Silver Crown Royalties Inc [SCRi] announce its interim financial statements and MD&A for the first quarter ended March 31, 2025. In the first quarter SCRi recorded revenue based on 6,703 silver ounces (C$304,408). These compares favorably to the prior quarter ended December 31, 2024 of 5,350 ounces (and last year’s first quarter ended March 31st, 2024 of 2,350 ounces (C$74,425).
Peter Bures, Silver Crown’s Chief Executive Officer, commented, “We continue to be pleased with our revenue growth trajectory and believe this to be sustainable into 2026 with our robust pipeline.” The Company also announces that it has engaged Altitude Capital Partners Inc (Altitude) to provide capital markets advisory, investor relations and shareholder communications services in Canada.
The terms of the consulting agreement with Altitude provide for up to a one-year term, provides for a fixed fee of C$15,000 per month payable by Silver Crown to Altitude for services rendered pursuant to the terms of the Agreement, with $5,000 payable in cash and $10,000 payable in common shares in the capital of Silver Crown during the first six months of the Agreement.
Additionally, Silver Crown has engaged Independent Trading Group (ITG), as market maker pursuant to a market making services agreement to ensure an orderly trading market for the Company’s securities listed on Cboe. ITG will be paid a monthly cash fee of $6,500 by the Company in exchange for the provision of such services. Either ITG or the Company may terminate the MMS Agreement on 30 days written notice.
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