Silver Crown Royalties Inc. has announced a fully allocated non-brokered private placement of common shares for gross proceeds of approximately C$4,500,000. The offering consists of 321,429 common shares issued to strategic investors at $14.00 per share, representing a 5% premium to the closing price on the Cboe Canada Exchange on April 10, 2026. The transaction is expected to close on or about April 17, 2026, subject to customary closing conditions and regulatory approvals. Shares issued under the offering will be subject to a statutory hold period of four months and one day from the date of issuance, with no finder's fees payable by the corporation.
Peter Bures, President and Chief Executive Officer of Silver Crown Royalties, stated that the financing represents a significant endorsement from sophisticated mining investors. This endorsement by sophisticated mining investors strongly supports our view that our shares remain significantly undervalued in this unprecedented precious metals bull market, Bures said. He emphasized that the proceeds, combined with the company's existing C$10 million cash position, will fully finance the corporation's pipeline of growth opportunities. The company's business model offers investors exposure to precious metals while providing a natural hedge against currency devaluation and mitigating production-related cost inflation.
Silver Crown currently holds five silver royalties and focuses on generating free cash flow while minimizing economic burdens on mining projects. Additional information about the company can be found at https://www.newmediawire.com. The announcement comes with forward-looking statements that caution readers about various risks and uncertainties, including market conditions, regulatory changes, and operational challenges. The company notes that actual results may differ materially from forward-looking statements due to factors such as fluctuations in commodity prices, foreign exchange rates, and potential impacts of public health crises on business operations.
