Vox Royalty Corp. Faces Legal Challenge Over Red Hill Royalty Acquisition

Vox Royalty Corp., headquartered in Denver, has been named as a second defendant by its subsidiary, Vox Royalty Australia Pty Ltd. The company received a Writ of Summons and Statement of Claim from the Supreme Court of Western Australia. The legal action involves the acquisition of the Red Hill royalty, a segment of a larger portfolio transaction completed in September 2023.

The plaintiff asserts that Vox Australia's acquisition violated a right of first refusal held by the plaintiff, alleging a breach of contractual obligations by the first defendant. The plaintiff seeks either declaratory relief or damages. Vox, however, maintains that the right of first refusal is not applicable in this case and intends to robustly defend its position.