Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) 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 a price of $14.00 per share, representing a 5% premium to the closing price on April 10, 2026. The company expects to close the offering on or about April 17, 2026, subject to customary closing conditions and regulatory approvals. No finder's fees are payable.
Peter Bures, President and CEO, commented: "We are excited to announce this fully allocated minimally dilutive equity financing at a premium to market. The proceeds will fully finance our pipeline of growth opportunities to our unaffected share price." He added that the endorsement by sophisticated mining investors strongly supports the view that shares remain significantly undervalued in the current precious metals bull market. Combined with nearly C$10 million cash in hand, the proceeds will fully finance the company's growth pipeline.
Silver Crown Royalties is a publicly traded silver royalty company focused on generating free cash flow. It currently holds five silver royalties, offering investors exposure to precious metals as a hedge against currency devaluation and production cost inflation. The company aims to minimize economic burden on mining projects while maximizing shareholder returns.
This private placement underscores investor confidence in Silver Crown's strategy during a period of strong precious metals prices. The premium pricing indicates strong demand from strategic investors, which may signal further growth. The additional capital positions the company to pursue new royalty acquisitions without diluting existing shareholders significantly.
Forward-looking statements in the release highlight expectations for closing and use of proceeds, but actual results may differ due to risks including general economic conditions, mining operations risks, and commodity price fluctuations. The company undertakes no obligation to update forward-looking information except as required by law.
For more information, contact Silver Crown Royalties Inc. at (416) 481-1744 or visit the company's website. This announcement does not constitute an offer to sell securities in any jurisdiction.
