EDM Closes Silver Royalty Sale

Group 1 - EDM Resources Inc. has successfully closed a silver royalty sale to Silver Crown Royalties Inc., receiving an initial payment of C$250,000 and 60,000 units in Silver Crown [1][2] - The total cash payment for the royalty is C$500,000, with the remaining C$250,000 to be paid within 30 days of closing [3] - The 60,000 units issued to EDM by SCRi are valued at C$10.00 per unit, each consisting of one common share and a warrant to purchase an additional share at C$13.00 for 36 months [4] Group 2 - SCRi operates as a silver royalty company and is listed on multiple stock exchanges, including CBOE Canada and Frankfurt [2] - The royalty agreement specifically pertains to silver production at the Scotia Mine and does not cover other minerals such as zinc, lead, gypsum, or gold [2] - EDM Resources Inc. holds full ownership of the Scotia Mine and has several exploration licenses in the surrounding regions of Nova Scotia [5]