Curated News
By: NewsRamp Editorial Staff
March 31, 2025
Silver Crown Royalties Inc. Closes Second Tranche of Non-Brokered Offering
TLDR
- Investors can benefit from Silver Crown Royalties' successful second tranche closure, gaining precious metals exposure and potential returns.
- Silver Crown Royalties closed the second tranche of units at C$6.50 per Unit, totaling 142,848 and gross proceeds of C$928,512.
- The proceeds will help fund silver royalty acquisition in Peru, supporting economic growth and maximizing returns for shareholders.
- Silver Crown Royalties provides a natural hedge against currency devaluation, offering a unique investment opportunity in the precious metals market.
Impact - Why it Matters
This news matters as it showcases the successful closing of a significant offering by Silver Crown Royalties Inc., highlighting the company's ability to secure funds for future projects. Investors and stakeholders can gain insight into the company's strategic moves and its commitment to growth and development in the silver royalty sector.
Summary
Silver Crown Royalties Inc. provided an update on its non-brokered offering of units, closing the second tranche and issuing 75,310 Units at a price of C$6.50 per Unit. The proceeds will be used to partially fund the second tranche of the company's silver royalty acquisition in Peru.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Silver Crown Royalties Inc. Closes Second Tranche of Non-Brokered Offering
