EDM CLOSES SILVER ROYALTY SALE
Aug 13, 2025
Halifax, Nova Scotia, August 13, 2025 – EDM Resources Inc. (TSX-V: EDM; FSE: P3Z) (“EDM” or the “Company”) is pleased to announce that it has closed its previously announced royalty sale to Silver Crown Royalties Inc. (“SCRi”).
“We are pleased to have closed our silver royalty with Silver Crown having received the first installment of C$250,000 and also 60,000 Units in Silver Crown.” said, Mr. Mark Haywood, President & CEO.
SCRi is a silver royalty company listed on the CBOE Canada, OTCQX and Frankfurt stock exchanges under the symbol SCRI, SLCRF and QS0 respectively.
SCRi is at arm’s length to the Company, and no finder’s fees were paid in respect of the royalty sale. The royalty does not apply to any zinc, lead, gypsum or gold produced at the Company’s Scotia Mine, but only to silver which may be produced in the course of mining for other minerals at the Scotia Mine.
The Silver Royalty Agreement
SCRi is required to pay EDM C$500,000 in cash for the Royalty, of which C$250,000 was paid at closing and the balance of which will be paid within 30 days of closing.
SCRi has also issued 60,000 units (“SCRI Units”) to EDM at closing at a deemed price of C$10.00 per SCRI Unit. Each SCRI Unit is comprised of one common share of SCRI and one share purchase warrant entitling EDM to acquire an additional common share of SCRI at a price of C$13.00 per share for a period of 36 months from the closing date.

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