---
title: "Silver Crown Royalties Reports Audited Financial Results for 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281295399.md"
description: "Silver Crown Royalties Inc. reported its audited financial results for the year ended December 31, 2025, revealing record revenues of $1,233,408, a 112% increase from the previous year. Despite a total loss of $4,309,043, the company highlighted significant growth in silver deliveries and an improved macroeconomic outlook with silver prices exceeding US$70 per ounce. The company also completed acquisitions of royalties on PPX Mining’s Igor 4 Project and EDM Resources’ Scotia Mine, positioning itself for aggressive revenue growth in 2026. CEO Peter Bures expressed optimism about the company's future prospects and ongoing royalty opportunities."
datetime: "2026-04-01T03:30:02.000Z"
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  - [en](https://longbridge.com/en/news/281295399.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281295399.md)
---

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# Silver Crown Royalties Reports Audited Financial Results for 2025

(TheNewswire)

TORONTO, ON, March 31, 2026 – TheNewswire –Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF,BF:QS0)(“SilverCrown”, “SCRi”, the “Corporation”, orthe “Company”) is pleased to announce the release of its financial resultsfor the year ended December 31, 2025, as well as provide an update onits silver royalty portfolio. The company has filed its auditedconsolidated financial statements, management’s discussion &analysis, and annual information form for the year ended December 31,2025 on SEDAR+ (www.sedarplus.ca) and willbe uploading these filings to its website today. All amounts are inCanadian dollars, unless otherwise indicated.

2025 Financial and CorporateHighlights

-   The macroeconomic outlook for the Company’s portfolioof silver royalties has improved dramatically with the price of silvercurrently trading in excess of US$70 per ounce, an increase of inexcess of 100% over the fiscal year;
-   The Company completed the acquisition of additionalmaterial cash flowing silver royalty on PPX Mining’s Igor 4 Projectin Peru;
-   For the year ended December 31, 2025, SCRi generatedrecord revenues of $1,233,408.00 based on the minimum aggregatequarterly payments of the cash equivalent (“Minimum Payments”) of22,281 silver ounces under its royalties compared to the previousyear’s revenue of $581,337 that was based on Minimum Payments of14,525 silver ounces; and
-   Total loss for the year ended December 31, 2025 was$4,309,043, which compares to a loss of $3,593,343 for year endedDecember 31, 2024 and $1,483,543 for the year ended December 31, 2023.

Year ended

Dec 31, 2025

Year ended

Dec 31, 2024

Year ended

Dec 31, 2023

Attributable Silver Deliveries (oz)

22,281

14,525

3,937

% Change (Year over Year)

53%

269%

Revenue

1,233,408

581,337

124,772

% Change (Year over Year)

112%

366%

For complete details, please refer to the AuditedConsolidated Financial Statements and associated Management Discussionand Analysis for the year ended December 31, 2024, available on SEDAR+at sedarplus.ca or on the Company’s website at silvercrownroyalties.com.

Peter Bures, SCRi’s Chief Executive Officer,commented, “2025 was a formative year for your company. Westructured and acquired multiple royalties (specifically PPX and EDM) positioning us for aggressive revenue growth in 2026. With over C$7million in cash and silver bullion on our balance sheet, we can addadditional royalties without further dilution. Our pipeline remainsrobust and we continue to advance a number of royaltyopportunities.”

Silver Ounce and Revenue GrowthProfile

Portfolio Updates

Igor 4 Project

SCRi completed the previously announced acquisition ofa royalty for 15% of the cash equivalent of silver produced (and notless than 14,062.50 ounces per quarter beginning on March 31, 2026) from PPX Mining Corp. (“PPX”) on its Igor 4 Project in Peru (the“PPX Royalty”) for US$2,740,000 in cash, which was paid in threetranches. During the fiscal year, PPX paid the Company an aggregate of$276,637 in royalty payments under the PPX Royalty. SCRi anticipatesexponentially higher royalty payments under the PPX Royalty with theminimum payment obligations commencing on the date hereof.

Scotia Mine

On August 13, 2025, SCRi acquired a silver royalty onEDM Resources Inc.’s (“EDM”) Scotia Mine in Nova Scotiaequal to 90% of the net proceeds from silverounces sold from the Scotia Mine each quarter, but no less than 1,750oz (7,000 oz annually), commencing upon the start of commercialproduction and continuing for a period of 10 years. EDM continues toadvance financing and permitting work towards a formal productionrestart.

PGDM Complex

SCRi holds a royalty equal to the cash equivalent 90%of the aggregate net proceeds of silver sold as a result of processingof ores extracted from the PGDM Complex (and not less than 4,000ounces per quarter). While Pilar Gold Inc.(“Pilar”) encountered some temporary setbacks in restartingproduction at its PGDM Complex in Goiás State, Brazil during 2025, weremain optimistic about the progress in 2026. During the year ended December 31, 2025, the Companyproactively took a conservative approach and recognized an allowancefor expected credit loss of $530,409 relating to royalties receivablefrom the PGDM Complex. SCRi will disseminatefurther market updates regarding Pilar’s progress towards a restartof production at the PGDM Complex as they become available.

Elk Gold Mine

Near the end of Q2 2025, mining operations at the ElkGold mine, on which SCRi holds a royalty equal to the cash equivalentof 90% of the silver produced, subject to minimum deliveries of 1,500ounces per quarter (the “Gold Mountain Royalty”), were halted due tofinancial challenges under the previous operator, Gold Mountain MiningCorp. (“GoldMountain”). Pursuant tocourt-approved receivership proceedings, anew forward-thinking team acquired all the issued and outstanding shares of Gold Mountain, which indirectly ownsthe Elk Gold mine and all related assets, by settling outstandingsecured debt and providing additional cash consideration. The Company anticipates a temporary pause of cash inflowsfor approximately three-years as the newoperator optimizes operations based on project economics, silver priceforecasts from observable market data, and a discount rate of 9%, andthe Company recognized a non-cash impairment of $940,446 on the GoldMountain Royalty for the year ended December 31, 2025. We are,however, optimistic this strategic reset will pave the way for strong,long-term value and renewed production.

BacTech Facility

Effective November 21,2024, SCRi purchased a royalty on 90% of theaggregate gross proceeds of silver, subject tominimum deliveries of 8,750 ounces per quarter (the “BacTech Royalty”), processed by BacTechEnvironmental Corporation (“BacTech”) at the future bioleaching facilityin Tenguel, Ecuador. Subsequent to the acquisition of the BacTechRoyalty, BacTech has not made significant progress in achieving thefinancing and development milestones set for in the agreementgoverning the BacTech Royalty, therefore, SCRi’s management hastaken a prudent and cautious approach and created an impairment loss provision equal tothe carrying value of the royalty interest for the year ended December31, 2025.

ABOUT SILVER CROWN ROYALTIESINC.

Founded by seasoned industry professionals, SilverCrown Royalties (Cboe: SCRI | OTCQX: SLCRF |BF: QS0) is a publicly traded silver royalty company dedicated to generatingfree cash flow. Silver Crown currently holds five silver royalties.Its business model offers investors exposure to precious metals,providing a natural hedge against currency devaluation whilemitigating the adverse effects of production-related cost inflation.Silver Crown strives to minimize the economic burden on miningprojects while simultaneously maximizing shareholder returns. Forfurther information, please contact:

Silver Crown Royalties Inc.

Peter Bures, Chairman and CEO

T: (416) 481-1744 | pbures@silvercrownroyalties.com

FORWARD-LOOKING STATEMENTS

This release contains certain “forward lookingstatements” and certain “forward-looking information” as definedunder applicable Canadian and U.S. securities laws. Forward-lookingstatements and information can generally be identified by the use offorward-looking terminology such as “may”, “will”,“should”, “expect”, “intend”, “estimate”,“anticipate”, “believe”, “continue”, “plans” orsimilar terminology. The forward-looking information contained hereinis provided for the purpose of assisting readers in understandingmanagement’s current expectations and plans relating to the future.Readers are cautioned that such information may not be appropriate forother purposes. Forward-looking statements and information include,but are not limited to, “We structured and acquired multipleroyalties (specifically PPX and EDM) positioning us for aggressiverevenue growth in 2026. With over C$7 million in cash and silverbullion on our balance sheet, we can add additional royalties withoutfurther dilution. Our pipeline remains robust and we continue toadvance a number of royalty opportunities presently” and the Companyanticipates exponentially higher royalty payments under the PPXRoyalty with the minimum payment obligations commencing on the datehereof. Forward-looking statements and information are based onforecasts of future results, estimates of amounts not yet determinableand assumptions that, while believed by management to be reasonable,are inherently subject to significant business, economic andcompetitive uncertainties and contingencies.

Forward-looking information is subject to known andunknown risks, uncertainties and other factors that may cause theactual actions, events or results to be materially different fromthose expressed or implied by such forward-looking information,including but not limited to: the impact of general business andeconomic conditions; the absence of control over mining operationsfrom which SCRI will purchase silver and other metals or from which itwill receive royalty payments and risks related to those miningoperations, including risks related to international operations,government and environmental regulation, delays in mine constructionand operations, actual results of mining and current explorationactivities, conclusions of economic evaluations and changes in projectparameters as plans continue to be refined; accidents, equipmentbreakdowns, title matters, labor disputes or other unanticipateddifficulties or interruptions in operations; SCRI’s ability to enterinto definitive agreements and close proposed royalty transactions;the inherent uncertainties related to the valuations ascribed by SCRIto its royalty interests; problems inherent to the marketability ofsilver and other metals; the inherent uncertainty of production andcost estimates and the potential for unexpected costs and expenses;industry conditions, including fluctuations in the price of theprimary commodities mined at such operations, fluctuations in foreignexchange rates and fluctuations in interest rates; government entitiesinterpreting existing tax legislation or enacting new tax legislationin a way which adversely affects SCRI; stock market volatility;regulatory restrictions; liability, competition, the potential impactof epidemics, pandemics or other public health crises on SCRI’sbusiness, operations and financial condition, loss of key employees.SCRI has attempted to identify important factors that could causeactual results to differ materially from those contained in forwardlooking statements, there may be other factors that cause results notto be as anticipated, estimated or intended. There can be no assurancethat such statements will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchstatements. Accordingly, readers are advised not to place unduereliance on forward-looking statements or information. SCRI undertakesno obligation to update forward-looking information except as requiredby applicable law. Such forward-looking information representsmanagement's best judgment based on information currentlyavailable. There can be no assurance that forward-looking statementswill prove to be accurate, as actual results and future events coulddiffer materially from those anticipated in such statements.Accordingly, the reader is cautioned not to place undue reliance onforward-looking statements.

This document does not constitute an offer to sell, ora solicitation of an offer to buy, securities of the Company inCanada, the United States, or any other jurisdiction. Any such offerto sell or solicitation of an offer to buy the securities describedherein 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 theprospectus and registration requirements under applicable securitieslaws, pursuant to a subscription agreement to be entered into by theCompany and prospective investors.

CBOE CANADA DOES NOT ACCEPTRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWSRELEASE.

Copyright (c) 2026 TheNewswire - All rights reserved.

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