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Silver Crown Royalties Closes C$4.5 Million Private Placement
TORONTO, ON — April 16, 2026 — Leads & Copy — Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX:SLCRF, BF: QS0) has closed a C$4,500,000 non-brokered private placement of common shares.
The Offering involved the issuance of 321,429 common shares at a price of C$14.00 per share to two investors, including Michael Gentile, who subscribed for 219,150 common shares.
No finder’s fees were paid by Silver Crown in connection with the Offering.
Following the completion of the Offering, Silver Crown has 5,366,550 issued and outstanding Common Shares and a cash position of approximately C$14.2 million, inclusive of the current market value of 15,000 ounces of silver bullion.
The proceeds from the Offering will be allocated primarily toward specific accretive silver royalties the Company has identified. The Common Shares issued are subject to a statutory hold period of four months plus a day.
Gentile has filed an Early Warning Report in connection with its acquisition of Common Shares. Prior to the completion of the Offering, Gentile owned 437,500 Common Shares, 424,500 Warrants and 50,000 stock options, representing approximately 9.89% of the issued and outstanding Common Shares on an undiluted basis and 16.52% on a partially diluted basis. Following completion of the Offering, Gentile owned 656,650 Common Shares, 424,500 Warrants and 50,000 stock options, representing approximately 12.15% of the issued and outstanding Common Shares on an undiluted basis and 19.36% on a partially diluted basis. The Common Shares were acquired for investment purposes. Copies of the Early Warning Report will appear on the Company's profile at www.sedarplus.ca.
Peter Bures, Chief Executive Officer, stated the company is very pleased with the premium-to-market financing that saw Mr. Gentile increase his partially diluted interest in Silver Crown to just under 20%. He added that it is a very strong vote of confidence in the company and that their cash position allows them to continue to pursue transactions and aggressively grow the Company.
Silver Crown Royalties is a publicly traded silver royalty company dedicated to generating free cash flow. It currently holds five silver royalties, offering investors exposure to precious metals and a hedge against currency devaluation, while mitigating the effects of production-related cost inflation.
This news release does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons absent registration or an exemption from registration requirements.
Source: Silver Crown Royalties Inc.