Silver Crown Royalties Inc. (Cboe:SCRI, OTCQX:SLCRF, BF:QS0) reported record quarterly revenue of $665,854 for the three months ended March 31, 2026, a 119% increase compared to $304,408 in the same period last year. The company released its unaudited interim condensed consolidated financial statements and management's discussion & analysis on SEDAR+ and its website.
The improved financial performance was driven by growth initiatives, including two strategic private placements closed in early 2026, with a significant investment from prominent mining investor Michael Gentile, who was appointed as a Strategic Advisor. The company ended the quarter with over C$15 million in cash and silver bullion, and an additional C$20 million in in-the-money warrants.
Peter Bures, SCRi’s Chief Executive Officer, stated that the first quarter was transformative, highlighting the record revenues and the addition of Mr. Gentile to the advisory team. He expects the company to generate positive cash flow from operations this quarter as royalty partners' production improves and minimum delivery ounce payment obligations begin at PPX Mining’s Igor 4 Project.
The total loss for the quarter improved to $654,071, compared to a loss of $353,235 in Q1 2025 and $2,913,156 in Q4 2025. The company's business model, focused on silver royalties, offers investors exposure to precious metals as a hedge against currency devaluation and production cost inflation.
For complete details, refer to the financial statements and MD&A available on SEDAR+ or the company's website at silvercrownroyalties.com.
