24.8 C
New York
Friday, August 29, 2025
spot_img

Silver Crown Royalties Completes Final Tranche of Non-Brokered Private Placement — TradingView News – goldsilverpress

TORONTO, ON – July 14, 2025 – Silver Crown Royalties Inc. (Cboe: SCRI; OTCQX: SLCRF; FRA: QS0) has successfully completed the final tranche of its non-brokered offering of units, a significant milestone for the company. This announcement, made on July 14, 2025, marks a pivotal moment in Silver Crown’s ongoing efforts to expand its operations and enhance shareholder value.

Successful Closing of the Final Tranche

On July 14, Silver Crown announced the issuance of 132,693 Units at a price of C$6.50 per Unit, resulting in gross proceeds of approximately C$862,505.50. This final tranche contributes to a cumulative total of 235,531 Units issued under the offering, generating gross proceeds of C$1,530,951.50. Each unit consists of one common share and one common share purchase warrant, with each warrant allowing the holder to acquire an additional common share at an exercise price of C$13.00 for a period of three years from the closing date.

The proceeds from this final tranche will primarily fund Silver Crown’s silver royalty acquisition on the Igor 4 project in Peru, alongside covering general and administrative expenses. All securities issued are subject to a statutory hold period of four months plus one day from the date of issuance, in compliance with applicable securities legislation. The closing was contingent on customary conditions, including the approval of Cboe Canada Inc.

About Silver Crown Royalties Inc.

Founded by industry veterans, Silver Crown Royalties Inc. is a publicly traded silver royalty company that aims to provide investors with exposure to precious metals while minimizing the economic impact on mining projects. Currently, Silver Crown holds four silver royalties, three of which are revenue-generating. The company’s business model serves as a natural hedge against currency devaluation and mitigates the adverse effects of cost inflation associated with production.

Silver Crown’s strategic approach focuses on maximizing returns for shareholders while minimizing risks associated with mining operations. By acquiring royalties rather than directly engaging in mining, the company seeks to reduce operational complexities and enhance financial stability.

Forward-Looking Statements

As with any investment, potential investors should be aware of the inherent risks associated with forward-looking statements. Silver Crown’s release includes certain forward-looking statements and information, which are subject to significant uncertainties and contingencies. These statements are intended to assist readers in understanding management’s current expectations and plans for the future.

Investors are cautioned that actual results may differ materially from those expressed or implied in these forward-looking statements. Factors such as general business conditions, fluctuations in commodity prices, and regulatory changes can significantly impact the company’s performance. Silver Crown undertakes no obligation to update forward-looking information except as required by applicable law.

Contact Information

For further inquiries, interested parties can reach out to:

Silver Crown Royalties Inc.
Peter Bures, Chairman and CEO
Telephone: (416) 481-1744
Email: [email protected]

Conclusion

Silver Crown Royalties Inc.’s successful closing of the final tranche of its non-brokered offering marks a significant step forward in its growth strategy. With a focus on silver royalty acquisitions and a commitment to maximizing shareholder returns, Silver Crown is well-positioned to navigate the complexities of the mining industry while providing investors with valuable exposure to precious metals.

As the company continues to expand its portfolio and enhance its operational capabilities, stakeholders will be keenly watching its progress in the coming months.

Related Articles

spot_img

Latest Articles

bitcoin
Bitcoin (BTC) $ 108,347.03
ethereum
Ethereum (ETH) $ 4,358.96
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.81
bnb
BNB (BNB) $ 858.85
solana
Solana (SOL) $ 202.50
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 4,344.53
dogecoin
Dogecoin (DOGE) $ 0.212072
tron
TRON (TRX) $ 0.337411
cardano
Cardano (ADA) $ 0.823017
wrapped-steth
Wrapped stETH (WSTETH) $ 5,249.31
chainlink
Chainlink (LINK) $ 23.33
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,694.77
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 108,403.04
ethena-usde
Ethena USDe (USDE) $ 1.00
hyperliquid
Hyperliquid (HYPE) $ 44.42
wrapped-eeth
Wrapped eETH (WEETH) $ 4,660.47
sui
Sui (SUI) $ 3.25
stellar
Stellar (XLM) $ 0.35961
bitcoin-cash
Bitcoin Cash (BCH) $ 532.92
avalanche-2
Avalanche (AVAX) $ 23.48
hedera-hashgraph
Hedera (HBAR) $ 0.226341
weth
WETH (WETH) $ 4,354.76
crypto-com-chain
Cronos (CRO) $ 0.281597
leo-token
LEO Token (LEO) $ 9.49
litecoin
Litecoin (LTC) $ 109.75
usds
USDS (USDS) $ 1.00
the-open-network
Toncoin (TON) $ 3.06
shiba-inu
Shiba Inu (SHIB) $ 0.000012
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 42.13
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 108,125.97
uniswap
Uniswap (UNI) $ 9.59
polkadot
Polkadot (DOT) $ 3.77
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19
bitget-token
Bitget Token (BGB) $ 4.52
aave
Aave (AAVE) $ 317.42
monero
Monero (XMR) $ 260.32
dai
Dai (DAI) $ 1.00
ethena
Ethena (ENA) $ 0.641806
pepe
Pepe (PEPE) $ 0.00001
mantle
Mantle (MNT) $ 1.14
okb
OKB (OKB) $ 167.72
ethereum-classic
Ethereum Classic (ETC) $ 20.90
bittensor
Bittensor (TAO) $ 319.39
near
NEAR Protocol (NEAR) $ 2.42
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 248.08
aptos
Aptos (APT) $ 4.25
ondo-finance
Ondo (ONDO) $ 0.902414
en_USEnglish