Silver Crown Royalties Inc. (SCRi), a publicly traded silver-only royalty company, has recently engaged Investor Cubed, a leading investor relations firm, to enhance its investor relations and overall growth prospects. This strategic partnership aims to increase Silver Crown's visibility and reach among potential investors, ultimately driving growth and attracting new investors. By leveraging Investor Cubed's extensive network and expertise, Silver Crown seeks to raise its profile and foster a robust investor community.
In addition to this strategic move, Silver Crown has successfully closed the first tranche of its non-brokered private placement, raising gross proceeds of C$1,500,000. The funds raised will be used to fund the second tranche of its silver royalty acquisition on the Igor 4 project in Peru, as well as for general and administrative expenses. This strategic acquisition aligns with Silver Crown's long-term objective of expanding its portfolio of silver mining royalty interests, which is a key driver of its revenue growth.
Peter Bures, Silver Crown's Chief Executive Officer, commented on the successful closing of the first tranche, stating, "We continue to build the book and expect it to be fully subscribed in a timely manner. The additional funds will allow us to close the second tranche of the PPX royalty transaction and bulk up our balance sheet for additional smaller transactions." This statement underscores Silver Crown's commitment to pursuing strategic acquisitions and strengthening its financial position to support future growth.
Silver Crown's strategic partnership with Investor Cubed, coupled with the successful closing of the first tranche of its non-brokered private placement, positions the company well for future expansion and growth. By engaging investors and expanding its portfolio of silver mining royalty interests, Silver Crown is poised to capitalize on the growing demand for silver and generate consistent and growing income sources for its shareholders.
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