Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) announced its first quarter results for the period ended March 31, 2026, highlighting record quarterly revenue of $665,854, a 119% increase compared to $304,408 in Q1 2025. The company also reported an improved total loss of $654,071 for the quarter, down from $2,913,156 in Q4 2025, reflecting operational progress.
The company closed two strategic private placements in early 2026, including a significant investment from prominent mining investor Michael Gentile, who was appointed as Strategic Advisor to enhance royalty sourcing and capital markets expertise. As of March 31, 2026, Silver Crown held over C$15 million in cash and silver bullion, with an additional C$20 million in in-the-money warrants.
CEO Peter Bures commented, 'The first quarter of this year was transformative for our Company as we generated record quarterly revenues and welcomed Michael Gentile to our Advisory team.' He added that the company expects to generate positive cash flow from operations in the current quarter as royalty partners' production improves and minimum delivery ounce payments begin at PPX Mining's Igor 4 Project.
The company currently holds five silver royalties. Its business model aims to provide investors exposure to precious metals while mitigating production cost inflation. For complete details, refer to the unaudited interim consolidated financial statements and management's discussion & analysis filed on SEDAR+ at sedarplus.ca and on the company's website at silvercrownroyalties.com.
Forward-looking statements in this release, such as expectations for positive cash flow, are based on management's current beliefs and are subject to risks including general economic conditions, operational risks at mining operations, and fluctuations in commodity prices. The company undertakes no obligation to update forward-looking information except as required by law.
