Silver Crown Royalties has strengthened its financial position and market presence by engaging Investor Cubed for investor relations and completing the first tranche of a private placement. The company raised approximately C$439,000 through the issuance of 67,538 units at C$6.50 per unit, with each unit consisting of one common share and one warrant.
The funds will be used to partially finance the second tranche of a silver royalty acquisition on the Igor 4 project in Peru and cover general administrative expenses. Each warrant is exercisable at C$13.00 for three years from the closing date, providing potential additional future capital.
Investor Cubed will provide monthly investor relations services for up to one year, with compensation of C$10,000 per month and an allocation of 25,000 Silver Crown shares to be issued quarterly. CEO Peter Bures highlighted the strategic importance of this partnership in connecting with Canadian investors and expanding the company's market reach.
As a silver royalty company with four existing royalties, three of which are revenue-generating, Silver Crown offers investors a unique opportunity to gain precious metals exposure with potentially lower risks compared to direct mining investments. The company's business model provides a natural hedge against currency devaluation while minimizing production-related economic impacts.
