{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Silver Crown Royalties (SLCRF) - Signs Producing Colombia Royalty After Profitable Q3","html":"","width":"100%","height":180,"duration":1413,"description":"Interview with Peter Bures, Chairman & CEO of Silver Crown Royalties\nOur previous interview: https://www.cruxinvestor.com/posts/silver-crown-royalties-slcrf-silver-pure-play-royalty-unlocking-unreported-ounces-12426\nRecording date: 6th November 2026\nSilver Crown Royalties Inc. (CBOE:SCRI, OTCQX:SLCRF) builds a silver-only royalty portfolio by buying byproduct silver from gold and copper operators, with the stated objective of becoming a dividend-paying company tied to the silver price. Two announcements in quick succession have reshaped its outlook. The company reported third quarter results showing royalty revenue of C$1.61 million, up 541% year on year, and net income of over C$379,000 for its second consecutive profitable quarter. Attributable deliveries were 18,063 ounces (oz), unchanged from the second quarter, while revenue fell 14% quarter on quarter on a lower average silver price. The balance sheet showed C$7.72 million in cash and term deposits, C$15.49 million in working capital and no debt.\nSilver Crown announced a definitive agreement, dated October 31, to acquire a royalty on 90% of payable silver from Soma Gold’s El Bagre Gold Mining Complex in Antioquia, Colombia, for US$10 million in cash. The structure pays Silver Crown the greater of 90% of payable silver until 305,500 oz are delivered, after which a 7.5% silver net smelter return (NSR) royalty applies for the life of the operation. US$3 million is due at closing, targeted by November 30, 2026, and US$7 million follows once Soma’s existing gold financier releases its security and Silver Crown registers first-ranking security. If that discharge is not completed by December 31, 2026, Silver Crown can require Soma to buy back the royalty for US$3 million plus interest.\nThe company is targeting a roughly 29% increase in attributable silver ounce revenue in 2027 and 57% in 2028 from the deal. Chairman and Chief Executive Officer Peter Bures states the  current annualized run rate is about 75,000 oz...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}