Mr. Peter Bures reports

SILVER CROWN ROYALTIES EXPANDS PORTFOLIO THROUGH THIRD 1% NSR TITIMINAS ROYALTY ACQUISITION

Silver Crown Royalties Inc. has entered into a definitive royalty purchase and sale agreement dated Sept. 2, 2026, with the holder of a third existing privately held 1-per-cent net smelter return royalty on Titiminas Silver Inc.'s Madre Sierra deposit in Jauja, Peru.

The agreement provides for Silver Crown's acquisition of the royalty for cash consideration of $2-million (U.S.) payable at the closing of the transaction, plus: (i) $1-million (U.S.) payable at closing through the issuance of 38,401 units of Silver Crown, each composed of one common share of Silver Crown and one-half of one common share purchase warrant, at a price per unit equal to the volume-weighted average trading price of the common shares on Cboe Canada for the five trading days immediately preceding the date of the agreement, with each whole warrant entitling the holder thereof to acquire one common share at an exercise price equal to 150 per cent of the closing issue price for a period of 24 months following closing; and (ii) $1-million (U.S.) of contingent consideration to be satisfied through the issuance of additional units on the same one-share-and-one-half-warrant basis upon Silver Crown's receipt of the first royalty payment under the royalty following not fewer than 30 days of continuous production at a rate of at least 70 tonnes per day, at a price per unit equal to the five-trading-day volume-weighted average trading price of the common shares immediately preceding such trigger date, with each whole warrant exercisable at 150 per cent of the issue price for a period of 24 months following such date.

All securities issuable in connection with the transaction are subject to the approval of Cboe Canada and will be issued on a prospectus-exempt basis, subject to applicable statutory hold periods and resale restrictions.

Closing is expected to occur on or before Oct. 31, 2026, and is subject to customary conditions precedent and the approval of Cboe Canada, as well as the registration of the royalty on title to the project.

Peter Bures, chief executive officer, commented: "Our initial intent was to acquire the complete royalty package and eventually restructure the existing royalty into a silver-only royalty as per our mandate. Once this acquisition is completed, we intend to move forward with our silver-only strategy on Titiminas's Madre Sierra project. In time, we believe this royalty will become a very significant silver ounce contributor for our company."

About Silver Crown Royalties Inc.

Founded by industry veterans, Silver Crown Royalties is a publicly traded, silver royalty company. Silver Crown currently has six silver royalties, of which three are revenue-generating. Its business model presents investors with precious metal exposure that allows for a natural hedge against currency devaluation while minimizing the negative impact of cost inflation associated with production. Silver Crown endeavours to minimize the economic impact on mining projects while maximizing returns for shareholders.

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