Silver Crown Royalties Expands Portfolio Through Third 1% NSR Titiminas Royalty Acquisition
Cboe:SCRI | OTCQX:SLCRF | BF:QS0
Overview
Silver Crown Royalties Inc. announced that it has entered into a definitive royalty purchase and sale agreement dated September 2, 2026 with the holder of a third existing privately held 1% net smelter return royalty on Titiminas Silver Inc.'s (TSXV: TITI) Madre Sierra deposit in Jauja, Peru, according to the company. Under the agreement, Silver Crown will acquire the royalty for cash consideration of US$2,000,000 payable at closing of the transaction, plus additional consideration payable in units of the company, the company stated.
Closing is expected to occur on or before October 31, 2026, and is subject to customary conditions precedent, the approval of Cboe Canada, and the registration of the royalty on title to the project, according to the company.
Key Highlights
- Silver Crown will pay US$2,000,000 in cash at closing for the royalty, according to the company.
- An additional US$1,000,000 is payable at closing through the issuance of 38,401 units, each comprised of one common share and one-half of one common share purchase warrant, at a price per unit equal to the volume weighted average trading price of the common shares on Cboe Canada for the five trading days immediately preceding the date of the agreement, referred to as the Closing Issue Price, the company stated.
- Each whole warrant issued at closing entitles the holder to acquire one common share at an exercise price equal to 150% of the Closing Issue Price for a period of 24 months following closing, according to the company.
- A further US$1,000,000 of contingent consideration will be satisfied through the issuance of additional units on the same one-share-and-one-half-warrant basis upon Silver Crown's receipt of the first royalty payment under the royalty, following not less than 30 days of continuous production at a rate of at least 70 tonnes per day, the company stated.
- The contingent units will be priced at the five-trading-day volume weighted average trading price of the common shares immediately preceding the trigger date, referred to as the Issue Price, with each whole warrant exercisable at 150% of the Issue Price for 24 months following that date, according to the company.
- All securities issuable in connection with the transaction are subject to the approval of Cboe Canada and will be issued on a prospectus-exempt basis, subject to applicable statutory hold periods and resale restrictions, the company stated.
Strategic Context
Peter Bures, CEO, commented, "Our initial intent was to acquire the complete royalty package and eventually restructure the existing royalty into a silver-only royalty as per our mandate. Once this acquisition is completed, we intend to move forward with our silver-only strategy on Titiminas' Madre Sierra project. In time, we believe this royalty will become a very significant silver ounce contributor for our company."
What to Watch Next
- Closing of the transaction, expected to occur on or before October 31, 2026, subject to customary conditions precedent, according to the company.
- Approval of Cboe Canada, which is required for the transaction and for the securities issuable in connection with it, according to the company.
- Registration of the royalty on title to the Madre Sierra project, a condition precedent to closing, according to the company.
- Silver Crown's receipt of the first royalty payment under the royalty, which would trigger issuance of the contingent consideration units, following not less than 30 days of continuous production at a rate of at least 70 tonnes per day, according to the company.
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 six 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.
ArcStone Kingswood Growth Summit 2026
Join us September 16 at the Sheraton Centre Toronto for the 3rd Annual ArcStone Kingswood Growth Summit. A full day of fundraising, going-public, and cross-border listing conversations bringing together issuers, investors, and capital markets leaders. This is by invite-only gathering.
Disclaimer and Forward-Looking Statements
The information contained herein is provided by ArcStone Financial Pulse Inc. ("ArcStone Financial Pulse"), a subsidiary of ArcStone Securities and Investments Corp. ("ArcStone"), for informational purposes only. It is not, and under no circumstances should it be construed as, an offer to sell or a solicitation of an offer to buy any securities or other financial instruments in any jurisdiction. This content is not a research report within the meaning of FINRA Rules 2241 or 2242 and does not constitute a research report under any applicable securities laws.
Certain statements contained herein may constitute "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on current expectations, estimates, and assumptions that involve known and unknown risks and uncertainties which may cause actual results or developments to differ materially from those expressed or implied. These statements often include words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "should," "target," or similar expressions. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. Except as required by law, ArcStone undertakes no obligation to update or revise any forward-looking information.
This content is not intended as investment advice or a recommendation to buy or sell any security and does not take into account the investment objectives, financial situation, or needs of any individual. Investors should consult their own professional advisors before making any investment decisions.
ArcStone Securities and Investments Corp. is not a registered broker-dealer and does not provide investment advice or recommendations. All registrable activities in the United States are conducted through ArcStone Securities, LLC (CRD# 306029) and/or Kingswood Capital Partners, LLC (CRD# 288898), both FINRA-registered broker-dealers, members SIPC. ArcStone Canada Inc. is not registered as a dealer in any Canadian jurisdiction; registrable dealing activities in Canada are conducted through appropriately registered affiliates.
ArcStone Kingswood is a DBA Office of Supervisory Jurisdiction (OSJ) of Kingswood Capital Partners, LLC (Member FINRA/SIPC) under which registered representatives of ArcStone Securities, LLC (Member FINRA/SIPC) and registered representatives of Kingswood Capital Partners, LLC conduct joint capital markets and investment banking activities. ArcStone Securities, LLC and Kingswood Capital Partners, LLC are parties to a written agreement governing the sharing of fees on transactions in which registered representatives of both firms participate. All securities transactions and investment banking services described in this article are conducted exclusively through ArcStone Securities, LLC and/or Kingswood Capital Partners, LLC; "ArcStone Kingswood" itself is not a registered broker-dealer or separate legal entity.
ArcStone Financial Pulse Inc. is owned by the same parent entity (ArcStone Securities and Investments Corp.) that owns ArcStone Securities, LLC. This common ownership, together with the joint operating relationship between ArcStone Securities, LLC and Kingswood Capital Partners, LLC under the ArcStone Kingswood DBA OSJ banner, represents a structural conflict of interest. The issuer featured in this article (the "Company") may be a current or former client of ArcStone or any of its subsidiaries and affiliates. Where ArcStone or its subsidiaries and affiliates have received or have been promised consideration for services provided to the Company, such consideration may include cash, stock, stock options, warrants, and/or Restricted Stock Units (RSUs) for the provision of corporate advisory, investor relations, digital media, or capital markets consulting services. This relationship represents a potential conflict of interest, as ArcStone may be perceived to have an incentive to present the Company in a favorable light. The principals, directors, officers, employees, and related entities of ArcStone and its affiliates may, from time to time, own, buy, or sell securities or derivatives of the Company or its affiliates.
