SilverCrest Announces C$75 Million Bought Deal Financing

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VANCOUVER, BC – March 11, 2020 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by National Bank Financial Inc., Eight Capital Corp. and Scotia Capital Inc., pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 9,100,000 common shares of the Company (“Shares”) at a price of C$8.25 per Share for aggregate gross proceeds to the Company of C$75,075,000 (the “Offering”).

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