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Silver Crown Royalties acquires 90% silver royalty on Soma Gold's El Bagre mine for $10M, boosting revenue forecast.

Company Fundamentals
02 Nov 2026, 10:00 WIB
TheNewswire
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Bullish
Silver Crown Royalties acquires 90% silver royalty on Soma Gold's El Bagre mine for $10M, boosting revenue forecast.

Silver Crown Royalties has signed a definitive agreement to acquire a royalty on 90% of the silver produced at Soma Gold's El Bagre Gold Mining Complex in Colombia for $10 million USD. This producing asset has a long operating history and the deal includes minimum silver deliveries totaling 305,500 ounces over about five and a half years, with the royalty converting to a 7.5% net smelter return thereafter. The acquisition is expected to immediately increase Silver Crown's silver revenue by 29% in 2027 and 57% in 2028, diversifying its portfolio and adding a third producing jurisdiction. The transaction is structured in two tranches, with closing expected by November 30, 2026, subject to customary conditions.

Silver Crown Royalties' new royalty acquisition is noted alongside Pluang's Basic Materials sector performance. For readers following Basic Materials, here is Pluang's market snapshot as of Nov 02, 2026 15:11 WIB: out of 83 priced US stocks, 57 rose and 25 fell. Notable movers include SQM at USD 55.00 with a -6.68% change, Franco-Nevada Corporation (FNV) at USD 224.95 down 5.80%, and Constellium SE (CSTM) at USD 23.11 down 5.40%. Typical hold times range from 10 to 24 days on Pluang.

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