Silver Crown Royalties Announces Closing of First Tranche of its Non-Brokered Private Placement
(TheNewswire)
TORONTO, ON – TheNewswire - June 24, 2025 –Silver Crown Royalties Inc. (“Silver Crown”,“SCRi”, the “Corporation”, or the “Company”)(Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) is pleased toannounce that the Company has successfully closed the first tranche(“First Tranche”) of its non-brokered offering of units of the Company(“Units”) for gross proceeds of up to $2,000,000 that waspreviously announced on May 20, 2025 (the “Offering”). TheCompany issued 102,838 Units at a price of C$6.50 per Unit pursuant tothe First Tranche for gross proceeds of approximatelyC$668,447.
Each Unit consists of one common share (“Common Share”) andone Common Share purchase warrant (“Warrant”), witheach Warrant exercisable to acquire one additional Common Share at anexercise price of C$13.00 for a period of three years from the datehereof.
The proceeds from the First Tranche will be used tofund the Company’s silver royalty acquisition on the Igor 4 projectin Peru, as well as general and administrative expenses. Allsecurities issued are subject to a statutory hold period of fourmonths plus one day from the date of issuance, in accordance withapplicable securities legislation. The closingwas subject to customary conditions, including the approval of CboeCanada Inc.
The Company is also pleased to announce it is extendingthe closing of an additional tranche of the Offering to July 11,2025.
ABOUT SILVER CROWN ROYALTIESINC.
Founded by industry veterans, Silver Crown Royalties(Cboe:SCRI | OTCQX: SLCRF | BF: QS0) is a publiclytraded, silver royalty company. Silver Crown (SCRi) currently has foursilver royalties of which three are revenue-generating. Its businessmodel presents investors with precious metals exposure that allows fora natural hedge against currency devaluation while minimizing thenegative impact of cost inflation associated with production. SCRiendeavors to minimize the economic impact on mining projects whilemaximizing returns for shareholders. Forfurther information, please contact:
Silver Crown Royalties Inc.
Peter Bures, Chairman and CEO
Telephone: (416) 481-1744
Email: pbures@silvercrownroyalties.com
FORWARD-LOOKING STATEMENTS
This release contains certain “forward lookingstatements” and certain “forward-looking information” as definedunder applicable Canadian and U.S. securities laws. Forward-lookingstatements and information can generally be identified by the use offorward-looking terminology such as “may”, “will”,“should”, “expect”, “intend”, “estimate”,“anticipate”, “believe”, “continue”, “plans” orsimilar terminology. The forward-looking information contained hereinis provided for the purpose of assisting readers in understandingmanagement’s current expectations and plans relating to the future.Readers are cautioned that such information may not be appropriate forother purposes. Forward-looking statements and information include,but are not limited to, the proceeds from the First Tranche will beused to fund the Company’s silver royalty acquisition on the Igor 4project in Peru, as well as general and administrative expenses.Forward-looking statements and information are based on forecasts offuture results, estimates of amounts not yet determinable andassumptions that, while believed by management to be reasonable, areinherently subject to significant business, economic and competitiveuncertainties and contingencies. Forward-looking information issubject to known and unknown risks, uncertainties and other factorsthat may cause the actual actions, events or results to be materiallydifferent from those expressed or implied by such forward-lookinginformation, including but not limited to: the impact of generalbusiness and economic conditions; the absence of control over miningoperations from which SCRi will purchase gold and other metals or fromwhich it will receive royalty payments and risks related to thosemining operations, including risks related to internationaloperations, government and environmental regulation, delays in mineconstruction and operations, actual results of mining and currentexploration activities, conclusions of economic evaluations andchanges in project parameters as plans continue to be refined;accidents, equipment breakdowns, title matters, labor disputes orother unanticipated difficulties or interruptions in operations;SCRi’s ability to enter into definitive agreements and closeproposed royalty transactions; the inherent uncertainties related tothe valuations ascribed by SCRi to its royalty interests; problemsinherent to the marketability of gold and other metals; the inherentuncertainty of production and cost estimates and the potential forunexpected costs and expenses; industry conditions, includingfluctuations in the price of the primary commodities mined at suchoperations, fluctuations in foreign exchange rates and fluctuations ininterest rates; government entities interpreting existing taxlegislation or enacting new tax legislation in a way which adverselyaffects SCRi; stock market volatility; regulatory restrictions;liability, competition, the potential impact of epidemics, pandemicsor other public health crises on SCRi’s business, operations andfinancial condition, loss of key employees. SCRi has attempted toidentify important factors that could cause actual results to differmaterially from those contained in forward-looking statements, theremay be other factors that cause results not to be as anticipated,estimated or intended. There can be no assurance that such statementswill prove to be accurate, as actual results and future events coulddiffer materially from those anticipated in such statements.Accordingly, readers are advised not to placeundue reliance on forward-looking statements or information. SCRiundertakes no obligation to update forward-looking information exceptas required by applicable law. Such forward-looking informationrepresents management's best judgment based on information currentlyavailable.
This document does not constitute an offer to sell, ora solicitation of an offer to buy, securities of the Company inCanada, the United States or any other jurisdiction. Any such offer tosell or solicitation of an offer to buy the securities describedherein will be made only pursuant to subscription documentationbetween the Company and prospective purchasers. Any such offering willbe made in reliance upon exemptions from the prospectus andregistration requirements under applicable securities laws, pursuantto a subscription agreement to be entered into by the Company andprospective investors. There can be no assurance that forward-lookingstatements will prove to be accurate, as actual results and futureevents could differ materially from those anticipated in suchstatements. Accordingly, the reader is cautioned not to place unduereliance on forward-looking statements.
CBOE CANADA DOES NOT ACCEPTRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWSRELEASE.
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