Mr. Peter Bures reports

SILVER CROWN ROYALTIES CLOSES $4.5M PRIVATE PLACEMENT AT PREMIUM TO MARKET WITH INVESTORS INCLUDING MICHAEL GENTILE

Silver Crown Royalties Inc. has closed the previously announced $4.5-million non-brokered private placement of common shares of the company. Pursuant to the offering, two investors subscribed for an aggregate of 321,429 common shares at a price of $14 per common share, including Michael Gentile, who subscribed for 219,150 common shares.

No finder's fee or other consideration is payable by the corporation in connection with the offering.

Peter Bures, chief executive officer of the corporation, commented: "We're very pleased with the premium-to-market financing that saw Mr. Gentile increase his partially diluted interest in Silver Crown to just under 20 per cent. This is a very strong vote of confidence in our company by a leading investor in the mineral resource sector. Our cash position allows us to continue to pursue a number of transactions and to aggressively grow the company."

Following completion of the offering, the company has 5,366,550 issued and outstanding common shares and the company's cash position sits at approximately $14.2-million, inclusive of the current market value of 15,000 ounces of silver bullion.

The proceeds from the offering will be allocated primarily toward specific accretive silver royalties the company has identified. The common shares issued pursuant to the offering will be subject to a statutory hold period of four months plus a day following the date hereof.

Early warning requirements

As required by National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Mr. Gentile has filed an early warning report in connection with its acquisition of common shares pursuant to the offering.

Prior to the completion of the offering, Mr. Gentile owned 437,500 common shares, 424,500 warrants and 50,000 stock options, representing approximately 9.89 per cent of the issued and outstanding common shares on an undiluted basis, and 16.52 per cent of the issued and outstanding common shares on a partially diluted basis. Following completion of the offering, Gentile owned 656,650 common shares, 424,500 warrants and 50,000 stock options, representing approximately 12.15 per cent of the issued and outstanding common shares on an undiluted basis, and 19.36 per cent of the issued and outstanding common shares on a partially diluted basis. The common shares were acquired for investment purposes.

Copies of the early warning report with respect to the foregoing will appear on the company's profile on SEDAR+.

About Silver Crown Royalties Inc.

Founded by seasoned industry professionals, Silver Crown Royalties is a publicly traded silver royalty company dedicated to generating free cash flow. Silver Crown currently holds five silver royalties. Its business model offers investors exposure to precious metals, providing a natural hedge against currency devaluation while mitigating the adverse effects of production-related cost inflation. The company strives to minimize the economic burden on mining projects while simultaneously maximizing shareholder returns.

We seek Safe Harbor.