Silver Crown Royalties Executes LOI with Kuya Silver for a Silver Royalty on the Bethania Silver Project

Silver Crown Royalties Executes LOI with Kuya Silver for a Silver Royalty on the Bethania Silver Project

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - June 19, 2025 Silver Crown Royalties Inc. (" Silver Crown ", " SCRi ", or the " Company ") (Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) is pleased to announce the signing of a Letter of Intent (" LOI ") with Kuya Silver Corp. (CSE: KUYA; OTCQB: KUYAF; FSE: 6MR1) (" Kuya " or " Kuya Silver ") to acquire a 4.5% royalty on silver produced from Kuya's Bethania Silver Mine in Huancavelica, Central Peru.

 

  The Bethania Silver Mine, which resumed production in May 2024, includes the Bethania Mine and Carmelitas property and is accessible year-round via a 4-hour drive from Huancayo. The Bethania Silver Mine was previously operational until 2016.  

 

  Under the terms of the LOI, Silver Crown will acquire the royalty for US$3,000,000 in cash   and US$2,000,000 in Silver Crown units at C$6.50 per unit (the "   Units   ") or the 5-day volume-weighted average price (VWAP) of SCRi's common shares (the "   Common Shares   ") prior to closing. Each Unit will consist of one Common Share and one-half of a warrant, with each whole warrant exercisable at C$13.00 per Common Share for a period of three years.  

 

  SCRi will receive: (i) 4,500 ounces of silver per quarter for the first four (4) quarters, (ii) 9,000 ounces per quarter for quarters five (5) through eight (8), and (iii) 12,375 ounces per quarter for quarters nine (9) through 40. After delivering 475,000 ounces, the royalty will reduce to 1% for the mine's remaining life.  

 

  Peter Bures, Silver Crown's Chairman and Chief Executive Officer, commented, "We are excited to initiate a partnership with Kuya Silver that can potentially translate to a materially impactful increase to SCRi's silver revenue profile paving a way from 78,000 to over 128,000 annual silver ounces."  

 

  ABOUT Silver Crown Royalties INC.  

 

  Founded by industry veterans, Silver Crown Royalties (   Cboe:   SCRI |   OTCQX:   SLCRF |   BF:   QS0   ) is a publicly traded, silver royalty company. Silver Crown (SCRi) currently has four silver royalties of which three are revenue-generating. Its business model presents investors with precious metals exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. SCRi endeavors to minimize the economic impact on mining projects while maximizing returns for shareholders.   For further information, please contact:  

 

  Silver Crown Royalties Inc.  

 

  Peter Bures, Chairman and CEO  

 

  Telephone: (416) 481-1744  

 

  Email:   pbures@silvercrownroyalties.com  

 

  FORWARD-LOOKING STATEMENTS  

 

  This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian and U.S. securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Forward-looking statements and information include, but are not limited to: the anticipated execution of a definitive agreement with Kuya Silver; expected silver deliveries under the proposed royalty; the potential for exploration bonuses; projected increases in SCRi's silver revenue profile; the successful completion of due diligence and regulatory approvals; the ability to finance the cash portion of the transaction; the future operational performance of the Bethania Silver Mine; and the realization of strategic and financial benefits from the proposed royalty acquisition.  

 

  Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the impact of general business and economic conditions; the absence of control over mining operations from which SCRi will purchase gold and other metals or from which it will receive royalty payments and risks related to those mining operations, including risks related to international operations, government and environmental regulation, delays in mine construction and operations, actual results of mining and current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined; accidents, equipment breakdowns, title matters, labor disputes or other unanticipated difficulties or interruptions in operations; SCRi's ability to enter into definitive agreements and close proposed royalty transactions; the inherent uncertainties related to the valuations ascribed by SCRi to its   royalty interests; problems inherent to the marketability of gold and other metals; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; industry conditions, including fluctuations in the price of the primary commodities mined at such operations, fluctuations in foreign exchange rates and fluctuations in interest rates; government entities interpreting existing tax legislation or enacting new tax legislation in a way which adversely affects SCRi; stock market volatility; regulatory restrictions; liability, competition, the potential impact of epidemics, pandemics or other public health crises on SCRi's business, operations and financial condition, loss of key employees. SCRi has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. SCRi undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available.  

 

  This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.  

 

  CBOE CANADA DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.  

 

 

 

Copyright (c) 2025 TheNewswire - All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

SCRI:CC
Silver Crown Royalties

Silver Crown Royalties Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Silver Crown Royalties

Silver Crown Royalties


Keep reading...Show less

Creating the world’s premier silver-only royalty company

Silver Crown Royalties Closes Final Tranche of its Non-Brokered Private Placement

Silver Crown Royalties Closes Final Tranche of its Non-Brokered Private Placement

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - July 14 2025 –Silver Crown Royalties Inc. ("Silver Crown", "SCRi", the "Corporation", or the "Company") (Cboe:SCRI,OTC:SLCRF; OTCQX:SLCRF; FRA:QS0) is pleased to announce that the Company has successfully closed the final tranche ("Final Tranche") of its non-brokered offering of units ("Units") that was previously announced on May 20, 2025 (the "Offering") and issued 132,693 Units at a price of C$6.50 per Unit, for gross proceeds of approximately C$862,505.50.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Silver Crown Royalties Announces Annual General Meeting Results

Silver Crown Royalties Announces Annual General Meeting Results

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - June 25, 2025 –Silver Crown Royalties Inc. ("Silver Crown", "SCRi", the "Corporation", or the "Company") (Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) reports that all resolutions proposed to shareholders at the annual general meeting of shareholders (held on June 24, 2025) were approved, including the election of all of the director nominees listed in the management information circular for the meeting. Please refer to the report of voting results filed under SCRi's profile at www.sedarplus.ca for further details.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Silver Crown Royalties Announces Closing of First Tranche of its Non-Brokered Private Placement

Silver Crown Royalties Announces Closing of First Tranche of its Non-Brokered Private Placement

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - June 24, 2025 –Silver Crown Royalties Inc. (" Silver Crown ", " SCRi ", the " Corporation ", or the " Company ") (Cboe:SCRI; OTCQX:SLCRF; FRA:QS0) is pleased to announce that the Company has successfully closed the first tranche (" First Tranche ") of its non-brokered offering of units of the Company (" Units ") for gross proceeds of up to $2,000,000 that was previously announced on May 20, 2025 (the " Offering "). The Company issued 102,838 Units at a price of C$6.50 per Unit pursuant to the First Tranche for gross proceeds of approximately C$668,447.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Silver Crown Royalties Announces Non-Brokered Private Placement

Silver Crown Royalties Announces Non-Brokered Private Placement

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - May 20, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) ( "Silver Crown" "SCRi" the "Corporation" or the "Company" ) is pleased to announce a non-brokered offering (the " Offering ") for gross proceeds of up to C$2,000,000.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
SCRi Reports 8th Consecutive Quarter Revenue Growth and Provides Corporate Update

SCRi Reports 8th Consecutive Quarter Revenue Growth and Provides Corporate Update

 

(TheNewswire)

 
   
  Silver Crown Royalties 
    
 

TORONTO, ON TheNewswire - May 15, 2025 Silver Crown Royalties Inc. ( Cboe: SCRI, OTCQX: SLCRF, BF: QS0 ) ( "Silver Crown" "SCRi" the "Corporation" or the "Company" ) is pleased to announce its interim financial statements and MD&A for the first quarter ended March 31, 2025 which have been filed on SEDAR+ and the Company's website today.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Horizon Minerals Limited  Quarterly Activities Report 30 June 2025

Horizon Minerals Limited Quarterly Activities Report 30 June 2025

Perth, Australia (ABN Newswire) - Horizon Minerals Limited (ASX:HRZ,OTC:HRZMF) is pleased to provide the June 2025 Quarterly Activities Report. Horizon is a gold production and exploration company within the Kalgoorlie and Coolgardie regions of Western Australia (Figure 1*).

Horizon Minerals key objective is near term gold production and exploration upside within our large tenement package of 1,309 km2. In addition to 1.8Moz of gold resources, the Company holds a number of multi-commodity assets including the 20.2Moz Ag Nimbus silver-zinc project.

HIGHLIGHTS

- Steady state safe gold production and revenue from Boorara and Phillips Find via the existing ore sale and toll milling agreements

o Boorara Operations mined ~298k dry tonnes at 0.952 g/t mined for 6,446 oz sold during the June Quarter at an average gold price of $5,104/oz, generating ~$33 million in revenue

o Ore processed from Phillips Find consisted of 18,676 dry tonnes at 1.97 g/t for 1,132 oz sold at an average price of $5,139/oz, generating ~$5.8 million to the Phillips Find JV

- Commencement of the Burbanks Resource Definition drilling programme south of Coolgardie

- GR Engineering awarded Black Swan plant engineering study to refurbish and repurpose the processing facility into a gold plant

- Life of mine plan studies targeting long term Black Swan Project (BSP) mine feed commenced by external mining consultants

- Appointment of experienced mining executive to the Horizon Minerals Board

- Successful $30m two tranche placement with a general meeting held on 10 July 2025 with all resolutions passed including Tranche 2 for ~$18.2 million of the placement.

SEPTEMBER QUARTER ACTIVITIES

- Continued safe gold production and revenue from Boorara and Phillips Find via the existing ore sale and toll milling agreements.

- Continuation of process engineering and life of mine studies for the Black Swan Project mine feed.

- Ongoing drilling of the Burbanks Resource Definition drill programme.

Activities during the quarter focussed on delivering steady state production from the Company's Boorara gold operation, located east of Kalgoorlie, and through the Phillips Find gold project to the north-northwest of Coolgardie. First gold pour was achieved during the March quarter, from both Boorara and Phillips Find through separate milling agreements with Paddington Mill and FMR Investments' Greenfields Mill respectively, with production ramping up in the June quarter.

Work commenced on the Burbanks drilling programme, as well as generating a long-term exploration target pipeline and increasing exploration personnel. There was minimal emphasis on in-ground exploration drilling during the quarter as resources and expenditure remained focussed on establishing steady state production and saleable ore stockpiles at Boorara and Phillips Find and generating cashflow for the Company.

*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/KDM93YWE

 

About Horizon Minerals Limited:  

Horizon Minerals Limited (ASX:HRZ,OTC:HRZMF) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.

Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.

Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.

 

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Silver Crown Royalties

Silver Crown Royalties Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×