER ANY CIRCUMSTANCES CREATE AN IMPLICATION THAT THE INFORMATION CONTAINED HEREIN IS CORRECT AS OF ANY SUBSEQUENT DATE.
THIS DOCUMENT, WHICH HAS NOT BEEN VERIFIED AND IS SUBJECT TO UPDATING, IS PROVIDED FOR INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO SELL OR INVITATION
TO SELL OR ISSUE, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN ANY JURISDICTION. THIS DOCUMENT SHOULD NOT BE CONSIDERED AS A RECOMMENDATION BY ANY
PARTY TO ENTER INTO ANY TRANSACTION.
RESPONSIBILITY OR LIABILITY IS ACCEPTED FOR THE ACCURACY OF THIS DOCUMENT, OR FOR ANY ERRORS, OMISSIONS OR MISSTATEMENTS IN THIS DOCUMENT. IN SO FAR AS SUCH LIABILITY MAY BE
EXCLUDED BY LAW, NONE OF ANY PARTY MENTIONED IN THIS DOCUMENT, OR ANY OF THEIR RELATED BODIES CORPORATE OR AFFILIATES, OR ANY DIRECTORS, OFFICERS, EMPLOYEES OR ADVISERS OF ANY
OF THE FOREGOING, OR ANY OTHER PERSON, ACCEPTS ANY RESPONSIBILITY OR LIABILITY FOR ANY DIRECT, INDIRECT OR CONSEQUENTIAL LOSS OR DAMAGE SUFFERED BY ANY PERSON AS A RESULT OF
RELYING ON ANY STATEMENT IN OR OMISSION FROM THIS DOCUMENT.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
THIS PRESENTATION CONTAINS FORWARD-LOOKING INFORMATION AND FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF APPLICABLE CANADIAN SECURITIES LAWS. ANY STATEMENTS THAT EXPRESS
OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE (OFTEN, BUT NOT ALWAYS,
IDENTIFIED BY WORDS OR PHRASES SUCH AS “EXPECTS”, “IS EXPECTED”, “ANTICIPATES”, “BELIEVES”, “PLANS”, “PROJECTS”, “ESTIMATES”, “ASSUMES”, “INTENDS”, “STRATEGY”, “GOALS”,
“OBJECTIVES”, “POTENTIAL”, “POSSIBLE” OR VARIATIONS THEREOF OR STATING THAT CERTAIN ACTIONS, EVENTS, CONDITIONS OR RESULTS “MAY”, “COULD”, “WOULD”, “SHOULD”, “MIGHT” OR “WILL”
BE TAKEN, OCCUR OR BE ACHIEVED, OR THE NEGATIVE OF ANY OF THESE TERMS AND SIMILAR EXPRESSIONS) ARE NOT STATEMENTS OF HISTORICAL FACT AND MAY BE FORWARD-LOOKING STATEMENTS.
FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESENTATION INCLUDE, BUT ARE NOT LIMITED TO, STATEMENTS REGARDING TARGETED ANNUAL PRODUCTION AT THE PEDRA BRANCA PROJECT, THE
LIFE OF MINE ESTIMATE FOR THE BOWDENS PROJECT, THE ABILITY OF THE COMPANY TO MAINTAIN RAPID GROWTH AND OTHER STATEMENTS THAT ARE NOT STATEMENTS OF FACT. THESE STATEMENTS
RELATE TO ANALYSES AND OTHER INFORMATION THAT ARE BASED ON FORECASTS OF FUTURE RESULTS, ESTIMATES OF AMOUNTS NOT YET DETERMINABLE AND ASSUMPTIONS OF MANAGEMENT.
FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND ARE BASED UPON A NUMBER OF ESTIMATES AND ASSUMPTIONS OF
MANAGEMENT AT THE DATE SUCH STATEMENTS ARE MADE, WHICH MANAGEMENT BELIEVES TO BE REASONABLE, INCLUDING WITHOUT LIMITATION, ASSUMPTIONS ABOUT: FUTURE PRICES OF GOLD AND OTHER
METALS; THE ONGOING OPERATION OF THE PROPERTIES IN WHICH THE COMPANY HOLDS A STREAM/ROYALTY BY THE OWNER OR OPERATOR OF SUCH PROPERTIES IN A MANNER CONSISTENT WITH PAST
PRACTICES; THE ACCURACY OF PUBLIC STATEMENTS AND DISCLOSURES MADE BY THE OWNERS OR OPERATORS OF SUCH UNDERLYING PROPERTIES; NO MATERIAL CHANGES TO EXISTING TAX TREATMENT; NO
ADVERSE DEVELOPMENT IN RESPECT OF ANY SIGNIFICANT PROPERTY IN WHICH THE COMPANY HOLDS A ROYALTY; INTEGRATION OF ACQUIRED ASSETS; PERFORMANCE OF CONTRACTUAL OBLIGATIONS BY
COUNTERPARTIES; FINANCIAL VIABILITY OF THIRD PARTY OWNERS AND OPERATORS; FINANCIAL PROJECTIONS AND BUDGETS; ACCURACY OF ANY MINERAL RESOURCES, ANTICIPATED COSTS AND
EXPENDITURES; FUTURE CONSENSUS ROYALTY PRICE-TO-CASH-FLOW VALUATIONS ARE ACCURATE. MANY ASSUMPTIONS ARE BASED ON FACTORS AND EVENTS THAT ARE NOT WITHIN THE CONTROL OF THE
COMPANY AND THERE IS NO ASSURANCE THEY WILL PROVE TO BE CORRECT.
FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION ARE STATEMENTS ABOUT THE FUTURE, WHICH ARE INHERENTLY UNCERTAIN AND WHICH ARE SUBJECT TO A VARIETY OF KNOWN AND
UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT COULD CAUSE ACTUAL PERFORMANCE, ACHIEVEMENTS, ACTIONS, EVENTS, RESULTS OR CONDITIONS TO DIFFER MATERIALLY FROM THOSE
REFLECTED IN THE FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION, INCLUDING, WITHOUT LIMITATION: THE COMPANY’S LACK OF CONTROL OVER THE MINING OPERATIONS IN WHICH
IT HOLDS ONLY ROYALTY INTERESTS; THE COMPANY’S DEPENDENCY ON THE FINANCIAL VIABILITY AND OPERATIONAL EFFECTIVENESS OF THIRD PARTY OWNERS AND OPERATORS; THE COMPANY’S RELIANCE
ON THIRD PARTY REPORTING AND POTENTIALLY LIMITED ACCESS TO DATA; CHANGES OR DISRUPTIONS IN THE SECURITIES MARKETS; FLUCTUATION IN THE PRICE OF GOLD AND BASE METALS AND FUTURE
COMMODITY PRICES; PRICE VOLATILITY OF THE COMPANY’S SECURITIES; RISKS FROM THE NEED FOR ADDITIONAL CAPITAL AND THE COMPANY’S ABILITY TO RAISE ADDITIONAL FUNDS; ADEQUACY OF
FINANCIAL RESOURCES; THE INTRODUCTION OF NEW TAXES OR CHANGES IN TAX LAWS AND INTERPRETATIONS; THE PROPERTIES ON WHICH THE COMPANY HOLDS ROYALTY AND OTHER INTERESTS WILL BE
SUBJECT TO EXPLORATION, DEVELOPMENT AND MINING RISKS (INCLUDING, AMONG OTHERS, THE SPECULATIVE NATURE OF MINERAL EXPLORATION AND DEVELOPMENT, RISKS RELATING TO MINING
OPERATIONS AND DEVELOPMENT, THE RESULTS OF CURRENT EXPLORATION, DEVELOPMENT AND MINING ACTIVITIES, LAND TITLE ISSUES AND RISKS, DEPENDENCE ON KEY PERSONNEL; FUTURE CONSENSUS;
AND ROYALTY PRICE-TO-NAV VALUATIONS WILL NOT BE ACCURATE. SHOULD ONE OR MORE OF THESE RISKS AND UNCERTAINTIES MATERIALIZE, OR SHOULD UNDERLYING ASSUMPTIONS PROVE INCORRECT,
ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE CORPORATION, OR INDUSTRY RESULTS, MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THIS PRESENTATION.
THE FORWARD-LOOKING STATEMENTS AND INFORMATION CONTAINED IN THIS PRESENTATION ARE MADE OR GIVEN AS AT THE DATE OF THIS PRESENTATION AND THE COMPANY DISCLAIMS ANY INTENTION OR
OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS OR INFORMATION, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED UNDER
APPLICABLE SECURITIES LAW. THE READER IS CAUTIONED NOT TO PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS OR FORWARD-LOOKING INFORMATION.
3. 3
LOW GEOPOLITICAL RISK:
75%+ OF ASSETS IN AUSTRALIA
FOCUSED ON PRECIOUS METALS
& PRODUCTION STAGE
ROYALTY ASSETS
DEEP PIPELINE OF
VALUE-ACCRETIVE
ROYALTY ACQUISITIONS
GROWTH FOCUSED MINING ROYALTY COMPANY
ESTABLISHED IN 2014,
PATIENTLY BUILT UNIQUE
INTELLECTUAL PROPERTY,
TECHNICAL TEAM AND
GLOBAL SOURCING NETWORK
INDUSTRY-LEADING GROWTH:
16 TRANSACTIONS
IN PAST 18 MONTHS
CRITICAL MASS OF 42
ROYALTIES & STREAMS,
WITH SIGNIFICANT
NEAR-TERM ORGANIC
GROWTH CATALYSTS
4. 4
VOX OVERVIEW
HIGH GROWTH ROYALTY COMPANY FOCUSSED ON SECTOR-LEADING INDUSTRY RETURNS
» Share Price (TSX-V as at July 10, 2020) C$3.15
» Shares Issued 32.2M
» Options 0.03M
» Warrants 2.6M
o 2.3M at C$4.00, expiry May 2022,
forced cash buyback >C$4.00 for 30 days
o 0.3M at C$3.00, expiry April/May 2022
» Market Capitalization C$101M
» Cash on Hand C$8M
» Debt Outstanding nil
» Key Shareholders
o Management 15%
o Institutions & Family Offices 33%
» Total Capital Deployed ~C$20M
o Total cash and equity deployed across 20 transactions
to acquire 42 royalties & streams
CAPITAL STRUCTURE
Precious
64%
Battery
17%
Base
12%
Bulk
7%
PRECIOUS
METALS
WEIGHTED
Australia
76%
Peru
7%
Canada & USA
5%
Other
12%
LOW
GEO-POLITICAL
RISK
EXPONENTIAL
ORGANIC
GROWTH
(# PRODUCING ASSETS)
2
7
2020 2021
Sources: Capital IQ, Vox management
5. » Royalty-specific deal expertise > 30 years combined
experience
» Investment industry professionals with financing and
advisory experience on an additional $1B of metals &
mining transactions
» Local experts strategically located across the globe:
o Western Australia
o Toronto
o Denver
o Grand Cayman
» Full time CFO and General Counsel enable efficient
tax & legal due diligence for rapid deal completion
» Management team of six all focused on business
development – one of the largest deal sourcing teams
of any royalty company <$1B market capitalisation
» The most experienced team of royalty experts of any
emerging royalty company
5
MANAGEMENT
TECHNICALLY FOCUSED TEAM WITH >$1.5B ROYALTY TRANSACTION EXPERIENCE
Founded Vox Royalty; 10+ years of streaming and royalty acquisition
experience; instrumental in financing and advising approximately $1B
in transactions; Studied MSc Mineral Economics (Colorado School of
Mines) & BBus in Corporate Finance (University of Washington)
SIMON COOPER, EVP CORPORATE DEVELOPMENT
Geologist, Mining Engineer and Investment Professional; corporate
roles in evaluation, M&A and project finance; base and precious metals
experience across five continents; MSc Mining Engineering (Camborne
School of Mines) & BSc Geology (University of New South Wales).
SPENCER COLE, EVP NORTH AMERICA
Co-Founder of MRO, Mining Engineer and former Investment Banker;
+10 years’ experience with BHP (M&A, Feasibility Studies), South32
(Hermosa/Taylor Project, Boddington Bauxite Mine, Corporate) and
UBS Investment Bank; historically involved in >$1B of royalty
transactions; BComm (Finance) and MEng (Mining Engineering).
RIAAN ESTERHUIZEN, EVP AUSTRALIA
Co-Founder of MRO, Geologist; 20 years' experience in multi-
commodity exploration and commercial management roles with BHP,
Rio Tinto, Randgold and Goldfields; including significant exposure to
royalty transactions, due diligence and M&A; BComm (Economics) and
BSc (Hons) Geology.
KYLE FLOYD, CEO TEAM HIGHLIGHTS
6. Spot Gold Price
Royalty Companies
GDX
S&P/TSX Global Mining
0
50
100
150
200
250
300
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
6
Exploration & mine expansion
upside at no additional cost
Fixed operating & cash costs,
strong margins
No capex or cost overrun
exposure
Leverage to commodity prices
No Dilution
10-Year Indexed Price Performance
Royalty companies have consistently outperformed other mining equities over the past 10 years
No limit to growth as execution
risk does not rise with each
acquisition
ROYALTY & STREAMING MODEL BENEFITS
ONE OF THE BEST WAYS TO INVEST IN THE MINING INDUSTRY
1
1) Market capitalization-weighted Index year over year increase. Index includes Franco-Nevada, Wheaton Precious Metals, Royal Gold,
Sandstorm Gold, Osisko Gold Royalties, Abitibi Royalties, EMX Royalties, Ely Gold Royalties, Maverix Metals, Metalla
7. ROYALTY COMPANY INDEXED SHARE PRICE APPRECIATION
SIGNIFICANTLY OUTPERFORMED THE MARKET AND UNDERLYING COMMODITIES
Source: Factset
2008 2010 2012 2014 2016 2018
0%
200%
400%
600%
800%
1000%
1200%
Franco-Nevada Corporation
Gold NYMEX Near Term ($/ozt)
S&P 500
Silver London AM/PM Fixing ($/ozt)
2005 2007 2009 2011 2013 2015 2017 2019
0%
200%
400%
600%
800%
1000%
1200%
Wheaton Precious Metals Corp
Gold NYMEX Near Term ($/ozt)
S&P 500
Silver London AM/PM Fixing ($/ozt)
2000 2003 2006 2009 2012 2015 2018
0%
500%
1000%
1500%
2000%
2500%
3000%
3500%
4000%
4500%
Royal Gold, Inc.
Gold NYMEX Near Term ($/ozt)
S&P 500
Silver London AM/PM Fixing ($/ozt)
~900% Increase Since Inception ~1000% Increase in last 15 Years ~2500% Increase in last 20 Years
Average of ~365% Share Price Appreciation In First 3 Years
7
8. 8
EXTRAORDINARY GROWTH SET TO CONTINUE
CRITICAL MASS ACHIEVED, EXECUTING ON A FULL PIPELINE OF OPPORTUNITIES
Highly accretive transaction history
» Unique sourcing capability resulting in
royalties acquired at attractive values
» Producing and near-term development
royalties consistently acquired for attractive
P/NAV
Pipeline fuller than ever
» Significant transactional momentum expected
to continue for the foreseeable future
» Currently evaluating more than $500M worth of
additional royalty transactions
» Targeting 80% of capital allocation to
production or near-production stage royalties
» Pipeline driven by proprietary database of
>7,000 royalties and global team with reach
into multiple local markets
16 Transactions & 37 Royalties Contracted Since January 2019
Vox Royalty
Metalla
Maverix
Ely Gold Royalties
EMX
Altius Minerals
Anglo Pacific
Abitibi
Morien
Nomad
Trident
0
5
10
15
20
25
30
35
40
45
0 2 4 6 8 10 12 14 16 18 20
RoyaltiesAcquired
Transactions
Sources: press releases, company filings, Vox management
9. 9
PROPRIETARY ROYALTY DATABASE
INHERENT COMPETITIVE ADVANTAGE FROM UNIQUE INTELLECTUAL PROPERTY
Vox entered into an agreement to acquire Mineral
Royalties Online (“MRO”) in March 2019
» Acquisition included a proprietary database of >7,000 global
royalties and >500 historical royalty transactions
» MRO founders elected to join the Vox management team, adding
expertise and involvement in >$1B in royalty transactions
Acquisition yields wider transactional opportunities
» Provides Vox the first-mover advantage to execute bilateral,
non-brokered royalty deals – the majority of 2019/2020 deals
have been completed on this basis
» Database of historical transactions benchmarked over a 40-year
period enables Vox to price royalties faster and more effectively
than competitors
Track record of sourcing and completing royalty deals
with unconventional sellers (e.g. Telecommunications
company, Hearing-Aid company, Auto Parts Retailer)
Royalty Database example – Kalgoorlie, Australia
» Visually integrates global mining royalties (green below) with
mineral deposits (red below) and mining claims (black lines)
» Enables VOX management to evaluate and prioritize thousands of
royalty opportunities in a fraction of the time
10. 10
PORTFOLIO OVERVIEW
A GLOBAL FOOTPRINT, WITH A STRONG AUSTRALIAN WEIGHTING
41%
British King
Graphmada
Yellow Giant
Montana Royalties
Mexican Royalties
Torrecillas
Pedra Branca
Ptombeiras
Dry Creek, West Kundana, Kelly Well,
New Bore, Millrose, Kookynie
Greenbushes North,
Pilgangoora North &
Wodgina South
Koolyanobbing
Bowdens
Barabolar
Mt Ida
Forest Reefs
Mt Moss
Alce
Las Antas
Volga
Holleton, Yalbra,
Yamarna, Green Dam,
Bulong
Sulphur Springs, Kangaroo
Caves, Thaduna
Ashburton, Merlin
Glen, Anthiby
Well
Precious
64%
Battery
17%
Base
12%
Bulk
7%
Precious
Battery
Base
Bulk
Asset Stage Current 20213
Producing 2 7
Development 10 7
Exploration 30 28
1) Pie chart shown by royalty count
2) Development assets include the following stages: feasibility study completed, care & maintenance and toll-treatment targeted to
commence within the next 12 months (based on public filings)
3) Number of royalties expected to be producing in 2021 based on public filings and guidance of operating partners
Uley
Saxby
Segilola
11. 11
EXPONENTIAL EMBEDDED GROWTH
SIGNIFICANT NEAR-TERM CATALYSTS EXPECTED TO RE-RATE PORTFOLIO VALUE
2
KOOLYANOBBING
GRAPHMADA
7
DRY CREEK
MT IDA
BRITISH KING
TORRECILLAS
SEGILOLA
CURRENT 2021 2022 – 2024
>7
PEDRA BRANCA
SULPHUR SPRINGS
BOWDENS
ASHBURTON
(TOLL-TREAT)
YELLOW GIANT
(C&M RESTART)
ULEY
BULONG
PRODUCING
ASSETS1
Additional organic growth and production potential from 28 exploration-stage royalties
1) Number of royalties expected to be producing in 2021 based on public filings and guidance of operating partners
12. 12
STRONG OPERATING PARTNERS
ROYALTIES OVER PROPERTIES HELD BY SEVERAL GLOBAL TIER 1 MINING COMPANIES
P A R T O F T H E
SENIOR
PRODUCERS
>$1B Market Cap
INTERMEDIATE
PRODUCERS
$100M-$1B Market Cap
EXPLORERS &
DEVELOPERS
<$100M Market Cap
11
1) Private or state-owned companies, company size is estimated
13. 13
PORTFOLIO HIGHLIGHTS
SIGNIFICANT EMBEDDED ORGANIC GROWTH AND NEAR-TERM CATALYSTS EXPECTED
Segilola
Nigeria, Gold
1.5% NSR
» First gold production expected Q2 2021
» Feasibility study targeted 80Koz x 5 year
open pit operation
» High grade open pit Mineral Resource of
405,000oz @ 4.2g/t (0.8g/t cut-off)
Construction
Bowdens
Australia, Silver
0.85% GRR
» Feasibility stage project, with forecast
16 year life of mine (LOM) and forecast
production of 52.9Moz Ag, 108Kt Zn and 79Kt
Pb (recovered metal in concentrate)
» Tenement package covers 963km2
Development
Koolyanobbing
Australia, Iron Ore
2.0% FOB revenue
» Mineral Resource for Deception/Altair
deposit of 15.6Mt @ 60.1% Fe Indicated
and 3.9Mt @ 59.3% Fe Inferred
(50% Fe cut-off grade)
» Operator completed study to expand Yilgarn
Iron Ore Business to 15Mtpa by end-2020
Producing
Source: Thor Exploration Ltd, 4 Feb 2019 Resource Estimate Technical
Report, 4 Feb 2019 Definitive Feasibility Study
Source: Mineral Resources Ltd, 20 November 2019 JORC Resource &
Reserve Statements. 15Mtpa expansion ASX referenced on 25-Feb-2020
Source: Silver Mines Ltd, 14 June 2018 Feasibility Study –
Bowdens Silver Project, ASX announcement. Drilling program
ASX referenced by Silver Mines Ltd on 30-Jan-2020
The Company is treating the Bowdens Feasibility Study and the
mineral resource and reserve estimates therein as historical in
nature and notes that a qualified person has not done
sufficient work to classify the historical estimates as current
mineral resources or current mineral reserves. See slide 4 for
more information.
$1M - $1.5M pa revenue potential $1.5M - $2M pa revenue potential
$1M - $1.5M pa revenue potential
14. 14
PORTFOLIO HIGHLIGHTS
ROYALTIES COVER >2 MILLION GOLD OUNCES, POTENTIAL $2M - $5M INCREMENTAL REVENUE
Dry Creek
Source: RNC Minerals NI43-101 Technical Report, 6 February 2020
(Higginsville mill shown)
Source: Northern Star Resources ASX announcement 12 Feb 2013, JORC
resource restated by Northern Star on 1 Aug 2019 (Paulsens mill shown)
Source: Alt Resources Ltd ASX announcement 10 Jul 2020 (Pre-
Feasibility Study), Alt Resources Ltd ASX quarterly 30 Apr
2020 (Tim’s Find update)
Ashburton
Australia, Gold
1.75% GRR
» Mineral Resource of 1.7Moz Au @ 2.4g/t Au
» Potential toll-treatment of high grade ore
» Comprises 961km2 tenement package
» Historical production included 3.2Mt @
3.3g/t for 340Koz between 1998 – 2004
Exploration (toll-treat potential)
Mt Ida
Australia, Gold
1.5% NSR
» Operator targeting toll-treatment mining
from royalty-linked Tim’s Find deposit
» Royalty linked resource 120Koz @ 2.3g/t Au
» PFS for larger 500Ktpa CIL operation
completed in July-2020
Pre-Production
Australia, Gold
A$0.73/gram gold ore milled
» Part of Higginsville 2020/2021 mine plan
» Royalty covers three deposits: Hidden Secret
(19Koz @ 2.3g/t), Mousehollow (22Koz @
1.6g/t) and Paleochannels (116Koz @ 2.2g/t)
» RNC planning 45k – 50km drilling in 2020
Development
$2M - $4M pa revenue potential $250k - $500k pa revenue potential $250k - $500k pa revenue potential
15. 15
WHY VOX?
OPPORTUNITY TO PARTICIPATE IN EXPONENTIAL GROWTH – THE TIP OF THE ICEBERG
Unmatched team of experts
building the business since 2014
» Management team collectively has >30
years royalty & streaming experience
across >$1.5B of global transactions
» Management holds ~15% of share register,
all investment decisions made as owners
Critical Mass Achieved with
Significant deal pipeline
» Extensive proprietary database provides
Vox with access to over 7,000 royalties
» Current growth pipeline is largest in Vox’s
history
Industry-leading transactional
growth acquiring quality royalties
at disciplined prices
» Technically-focussed management team
(2 geologists, 1 mining engineer) fixated
on risk-adjusted returns
Vox offers attractive valuation
with tangible near term catalysts
» Vox expects to continue to close
significant, highly accretive royalty
transactions in 2020 and beyond
» Significant Cash Flow and Producing
Asset Growth
» Portfolio of 42 royalties & streams have
numerous organic near-term
development catalysts to re-rate value
May-2020 TSX-V listing provided
catalyst for known royalty sellers
who want VOX listed stock
» Deep pipeline where royalty sellers have
expressed interest to take stock in a
high growth established royalty company
» Unique value proposition to sellers of
existing portfolios
» Most significant growth expected over
the next twelve months
WHY VOX? WHY NOW?
17. 17
FULL PORTFOLIO
ALL ROYALTY AND STREAMING INTERESTS
Asset Interest Commodity Stage Jurisdiction Operator
Koolyanobbing 2.0% FOB revenue Iron Ore Producing Australia Mineral Resources Ltd
Pedra Branca 1.0% net smelter royalty
Nickel, Copper, Cobalt, PGM’s,
Chrome
Exploration
(PEA 2018)
Brazil ValOre Metals
Bowdens 0.85% gross revenue royalty Silver-lead-zinc Development Australia Silver Mines Limited
Graphmada
2.5% gross sales royalty
(A$5M or Jan-2029 cap)
Graphite Producing Madagascar Bass Metals
Segilola 1.5% net smelter royalty (US$3.5M cap) Gold Construction Nigeria Thor Exploration Ltd
Dry Creek A$0.73/g gold ore milled1 Gold Development Australia RNC Minerals
Torrecillas
2.0% net smelter royalty
& settlement payments
Gold
Exploration
(past producer)
Peru Titan Minerals
Mt Ida
1.5% net smelter royalty
(>10Koz gold production)
Gold Pre-production Australia Alt Resources
Ashburton 1.75% gross revenue royalty (>250koz) Gold
Exploration
(toll-treatment potential)
Australia
Northern Star Resources
(Kalamazoo Resources
acquiring project)
Yellow Giant
Stream on 100% of silver produced on first
6,667 oz monthly, then 50% of monthly
silver produced in excess
Silver
Development
(Care & Maintenance)
Canada
MCC Canadian Gold
Ventures
British King
1.5% NSR first 10,000oz;
5.25% stream after
Gold
Development
(Toll-treatment potential)
Australia BK Gold Mines
1) A$0.12/gram per tonne ore treated multiplied by (Spot Gold at Perth Mint / A$14.00), which equates to A$0.73/g gold ore milled
as at 25 May 2020
18. 18
FULL PORTFOLIO - CONTINUED
ALL ROYALTY AND STREAMING INTERESTS
Asset Interest Commodity Stage Jurisdiction Operator
Sulphur Springs
A$2/t ore production royalty
(A$3.7M royalty cap)
Copper-Zinc
Development
(Feasibility)
Australia Venturex Resources
Kangaroo Caves
A$2/t ore production royalty (40%
interest)
Copper-Zinc
Development
(Feasibility)
Australia Venturex Resources
Uley 1.5% GRR Graphite
Development
(Feasibility)
Australia Quantum Graphite
Merlin
0.75% gross revenue royalty
(>250koz)
Gold Exploration Australia Northern Star Resources
Anthiby Well 0.25% GRR Iron Ore Exploration Australia Hancock Prospecting
Forest Reefs 1.5% net smelter royalty Gold and Copper Exploration Australia Newcrest Mining
Barabolar
Surrounds
1.0% gross revenue royalty Silver-lead-zinc Exploration Australia Silver Mines Limited
Kookynie
(Consolidated Gold)
A$1/t ore production royalty
(with gold grade escalator1)
Gold Exploration Australia Metalicity Limited
Mt Moss 1.5% net smelter royalty
Base Metals
and Silver
Development
(Care & Maintenance)
Australia Curtain Bros Qld
Green Dam 2.0% net smelter royalty Gold Exploration Australia St Barbara
Holleton 1.0% net smelter royalty Gold Exploration Australia Ramelius Resources
Yalbra 0.75% gross revenue royalty Graphite Exploration Australia Buxton Resources
Yamarna A$7.50/oz discovery payment Gold Exploration Australia Gold Road Resources
Thaduna 1.0% NSR Copper Exploration Australia Sandfire Resources
1) $1 per tonne royalty for each ore reserve with a gold grade of at or less than 5 grams per Tonne, with a grade-linked escalator
above 5 grams per Tonne of (Grade – 5 x 0.5)
19. 19
FULL PORTFOLIO - CONTINUED
ALL ROYALTY AND STREAMING INTERESTS
Asset Interest Commodity Stage Jurisdiction Operator
West Kundana
Sliding scale 1.5% to 2.5% net
smelter royalty (based on gold
price1)
Gold Exploration Australia
Northern Star Resources and
Tribune Resources
Glen 0.2% FOB revenue Iron Ore Exploration Australia Sinosteel Midwest Corporation
Ptombeiras West 1.0% net smelter royalty Vanadium, Titanium, Iron Exploration Brazil Jangada Mines
Kelly Well
10% free carry (converts to 1% net
smelter royalty)
Gold Exploration Australia Dacian Gold
New Bore
10% free carry (converts to 1% net
smelter royalty)
Gold Exploration Australia Dacian Gold
Millrose 1% gross revenue royalty Gold Exploration Australia Jindalee Resources
Kookynie (Melita)
A$1/t ore production royalty
(>650Kt ore mined & treated)
Gold Exploration Australia Nex Metals Exploration
Montana Assets 1.5% net smelter royalty Copper, Gold Exploration USA Privately held
Mexican Assets 1% net smelter royalty Lead, Zinc, Silver Exploration Mexico Privately held
Greenbushes North 1% net smelter royalty Lithium Exploration Australia
SQM (Sociedad Quimica y
Minera de Chile)
Pilgangoora North 1% net smelter royalty Lithium Exploration Australia
SQM (Sociedad Quimica y
Minera de Chile)
Pilgangoora South 1% net smelter royalty Lithium Exploration Australia
SQM (Sociedad Quimica y
Minera de Chile)
1) If the gold price is less than or equal to A$450 per ounce, the royalty is 1.5% NSR, if the gold price is A$451 – A$500 per ounce,
then the royalty is calculated on a sliding scale between 1.5% – 2.5% NSR and if the gold price is greater than A$500 per ounce
then the royalty is equal to 2.5% NSR
20. 20
FULL PORTFOLIO - CONTINUED
ALL ROYALTY AND STREAMING INTERESTS
Asset Interest Commodity Stage Jurisdiction Operator
Bulong 1.0% net smelter royalty Gold
Exploration
(PFS expected Sep-2020)
Australia Black Cat Syndicate
Saxby 1.5% net smelter royalty Gold Exploration Australia Strategic Energy Resources
Alce 3% gross revenue royalty Base Metals Exploration Peru Titan Minerals
Las Antas 2% gross revenue royalty Base Metals Exploration Peru Titan Minerals
Volga 2% gross revenue royalty Copper
Exploration
(toll-treatment
potential)
Australia Novel Mining
21. TECHNICAL AND THIRD PARTY INFORMATION
TECHNICAL AND THIRD PARTY INFORMATION
THIS PRESENTATION INCLUDES MARKET, INDUSTRY AND ECONOMIC DATA WHICH WAS OBTAINED FROM VARIOUS PUBLICLY AVAILABLE SOURCES AND OTHER SOURCES BELIEVED BY THE
COMPANY TO BE TRUE. ALTHOUGH THE COMPANY BELIEVES IT TO BE RELIABLE, IT HAS INDEPENDENTLY VERIFIED ANY OF THE DATA FROM THIRD PARTY SOURCES REFERRED TO IN THIS
PRESENTATION, OR ANALYZED OR VERIFIED THE UNDERLYING REPORTS RELIED UPON OR REFERRED TO BY SUCH SOURCES, OR ASCERTAINED THE UNDERLYING ECONOMIC AND OTHER
ASSUMPTIONS RELIED UPON BY SUCH SOURCES. THE COMPANY BELIEVES THAT ITS MARKET, INDUSTRY AND ECONOMIC DATA IS ACCURATE AND THAT ITS ESTIMATES AND ASSUMPTIONS
ARE REASONABLE, BUT THERE CAN BE NO ASSURANCE AS TO THE ACCURACY OR COMPLETENESS THEREOF. THE ACCURACY AND COMPLETENESS OF THE MARKET, INDUSTRY AND
ECONOMIC DATA USED THROUGHOUT THIS PRESENTATION ARE NOT GUARANTEED AND SAILFISH DOES NOT MAKE ANY REPRESENTATION AS TO THE ACCURACY OR COMPLETENESS OF
SUCH INFORMATION.
IN ADDITION, THE DISCLOSURE IN THIS PRESENTATION RELATING TO PROPERTIES AND OPERATIONS ON THE PROPERTIES IN WHICH THE COMPANY HOLDS (OR MAY ACQUIRE) ROYALTY,
STREAM OR OTHER INTERESTS IS BASED ON INFORMATION PUBLICLY DISCLOSED BY THE OWNERS OR OPERATORS OF THESE PROPERTIES, INCLUDING BY MINERAL RESOURCES LIMITED
(“MINERAL RESOURCES") WITH RESPECT TO THE KOOLYANOBBING PROPERTY, BY VALORE METALS CORP (“VALORE METALS") WITH RESPECT TO THE PEDRA BRANCA PROPERTY, BY SILVER
MINES LIMITED (“SILVER MINES”) WITH RESPECT TO THE BOWDENS PROPERTY AND INFORMATION/DATA AVAILABLE IN THE PUBLIC DOMAIN AS AT THE DATE HEREOF. NONE OF THIS
INFORMATION HAS BEEN INDEPENDENTLY VERIFIED BY THE COMPANY. SPECIFICALLY, AS A ROYALTY OR STREAM HOLDER (OR ACQUIRER), THE COMPANY HAS LIMITED, IF ANY, ACCESS TO
PROPERTIES INCLUDED IN ITS ASSET PORTFOLIO. ADDITIONALLY, THE COMPANY MAY FROM TIME TO TIME RECEIVE OPERATING INFORMATION FROM THE OWNERS AND OPERATORS OF
THE PROPERTIES, WHICH IT IS NOT PERMITTED TO DISCLOSE TO THE PUBLIC. THE COMPANY IS DEPENDENT ON, (I) THE OPERATORS OF THE PROPERTIES AND THEIR QUALIFIED PERSONS
TO PROVIDE INFORMATION TO THE COMPANY, OR (II) ON PUBLICLY AVAILABLE INFORMATION TO PREPARE DISCLOSURE PERTAINING TO PROPERTIES AND OPERATIONS ON THE
PROPERTIES ON WHICH THE COMPANY HOLDS ROYALTY OR OTHER INTERESTS, AND GENERALLY HAS LIMITED OR NO ABILITY TO INDEPENDENTLY VERIFY SUCH INFORMATION. ALTHOUGH
THE COMPANY DOES NOT HAVE ANY KNOWLEDGE THAT SUCH INFORMATION MAY NOT BE ACCURATE, THERE CAN BE NO ASSURANCE THAT SUCH THIRD PARTY INFORMATION IS COMPLETE
OR ACCURATE. SOME INFORMATION PUBLICLY REPORTED BY OPERATORS MAY RELATE TO A LARGER PROPERTY THAN THE AREA COVERED BY THE COMPANY’S ROYALTY OR OTHER
INTEREST. THE COMPANY’S ROYALTY OR OTHER INTERESTS MAY COVER LESS THAN 100% AND SOMETIMES ONLY A PORTION OF THE PUBLICLY REPORTED MINERAL RESERVES, MINERAL
RESOURCES AND PRODUCTION.
ADDITIONAL INFORMATION ON THE KOOLYANOBBING PROPERTY IS AVAILABLE IN MINERAL RESOURCES LIMITED’S ASX ANNOUNCEMENTS DATED NOVEMBER 20, 2019 (“MINERAL
RESOURCE STATEMENT – KOOLYANOBBING, MT DIMER & PARKER RANGE” AND “YILGARN – ORE RESERVE STATEMENT”) AND MINERAL RESOURCES LIMITED’S ASX ANNOUNCEMENT DATED
FEBRUARY 25, 2020 (“JP MORGAN HIGH YIELD CONFERENCE - PRESENTATION”) AND IN SUCH OTHER DOCUMENTS AS MAY BE REFERENCED HEREIN.
ADDITIONAL INFORMATION ON THE PEDRA BRANCA PROPERTY IS AVAILABLE IN THE “PEDRA BRANCA PROJECT MAY 2019 RESOURCE ESTIMATE TECHNICAL REPORT” AUTHORED BY
SUSAN LOMAS, P. GEO, AND ALI SHAHKAR, P. ENG. OF LIONS GATE GEOLOGICAL CONSULTING INC. AND BERT HULS, P. ENG, OF HULS CONSULTING INC. WITH AN EFFECTIVE DATE OF
MAY 28, 2019 AND IN SUCH OTHER DOCUMENTS AS MAY BE REFERENCED HEREIN.
ADDITIONAL INFORMATION ON THE BOWDENS PROPERTY IS AVAILABLE IN ASX ANNOUNCEMENT DATED JUNE 14, 2018 (FEASIBILITY STUDY – BOWDENS SILVER PROJECT) AND SILVER
MINES’ ASX ANNOUNCEMENT DATED MAY 30, 2018 (MAIDEN ORE RESERVE – BOWDENS SILVER PROJECT) AND IN SUCH OTHER DOCUMENTS AS MAY BE REFERENCED HEREIN.
NOTE THAT THE COMPANY IS TREATING THE BOWDENS FEASIBILITY STUDY AND THE MINERAL RESOURCE AND RESERVE ESTIMATES THEREIN AS HISTORICAL IN NATURE AND NOTES THAT
A QUALIFIED PERSON HAS NOT DONE SUFFICIENT WORK TO CLASSIFY THE HISTORICAL ESTIMATES AS CURRENT MINERAL RESOURCES OR CURRENT MINERAL RESERVES. THE COMPANY IS
DISCLOSING THE BOWDENS FEASIBILITY STUDY AND THE ESTIMATES CONTAINED THEREIN FOR ILLUSTRATIVE PURPOSES, AS THE COMPANY BELIEVES IT PROVIDES READERS WITH
RELEVANT INFORMATION REGARDING THE BOWDENS PROJECT. THERE ARE NUMEROUS UNCERTAINTIES INHERENT IN THE HISTORICAL RESOURCE AND RESERVE ESTIMATES, WHICH ARE
SUBJECT TO ALL OF THE ASSUMPTIONS, PARAMETERS AND METHODS USED TO PREPARE SUCH HISTORICAL ESTIMATES.
MINERAL RESOURCES THAT ARE NOT MINERAL RESERVES DO NOT HAVE DEMONSTRATED ECONOMIC VIABILITY. MINERAL RESOURCE ESTIMATES DO NOT ACCOUNT FOR MINEABILITY,
SELECTIVITY, MINING LOSS AND DILUTION. THESE MINERAL RESOURCE ESTIMATES INCLUDE INFERRED MINERAL RESOURCES THAT ARE CONSIDERED TOO SPECULATIVE GEOLOGICALLY
TO HAVE ECONOMIC CONSIDERATIONS APPLIED TO THEM THAT WOULD ENABLE THEM TO BE CATEGORIZED AS MINERAL RESERVES. HOWEVER, IT IS REASONABLY EXPECTED THAT THE
MAJORITY OF INFERRED MINERAL RESOURCES COULD BE UPGRADED TO INDICATED MINERAL RESOURCES WITH CONTINUED EXPLORATION.
QUALIFIED PERSON
TIMOTHY J. STRONG, MIMMM, OF KANGARI CONSULTING LIMITED AND A QUALIFIED PERSON UNDER NATIONAL INSTRUMENT 43-101 – STANDARDS OF DISCLOSURE FOR MINERAL PROJECTS, HAS REVIEWED AND
APPROVED THE SCIENTIFIC AND TECHNICAL DISCLOSURE CONTAINED IN THIS PRESENTATION.
21
22. Strathvale House,
90 North Church St
Grand Cayman
Cayman Islands
KY1-1201
+1345 926 4209
info@voxroyalty.com
www.voxroyalty.com