Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) released its unaudited interim condensed consolidated financial statements for the quarter ended March 31, 2026, reporting record quarterly royalty revenue of $665,854. This represents a 119% increase compared to $304,408 in the same quarter of 2025, underscoring the company's growth trajectory.
The company attributed the revenue growth to improved production from its royalty partners. Peter Bures, CEO, stated, “The first quarter of this year was transformative for our Company as we generated record quarterly revenues.” He noted that the company currently holds over C$15 million in cash and silver bullion, with an additional C$20 million of in-the-money warrants. Bures added, “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.”
Silver Crown also 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 the company’s royalty sourcing capabilities and capital markets expertise. The company reported a total loss of $654,071 for the quarter, compared to a loss of $353,235 in Q1 2025 and $2,913,156 in Q4 2025, reflecting ongoing investments in growth.
The company holds five silver royalties and aims to generate free cash flow while providing investors exposure to precious metals as a hedge against currency devaluation and cost inflation. For complete details, refer to the financial statements on SEDAR+ at sedarplus.ca or the company’s website at silvercrownroyalties.com.
Forward-looking statements in the release, including expectations of positive cash flow, are subject to risks and uncertainties. The company cautions readers not to place undue reliance on such statements, which are based on management’s current expectations and are subject to factors such as mining operations risks, commodity price fluctuations, and regulatory changes.
