Investing

Silver Crown Royalties Goes Public on Cboe Canada

Cboe Canada Inc. (‘Cboe Canada’) is excited to announce the public markets debut of Silver Crown Royalties Inc. (‘Silver Crown’ or ‘SCRI’), a revenue-generating silver-only royalty company headquartered in Toronto. The company is now trading on Cboe Canada under the symbol SCRI .

Silver Crown unlocks previously unrecognized value by offering existing mining companies an up-front payment in exchange for the rights to revenues generated from the byproduct silver they mine. Silver Crown currently receives royalties from two mines, with another projected to begin producing revenues for Silver Crown in 2025, pending successful closing of the definitive agreement.

‘We are excited to begin trading on the Cboe Canada stock exchange,’ said Peter Bures, CEO of Silver Crown. ‘We believe Cboe’s exposure will help our objective of lowering our cost of capital, and creating both customer awareness and liquidity for investors, ultimately unlocking shareholder value.’

Investors can trade shares of Cboe-Listed SCRI through their usual investment channels, including discount brokerage platforms and full-service dealers.

‘Silver Crown is helping mining companies propel their operations forward by offering real, useable capital in exchange for the revenue generated from a byproduct of their operations,’ noted Joacim Wiklander, Head of Global Listings at Cboe Global Markets. ‘Congratulations to Silver Crown on taking this critical step forward in their capital markets journey. We are honoured to be selected as their exchange of choice during this pivotal time and look forward to providing superior liquidity, enhanced investor exposure, and world-class support and service. Welcome to Cboe!’

Cboe Canada is home to over 300 unique listings, including some of the most innovative Canadian and international growth companies, ETFs from Canada’s largest ETF issuers, and Canadian Depositary Receipts (CDRs). Cboe consistently facilitates 15% of all volume traded in Canadian listed securities. For a complete view of all securities listed on Cboe Canada, click here .

About Cboe Canada

Cboe Canada is Canada’s Tier 1 stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists companies and investment products 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.

Connect with Cboe Canada: Website | LinkedIn | X | Instagram | Facebook

About Silver Crown Royalties

Founded by industry veterans, SCRi is a 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.

Connect with Silver Crown Royalties: Website | LinkedIn

View source version on businesswire.com: https://www.businesswire.com/news/home/20240725240925/en/

Cboe Canada Media Contact:
media@cboe.ca

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

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