Santacruz Silver Mining Ltd.

Recent News

  • Santacruz Announces Closing of Previously Announced Private Placement for CDN$14 Million with a Lead Order from Palisades Goldcorp

    Vancouver, British Columbia--(Newsfile Corp. - April 13, 2021) -  Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that it has closed its previously announced non-brokered private placement offering (the "Private Placement") of units of the Company (each, a "Unit") with a lead order from Palisades Goldcorp Ltd. The Company issued an aggregate of 46,965,000 Units at a price of $0.30 per Unit for gross proceeds of $14,089,500.Each Unit consists of one common share of...

    2021-04-13 7:45 AM ET
  • Santacruz Provides Update on Zimapan Mine Acquisition and Related Debt Financing, and Private Placement With A Lead Order From Palisades Goldcorp

    Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") announces that the acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), together with the US$17.6 million loan facility from Trafigura Mexico, S.A. de C.V. (the "Trafigura Loan Facility"), are now expected to close on or before April 16, 2021. These transactions were last described in the Company's news release dated February 25, 2021.Pursuant to...

    2021-04-06 7:45 AM ET
  • Santacruz Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp

    Vancouver, British Columbia--(Newsfile Corp. - March 18, 2021) -  Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that due to strong investor demand it has increased the size of its previously announced non-brokered private placement offering of units to CDN$14.1 million (the "Private Placement"), with a lead order from Palisades Goldcorp.The Private Placement will now consist of up to 47,000,000 units (the "Units") at a purchase price of CDN$0.30 per Unit, for gross proceeds...

    2021-03-18 7:45 AM ET
  • Santacruz Announces $12 Million Private Placement With A Lead Order from Palisades Goldcorp

    Vancouver, British Columbia--(Newsfile Corp. - March 4, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce a non-brokered private placement (the "Private Placement") for up to 40,000,000 units (the "Units") at a purchase price of C$0.30 per Unit, for gross proceeds to the Company of up to C$12,000,000, with a lead order from Palisades Goldcorp Ltd. Each Unit will consist of one common share of the Company and one common share purchase warrant...

    2021-03-04 5:10 PM ET
  • Santacruz Silver Enters Definitive Agreement to Acquire the Zimapan Mine and Arranges Financing For Transaction

    Vancouver, British Columbia--(Newsfile Corp. - February 25, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTC: SZSMF) (FSE: 1SZ) (the "Company" or "Santacruz") reports that its wholly-owned subsidiary, Carrizal Mining S.A. de C.V. ("Carrizal"), has entered into a definitive agreement (the "P&S Agreement") with Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Industrias Peñoles, S.A.B. de C.V., to acquire (the "Acquisition") the Zimapan property and related assets (the "Zimapan Mine") located in Zimapan, Hidalgo State, Mexico...

    2021-02-25 7:00 AM ET
  • Santacruz Silver Produces Record 3.7 Million Silver Equivalent Ounces in 2020

    Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) -  Santacruz Silver Mining Ltd. (TSXV: SCZ) (OTC: SZSMF) (FSE: 1SZ) (the "Company" or "Santacruz") reports operating results from the Zimapan Mine in Zimapan Hidalgo, and the Rosario Project in Charcas, San Luis Potosi, located in Mexico, for the fourth quarter ("Q4") and year ended December 31, 2020 and provides an operations update.Production Highlights: Silver equivalent (AgEq) consolidated annual production increased by 30% to 3,655,320 AgEq ounces (2019 - 2,829,459 AgEq ounces),...

    2021-02-02 9:45 AM ET
  • Santacruz Silver Reaches Agreement to Extend Zimapan Mine Lease and Updates Status of Zimapan Mine Acquisition

    Vancouver, British Columbia--(Newsfile Corp. - December 15, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that its wholly-owned subsidiary, Carrizal Mining S.A. de C.V. ("Carrizal"), has reached agreement with Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Industrias Peñoles, S.A.B. de C.V., to extend the current mine lease on the Zimapan Mine from December 31, 2020 to June 30, 2021.In a related matter, the Company advises that it and Minera Cedros...

    2020-12-15 9:45 AM ET
  • Santacruz Silver Reports Third Quarter 2020 Financial Results

    Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") reports on operating and financial results of the Zimapan Mine in Zimapan Hidalgo Mexico and the Rosario Project in San Luis Potosi, Mexico for the third quarter of 2020. The full version of the financial statements and accompanying management's discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts...

    2020-11-30 9:45 AM ET