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, a 119% increase compared to $304,408 in Q1 2025. The company attributes the growth to improved production from royalty partners and strategic initiatives, including two private placements closed in early 2026 that brought in significant investment from prominent mining investor Michael Gentile, who was appointed as Strategic Advisor.
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. The improved loss from the previous quarter reflects higher revenue and cost management. Silver Crown ended the quarter with over C$15 million in cash and silver bullion, plus an additional C$20 million in in-the-money warrants.
CEO Peter Bures stated, “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 business model offers exposure to precious metals, providing a natural hedge against currency devaluation while mitigating production cost inflation. Silver Crown currently holds five silver royalties and aims to minimize economic burdens on mining projects while maximizing shareholder returns.
For complete details, refer to the financial statements and MD&A filed on SEDAR+ or the company’s website at SilverCrownRoyalties.com.
Forward-looking statements in this release include expectations of positive cash flow from operations and higher royalty payments under the PPX Royalty. These statements are based on management’s current beliefs and assumptions but involve risks and uncertainties, including those related to mining operations, commodity prices, and regulatory changes. The company undertakes no obligation to update forward-looking information except as required by law.
