Vox Royalty Corp. shares rise 5.16% intraday after acquiring Wyloo North Iron Ore Royalty in Western Australia.

Vox Royalty Corp. rose 5.16% intraday, with the company executing a binding agreement to acquire the Wyloo North Iron Ore Royalty in the Pilbara Region of Western Australia for AUD 1.5 million. The Royalty is a 1.5% Gross Revenue Royalty payable on the first 15 million tonnes of iron ore production from the Wyloo North deposit, which forms part of Fortescue’s Greater Western Hub.