Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) announced record quarterly revenues of $665,854 for the three months ended March 31, 2026, a 119% increase compared to $304,408 in the same period last year. The company released its unaudited interim condensed consolidated financial statements and management’s discussion & analysis on SEDAR+ and its website.
Key highlights for the first quarter include a significant improvement in total loss, which narrowed to $654,071 from $2,913,156 in the previous quarter ended December 31, 2025. The company attributed the revenue growth to successful strategic private placements closed in early 2026, including an investment from prominent mining investor Michael Gentile, who was appointed as Strategic Advisor to strengthen royalty sourcing capabilities and capital markets expertise.
Peter Bures, CEO of Silver Crown, commented, “The first quarter of this year was transformative for our Company as we generated record quarterly revenues and we welcomed Michael Gentile to our Advisory team. We currently have over C$15 million in cash and silver bullion in treasury, with an additional C$20 million of in-the-money warrants. We expect to generate positive cash flow from operations this quarter as our royalty partners’ production profile improves and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project.”
The company’s improved financial position is underpinned by its portfolio of five silver royalties. The business model aims to provide investors exposure to precious metals while mitigating production cost inflation. The commencement of minimum payment obligations from the PPX Mining royalty is expected to significantly boost revenue in the coming quarters.
For complete details, the audited consolidated financial statements and associated MD&A are available on SEDAR+ and the company’s website at silvercrownroyalties.com.
