Silver Crown Royalties Announces Closing of Oversubscribed $3.3M Brokered Life Offering Led by Centurion One Capital

Executive Summary

• Silver Crown Royalties Inc. closed an upsized financing of 599,064 units at $5.50 per unit, generating gross proceeds of $3,294,852.
• The offering included the exercise of the over‑allotment option and was led by Centurion One Capital Corp. as sole bookrunner.
• Net proceeds will be used to finalize PPX and EDM Resources royalty transactions, fund new silver royalty acquisitions, due‑diligence activities, processing facilities, and related administrative expenses.

Key Details

• Units sold: 599,064 (including over‑allotment).
• Issue price: $5.50 per unit.
• Aggregate gross proceeds: $3,294,852.00.
• Lead agent/bookrunner: Centurion One Capital Corp. (sole bookrunner).
• Unit composition: 1 common share + 1 common‑share purchase warrant.
• Warrant terms: Exercise price $8.25; term 36 months from closing; acceleration right if VWAP > $11.00 for any 30‑day period, with new expiry 30 days after notice of exercise.
• Broker warrants issued: 47,925 broker warrants, each allowing purchase of one unit at the issue price for three years from the closing date.
• Cash commission paid: $263,588.16.
• Use of proceeds:
• Finalize remaining PPX and EDM Resources royalty transactions.
• Acquire additional silver royalty opportunities and fund related due‑diligence.
• Support processing facility projects and other growth initiatives in a strong silver market.
• Cover administrative expenses tied to portfolio expansion.

Notable Quotes

• Peter Bures, Executive Chairman & CEO: “Silver Crown Royalties is very pleased to close this oversubscribed financing. Investor demand surpassed our initial target, enabling us to increase the size of this offering. This new capital will allow us to secure new royalties, deliver shareholder value and continue to grow our portfolio.”