Under the terms of the LOI, Silver Crown will acquire the royalty for US$3,000,000 in cash and US$2,000,000 in Silver Crown units at C$6.50 per unit (the " Units ") or the 5-day volume-weighted ...

Silver Crown will receive the greater of 90% of the silver from PGDM and the cash equivalent of 16,000 ounces of silver per year over a ten-year period for an upfront cash payment of US$2,000,000.