Silver Crown Royalties Inc. (SCRi) has reached an agreement with Elk Gold Mining Corp. (Elk Gold), a wholly owned subsidiary of Gold Mountain Mining Corp., to amend the payment terms of its royalty agreement from May 11, 2023 to the fourth quarter of 2023 and the first and second quarters of 2024. Elk Gold paid an initial $10,000 cash payment to Silver Crown on July 25, 2024, and the remaining $121,483.86 that will be payable to SCRi through the terms of the Royalty Agreement as of July 30, 2024. Silver Crown expects regular quarterly royalty payments to resume on October 30, 2025.

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