Silver Crown Royalties Expands Investor Relations and Secures Private Placement Funding
TL;DR
Silver Crown engaged Investor Cubed for investor relations services, boosting potential investment opportunities.
Investor Cubed will provide investor relations and shareholder communications services in Canada for up to a one-year term.
Silver Crown's partnership with Investor Cubed aims to connect with key Canadian investors, enhancing growth and financial stability.
Silver Crown closed the first tranche of a non-brokered private placement, issuing units for proceeds towards silver royalty acquisition in Peru.
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Silver Crown Royalties has strengthened its market position by engaging Investor Cubed for investor relations services and completing the first tranche of a non-brokered private placement. The company issued 67,538 units at C$6.50 per unit, generating gross proceeds of approximately C$439,000.
The investment will partially fund Silver Crown's silver royalty acquisition on the Igor 4 project in Peru and cover general administrative expenses. Each unit comprises one common share and a warrant exercisable at C$13.00 for three years, subject to a four-month holding period.
Investor Cubed will provide monthly investor relations services for C$10,000, with potential compensation including 25,000 common shares issued quarterly. Neil Simon, CEO of Investor Cubed, expressed enthusiasm about the partnership, highlighting Silver Crown's potential as an attractive silver investment opportunity.
Peter Bures, Silver Crown's CEO, emphasized the strategic importance of the partnership, noting that Investor Cubed's expertise will help connect the company with key Canadian investors and enhance its market presence.
As a silver royalty company with four existing royalties, three of which are revenue-generating, Silver Crown offers investors an opportunity to gain precious metals exposure while mitigating typical mining investment risks. The company's business model provides a potential hedge against currency devaluation and production cost challenges.
Curated from NewMediaWire
