Silver Crown Royalties Receives Conditional Approval to Trade on Cboe
2024年7月18日 - 4:00PM
Silver Crown Royalties Inc. (“
Silver Crown”,
“
SCRi”, the “
Corporation”, or the
“
Company”) is pleased to announce that the
Cboe Canada Inc. stock exchange (“
Cboe Canada”)
has granted conditional approval of the Company's listing
application and that the common shares of the Company will be
listed and commence trading on Cboe Canada at the open of the
market on Thursday, July 25, 2024.
Peter Bures, Silver Crown’s Chief Executive
Officer, commented: “We are thrilled to announce our conditional
approval to list on Cboe Canada. Having a target listing date of
July 25 for a pure silver equity vehicle is truly special and the
culmination of several years of hard work for our team. This
milestone marks a significant step forward for Silver Crown and
should provide us with increased visibility as well as access to a
broader investor base. The listing should also lower our cost of
equity capital, enabling us to accelerate growth, expand our market
presence, and deliver greater value to our shareholders with less
dilution.”
ABOUT CBOE CANADA
Cboe Canada is Canada's Tier 1 stock exchange
for the purpose-driven Innovation Economy, providing a
best-in-class listing experience for issuers that are shaping the
economies of tomorrow. Fully operational since 2015, Cboe Canada
lists investment products and companies seeking an internationally
recognized stock exchange that enables investor trust, quality
liquidity, and broad awareness including unfettered access to
market data.
Cboe Canada is part of the Cboe Global Markets
network, leveraging deep international expertise, industry-leading
market intelligence and technology, and unparalleled service to
deliver what stakeholders and the world need now, and for the
future.
ABOUT SILVER CROWN ROYALTIES
INC.
Founded by industry veterans, SCRi is a pre-IPO
stage revenue-generating silver-only royalty company focusing on
silver as byproduct credits. SCRi aims to minimize the economic
impact on mining projects while maximizing returns for
shareholders. SCRi presently has two sources of revenues and
continues to build on this foundation, targeting additional
operational silver-producing projects.
For further information, please contact:
Silver Crown Royalties
Inc.Peter BuresChairman and CEO Email:
pbures@silvercrownroyalties.com
FORWARD-LOOKING STATEMENTS
This release contains certain “forward looking
statements” and certain “forward-looking information” as defined
under applicable Canadian and U.S. securities laws. Forward-looking
statements and information can generally be identified by the use
of forward-looking terminology such as “may”, “will”, “should”,
“expect”, “intend”, “estimate”, “anticipate”, “believe”,
“continue”, “plans” or similar terminology. The forward-looking
information contained herein is provided for the purpose of
assisting readers in understanding management’s current
expectations and plans relating to the future. Readers are
cautioned that such information may not be appropriate for other
purposes. Forward-looking statements and information include, but
are not limited to, statements with respect to the listing of the
Common Shares on Cboe and the completion of the Subsequent
Offering. Forward-looking statements and information are based on
forecasts of future results, estimates of amounts not yet
determinable and assumptions that, while believed by management to
be reasonable, are inherently subject to significant business,
economic and competitive uncertainties and contingencies.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual actions,
events or results to be materially different from those expressed
or implied by such forward-looking information, including but not
limited to: the impact of general business and economic conditions;
the absence of control over mining operations from which SCRi will
purchase gold and other metals or from which it will receive
royalty payments and risks related to those mining operations,
including risks related to international operations, government and
environmental regulation, delays in mine construction and
operations, actual results of mining and current exploration
activities, conclusions of economic evaluations and changes in
project parameters as plans continue to be refined; accidents,
equipment breakdowns, title matters, labor disputes or other
unanticipated difficulties or interruptions in operations; SCRi’s
ability to enter into definitive agreements and close proposed
royalty transactions; the inherent uncertainties related to the
valuations ascribed by SCRi to its royalty interests; problems
inherent to the marketability of gold and other metals; the
inherent uncertainty of production and cost estimates and the
potential for unexpected costs and expenses; industry conditions,
including fluctuations in the price of the primary commodities
mined at such operations, fluctuations in foreign exchange rates
and fluctuations in interest rates; government entities
interpreting existing tax legislation or enacting new tax
legislation in a way which adversely affects SCRi; stock market
volatility; regulatory restrictions; liability, competition, the
potential impact of epidemics, pandemics or other public health
crises on SCRi’s business, operations and financial condition, loss
of key employees. SCRi has attempted to identify important factors
that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers are advised not to place undue reliance on forward-looking
statements or information. SCRi undertakes no obligation to update
forward-looking information except as required by applicable law.
Such forward-looking information represents management's best
judgment based on information currently available.
This document does not constitute an offer to
sell, or a solicitation of an offer to buy, securities of the
Company in Canada, the United States or any other jurisdiction. Any
such offer to sell or solicitation of an offer to buy the
securities described herein will be made only pursuant to
subscription documentation between the Company and prospective
purchasers. Any such offering will be made in reliance upon
exemptions from the prospectus and registration requirements under
applicable securities laws, pursuant to a subscription agreement to
be entered into by the Company and prospective investors.