TORONTO, ON, FEBRUARY 24, 2025 – Silver Crown Royalties Inc. (“Silver Crown”, “SCRi”, the “Company” or the “Enterprise”) is pleased to announce that it has engaged Investor Cubed Inc. (“Investor Cubed”) to provide investor relations and shareholder communication services in Canada. The terms of the consulting agreement with Investor Cubed (the “Agreement”) provide for a term of up to one year (terminable by SCRi after three months) and provide for a cash compensation of C$10,000 per month, payable by Silver Crown to Investor Cubed for the services rendered under the terms of the Agreement. Subject to approval by Cboe Canada Inc., Investor Cubed is also entitled to 25,000 common shares of Silver Crown, to be issued in equal quarterly installments over the one-year term, subject to the termination clause of the Agreement.
Neil Simon, CEO of Investor Cubed, stated: “Investor Cubed is excited to work with Silver Crown. We have been interested in silver and have been looking for an ideal way to benefit from the strong price movement and upward trend of the commodity. We believe that Silver Crown offers an ideal way to invest in silver without the risks associated with investing in silver mining companies. Silver Crown is capable of delivering strong results and increased growth for its shareholders.”
Silver Crown is also pleased to announce that it has successfully completed the first tranche of its previously announced non-brokered private placement. The company issued 67,538 units (“Units”) at a price of C$6.50 per unit, generating gross proceeds of approximately C$439,000. Each unit consists of one common share (“Common Share”) and one warrant to purchase common shares (“Warrant”), with each warrant entitling the holder to acquire an additional common share at an exercise price of C$13.00 within three years from the closing date. The proceeds from this tranche will be used to partially 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 issued securities are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities laws. The closing is subject to customary conditions, including approval by Cboe Canada Inc.
“We look forward to leveraging the experience and client base of Investor Cubed. We believe this will enhance our ability to connect Silver Crown Royalties with key Canadian investors,” said Peter Bures, CEO of Silver Crown Royalties. “Their expertise and the completion of the first tranche strengthen our financial position and serve to increase our presence in the Canadian investor community.”
ABOUT SILVER CROWN ROYALTIES INC.
SCRi, founded by industry veterans, 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 exposure to precious metals, allowing 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
Investor Cubed Inc. Neil Simon, CEO Phone: 647-258-3310
Email: nsimon@investor3.ca
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