Mr. Peter Bures reports
SILVER CROWN ROYALTIES REPORTS Q3 RESULTS AND
RECORD QUARTERLY EARNINGS
Silver Crown Royalties Inc. has released its financial results for the quarter ended Sept. 30, 2026. The company has filed its unaudited interim condensed consolidated financial statements and management's discussion and analysis for the quarter ended Sept. 30, 2026, on SEDAR+ and will uploading these filings to its website today.
Third quarter financial and corporate highlights:
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Strong year-over-year revenue growth: generated $1,609,779 in royalty revenue for the three months ended Sept. 30, 2026, a 541-per-cent increase over the $251,212 generated in third quarter 2025; revenue was 14 per cent lower than the $1,867,056 generated in second quarter 2026 due to a decrease in the average silver price in Q3 2026;
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Silver deliveries: attributable silver deliveries totalled 18,063 ounces for the quarter, a 288-per-cent increase from 4,651 ounces in Q3 2025 and unchanged from Q2 2026;
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Record quarterly net income: net income of $379,110 (seven cents per basic share) for the quarter, compared with a net loss of $468,172 in Q3 2025, representing the company's second consecutive profitable quarter;
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Strengthened balance sheet: cash and term deposits of $7,720,517 and working capital of $15,485,929 as at Sept. 30, 2026, with $13,837,779 received from the exercise of warrants in the first nine months of 2026;
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Expanded Madre Sierra royalty position: effective Sept. 15, 2026, the company completed its acquisition of a third existing privately held 1-per-cent net smelter return royalty on Titiminas Silver Inc.'s Madre Sierra deposit in Jauja, Peru; this adds to the two 1-per-cent net smelter return royalties acquired, effective June 30, 2026. Consideration for the third royalty was:
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$2-million (U.S.) in cash paid at closing;
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$1-milion (U.S.) paid through the issuance of 38,401 units of the company, each comprising one common share and one-half of one warrant exercisable at 150 per cent of the issue price for 24 months;
- Up to $1-million (U.S.) in additional units, payable once the first royalty payment is received after at least 30 days of continuous production at a rate of at least 70 tonnes per day.
About Silver Crown Royalties Inc.
Founded by seasoned industry professionals, Silver Crown Royalties is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown currently holds eight silver royalties across six projects. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. Silver Crown strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns.
We seek Safe Harbor.
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