Silver Crown Royalties Announces Updates to Non-Brokered Private Placement
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Editorial Team
Rundes Icon von GOLDINVEST - Das Investor-Magazin für Rohstoff-News und Rohstoff-Aktien
Editorial Team

TORONTO, ON, FEBRUARY 18, 2025 – Silver Crown Royalties Inc. (“Silver Crown”, “SCRi”, or the “Company”) is pleased to provide an update on its non-brokered offering (the “Offering”) of units (“Units”) with gross proceeds of up to C$3,000,000, which was previously announced on February 6, 2025.

The Company is amending the terms of the Offering such that each Unit will be offered at a price of C$6.50 (the “New Offering”) and will now issue up to 461,538 Units for gross proceeds of C$3,000,000. Each new Unit will consist of one common share (“Common Share”) and one warrant to purchase common shares (“Warrant”). Each Warrant can be exercised to acquire one (1) additional new common share at an exercise price of C$13.00 within a period of three years from the closing of the New Offering (the “Expiry Date”).

The proceeds from the New Offering will be used by SCRi to finance the second tranche of the acquisition of silver royalties on the Igor 4 project in Peru, as well as for general and administrative expenses. All securities issued under the New Offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation. The closing of the New Offering is subject to certain conditions including, but not limited to, the prior approval of Cboe Canada Inc.

Peter Bures, Chief Executive Officer of Silver Crown, commented: “During the financing, we have received considerable interest under the amended terms. We continue to build the booklet and expect it to be fully subscribed in a timely manner. The additional funds will enable us to complete the second tranche of the PPX license transaction and bolster our balance sheet for further smaller transactions.”

ABOUT SILVER CROWN ROYALTIES INC.

Founded by industry veterans, SCRi is a publicly traded silver royalty company. SCRi currently has four silver royalties, three of which are generating revenue. The Company’s business model provides investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impacts of cost inflation associated with production. SCRi aims to minimize the economic impact on mining projects while maximizing returns for shareholders.

For further information, please contact:
Silver Crown Royalties Inc.
Peter Bures Chairman and CEO
Phone: (416) 481-1744
Email: pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS
This press release contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information are generally identifiable by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plan” or similar terminology. The forward-looking information contained herein is intended to help readers understand the current expectations and plans of management regarding the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to: The proceeds from the Offering will be used to finance the second tranche in the following amount

All securities issued under the offering are subject to a statutory hold period of four months plus one day from the date of issuance under applicable securities laws; the closing of the offering is subject to customary conditions precedent, including prior approval by Cboe. “We continue to build the book and expect it to be fully subscribed in due course. The additional funds will allow us to complete the second tranche of the PPX license transaction and bolster our balance sheet for further minor transactions.” Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to differ materially from those expressed or implied in such forward-looking information, including but not limited to: the impact of general business and economic conditions; control over the mining operations from which SCRi purchases gold and other metals or receives royalties, and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operation, actual results of current mining and exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; problems inherent in the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax laws or enacting new tax laws adverse to SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi’s business, operations and financial condition, as well as those of its customers, suppliers and other business partners, and the loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements; there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi is under no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.

This document does not constitute an offer to sell or a solicitation of an offer to buy securities of the company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

CBOE CANADA ACCEPTS NO RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

The original language (usually English) in which the original text is published is the official, authorized and legally valid version. This translation is provided for better understanding. The German version may be shortened or summarized. No responsibility or liability is assumed for the content, correctness, appropriateness or accuracy of this translation. From the translator’s point of view, the message does not constitute a buy or sell recommendation! Please note the English original message at www.sedarplus.ca, www.sec.gov, www.asx.com.au/ or on the company website!

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