M&A / Property
Silver Crown Royalties Grows Portfolio Through Titiminas Royalty Acquisitions

SCRI · Price
Executive Summary
- Silver Crown Royalties Inc. has entered into a definitive agreement to acquire two existing 1% net smelter return (NSR) royalties on Titiminas Silver Inc.’s Madre Sierra deposit in Peru.
- The transaction carries a total cash consideration of up to US$8,000,000, structured as US$6,000,000 payable at closing plus US$1,000,000 per royalty holder upon receipt of the first royalty payment.
- Closing is targeted for on or before June 30, 2026, subject to customary conditions and title registration. The acquisition is accretive to net asset value and is expected to contribute approximately 60,000 silver ounces annually within two years.
Key Details
- Transaction Structure: Definitive royalty purchase agreement for two privately held 1% NSR royalties on the Madre Sierra Project in Jauja, Peru.
- Consideration: US$6,000,000 payable at closing; additional US$1,000,000 payable in cash to each royalty holder upon Silver Crown’s receipt of the first payment under such royalty (total cash consideration up to US$8,000,000).
- Closing Timeline: Expected on or before June 30, 2026.
- Conditions Precedent: Customary conditions and registration of the royalties on title to the Project.
- Production & Revenue Outlook: Past-producing mine targeting small-scale (70-100 tpd) production in Q4 2026, with target process rates of 1,000-1,100 tpd in 18-24 months. Anticipated revenue contribution of ~60,000 silver ounces annually within two years.
- Funding: Silver Crown has over C$15 million in cash and silver bullion immediately available to fund the transaction.
- Strategic Impact: Represents Silver Crown’s first acquisition of a pre-existing royalty at 75% of silver value (at recent market prices), aligning with its “pure silver” strategy and accretive to net asset value and per share metrics.
Notable Quotes
- Peter Bures, CEO: “This transaction marks our first acquisition of a pre-existing royalty, at 75% of silver value (at recent market prices), the Royalties fit our ‘pure silver’ approach. Having visited the site in May, we believe these royalties will have a transformative effect on SCRi with the potential to add over 60,000 ounces per annum within the next two years. Silver Crown will continue to work with Titiminas Silver to further support development at the Madre Sierra project”
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Jul 02, 2026 · 03:00