Silver Crown Royalties Reports 2025 Financial Results and Portfolio Update

TORONTO, ON — April 1, 2026 — Leads & Copy —

Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF,BF:QS0) has released its financial results for the year ended December 31, 2025, and provided an update on its silver royalty portfolio.

The company has filed its audited consolidated financial statements, management’s discussion & analysis, and annual information form for the year ended December 31, 2025 on SEDAR+ (www.sedarplus.ca) and will be uploading these filings to its website today. All amounts are in Canadian dollars, unless otherwise indicated.

The macroeconomic outlook for the Company’s portfolio of silver royalties has improved dramatically with the price of silver currently trading in excess of US$70 per ounce, an increase of in excess of 100% over the fiscal year.

SCRi completed the acquisition of an additional material cash flowing silver royalty on PPX Mining’s Igor 4 Project in Peru.

For the year ended December 31, 2025, SCRi generated record revenues of $1,233,408.00 based on the minimum aggregate quarterly payments of the cash equivalent (“Minimum Payments”) of 22,281 silver ounces under its royalties compared to the previous year’s revenue of $581,337 that was based on Minimum Payments of 14,525 silver ounces.

Total loss for the year ended December 31, 2025 was $4,309,043, which compares to a loss of $3,593,343 for year ended December 31, 2024 and $1,483,543 for the year ended December 31, 2023.

Peter Bures, SCRi’s Chief Executive Officer, commented, “2025 was a formative year for your company. We structured and acquired multiple royalties (specifically PPX and EDM) positioning us for aggressive revenue growth in 2026. With over C$7 million in cash and silver bullion on our balance sheet, we can add additional royalties without further dilution. Our pipeline remains robust and we continue to advance a number of royalty opportunities.”

SCRi completed the previously announced acquisition of a royalty for 15% of the cash equivalent of silver produced (and not less than 14,062.50 ounces per quarter beginning on March 31, 2026) from PPX Mining Corp. (“PPX”) on its Igor 4 Project in Peru (the “PPX Royalty”) for US$2,740,000 in cash, which was paid in three tranches. During the fiscal year, PPX paid the Company an aggregate of $276,637 in royalty payments under the PPX Royalty. SCRi anticipates exponentially higher royalty payments under the PPX Royalty with the minimum payment obligations commencing on the date hereof.

On August 13, 2025, SCRi acquired a silver royalty on EDM Resources Inc.’s (“EDM”) Scotia Mine in Nova Scotiaequal to 90% of the net proceeds from silver ounces sold from the Scotia Mine each quarter, but no less than 1,750 oz (7,000 oz annually), commencing upon the start of commercial production and continuing for a period of 10 years. EDM continues to advance financing and permitting work towards a formal production restart.

SCRi holds a royalty equal to the cash equivalent 90% of the aggregate net proceeds of silver sold as a result of processing of ores extracted from the PGDM Complex (and not less than 4,000 ounces per quarter). While Pilar Gold Inc. (“Pilar”) encountered some temporary setbacks in restarting production at its PGDM Complex in Goiás State, Brazil during 2025, the company remains optimistic about the progress in 2026. During the year ended December 31, 2025, the Company proactively took a conservative approach and recognized an allowance for expected credit loss of $530,409 relating to royalties receivable from the PGDM Complex. SCRi will disseminate further market updates regarding Pilar’s progress towards a restart of production at the PGDM Complex as they become available.

Near the end of Q2 2025, mining operations at the Elk Gold mine, on which SCRi holds a royalty equal to the cash equivalent of 90% of the silver produced, subject to minimum deliveries of 1,500 ounces per quarter (the “Gold Mountain Royalty”), were halted due to financial challenges under the previous operator, Gold Mountain Mining Corp. (“Gold Mountain”). Pursuant to court-approved receivership proceedings, a new forward-thinking team acquired all the issued and outstanding shares of Gold Mountain, which indirectly owns the Elk Gold mine and all related assets, by settling outstanding secured debt and providing additional cash consideration. The Company anticipates a temporary pause of cash inflows for approximately three-years as the new operator optimizes operations based on project economics, silver price forecasts from observable market data, and a discount rate of 9%, and the Company recognized a non-cash impairment of $940,446 on the Gold Mountain Royalty for the year ended December 31, 2025. The company is, however, optimistic this strategic reset will pave the way for strong, long-term value and renewed production.

Effective November 21, 2024, SCRi purchased a royalty on 90% of the aggregate gross proceeds of silver, subject to minimum deliveries of 8,750 ounces per quarter (the “BacTech Royalty”), processed by BacTech Environmental Corporation (“BacTech”) at the future bioleaching facility in Tenguel, Ecuador. Subsequent to the acquisition of the BacTech Royalty, BacTech has not made significant progress in achieving the financing and development milestones set for in the agreement governing the BacTech Royalty, therefore, SCRi’s management has taken a prudent and cautious approach and created an impairment loss provision equal to the carrying value of the royalty interest for the year ended December 31, 2025.

Silver Crown Royalties (Cboe: SCRI | OTCQX: SLCRF |BF: QS0) is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown currently holds five silver royalties. 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.

Source: Silver Crown Royalties Inc.