FAQ: Silver Crown Royalties Final Tranche of Silver Royalty on PPX Mining's Igor 4 Project
Summary
Silver Crown Royalties has closed the final tranche of its silver royalty agreement with PPX Mining, increasing its total royalty to 15% of silver production from the Igor Project in Peru. This transaction positions Silver Crown to achieve positive free cash flow in 2026 without needing additional capital market access for working capital.
What is the main announcement in this press release?
Silver Crown Royalties has closed the final tranche of its silver royalty agreement with PPX Mining, increasing the total royalty to 15% of silver production from the Igor Project in Peru.
How much did Silver Crown pay for the final tranche?
Silver Crown paid US$637,000 in cash to PPX Mining to complete the final tranche of the royalty agreement.
What is the total silver royalty percentage and ounces now?
The royalty now totals 15% of the cash equivalent of silver produced, with an aggregate total of 225,000 ounces of silver payable under the agreement.
How much silver has PPX already delivered to Silver Crown?
To date, PPX has paid Silver Crown 2,247 ounces of silver out of the total 225,000 ounces under the royalty agreement.
What is the significance of this transaction for Silver Crown?
According to CEO Peter Bures, this royalty combined with recent financing positions Silver Crown to reach positive free cash flow in 2026 without needing to access capital markets for working capital purposes.
Where is the Igor Project located?
The Igor Project is located in northern Peru, specifically in the prolific Northern Peru gold belt in eastern La Libertad Department.
What companies are involved in this royalty agreement?
Silver Crown Royalties Inc. (Cboe: SCRI, OTCQX: SLCRF, FRA: QS0) and PPX Mining Corp. are the parties to this silver royalty agreement.
When were the original and amended royalty agreements signed?
The royalty agreement was originally dated December 13, 2024, and was amended on July 31, 2025.
What is Silver Crown’s business model and current portfolio?
Silver Crown is a publicly traded silver royalty company that currently holds five silver royalties, offering investors exposure to precious metals as a hedge against currency devaluation while mitigating production cost inflation effects.
Who can I contact for more information about Silver Crown Royalties?
You can contact Peter Bures, Chairman and CEO of Silver Crown Royalties, at telephone (416) 481-1744 or email [email protected].
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