Santacruz Silver Commences Drilling Campaign at Lomo del Toro Zone, Zimapan Mine
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") provides an update on underground exploration activities on the Horizontes mineral zone (the historical "Lomo del Toro" zone) at the Zimapan mine, Mexico, where diamond drilling has commenced. The 22 hole, 3,400-meter drilling program is targeting mantos-style as well as chimney- and skarn-style mineralization along the projected 200-meter strike length of the...
2021-05-19 7:45 AM EDT
Santacruz Silver Reports Q1 2021 Production of 706,978 Silver Equivalent Ounces
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports its operating results from the Zimapan Mine located in Zimapan, Hidalgo, Mexico and the Rosario Project located in Charcas, San Luis Potosi, Mexico, for the first quarter 2021 ("Q1"). The Company is not including production from the Veta Grande Project in this report as operations at Veta Grande were suspended during Q1 2020. Production Highlights:...
2021-05-13 7:45 AM EDT
Santacruz Silver Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") announces that it has granted a total of 16,250,000 stock options to its directors, officers, employees, consultants and advisors. The stock options, which are subject to the terms and conditions of the Company's stock option plan, have a five-year term, are exercisable at $0.47 per share and subject to certain vesting requirements.About Santacruz Silver Mining...
2021-05-07 2:14 PM EDT
Santacruz Silver Reports Fourth Quarter / Year-End 2020 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") reports on its financial and operating results for the fourth quarter ("Q4") of 2020 and for the 2020 fiscal year. The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All financial information is prepared in...
2021-05-06 7:45 AM EDT
Santacruz Completes Acquisition of Zimapan Mine and Debt Financing
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to report that it has completed the previously announced acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of Grupo Peñoles. The transaction was funded in part by a US$17.6 million loan facility (the "Trafigura Loan Facility") provided by Trafigura Mexico, S.A. de C.V. (the...
2021-04-26 7:45 AM EDT
Santacruz Provides Update on Zimapan Acquisition
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (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 about April 23, 2021.Pursuant to the definitive purchase agreement dated February 24, 2021 (the...
2021-04-19 7:45 AM EDT
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...
2021-04-13 7:45 AM EDT
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...
2021-04-06 7:45 AM EDT
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...
2021-03-18 7:45 AM EDT
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...
2021-03-04 4:10 PM EST
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...
2021-02-25 6:00 AM EST
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%...
2021-02-02 8:45 AM EST
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...
2020-12-15 8:45 AM EST
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...
2020-11-30 8:45 AM EST
Santacruz Silver Achieves Record Production of 394,160 Silver Equivalent Ounces in October
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that total consolidated production for the month of October of 2020 reached 394,160 silver equivalent ounces ("AgEq") at the Zimapan Mine and Rosario Mine in Mexico.Mr. Carlos Silva, CEO, stated: "After recently closing our private placement and securing new underground equipment, our mines immediately saw efficiency and production...
2020-11-18 8:00 AM EST
Santacruz Silver Produces 977,679 Silver Equivalent Ounces in the Third Quarter
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that total production in the third quarter of 2020 reached 977,679 silver equivalent ounces ("AgEq"), representing a 38% increase from Q2 2020 as operations returned to normal. During Q2 2020, Mexico's Ministry of Health issued a federal decree requiring all non-essential businesses, including mining, to temporarily suspend...
2020-10-26 8:45 AM EDT
Santacruz Recognized by the Initiative for Responsible Mining Assurance for Its Achievement in Transparency
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that its wholly owned subsidiary Carrizal Mining has been recognized by the Initiative for Responsible Mining Assurance ("IRMA") for Transparency after an audit for compliance against the IRMA Standard for Responsible Mining. Transparency is the first of four levels of IRMA's social and environmental performance system. The audit has...
2020-10-21 8:45 AM EDT
Santacruz Announces Closing of Second and Final Tranche of Previously Announced Private Placement for CDN$10.00 Million with a Lead Order from Palisades Goldcorp
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering previously announced on September 21st, and upsized on September 30th and October 7th 2020 (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...
2020-10-16 1:00 PM EDT
Santacruz Anounces Closing of First Tranche of Previously Announced Private Placement with a Lead Order from Palisades Goldcorp and Upsizing to CDN$10.0 Million
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that it has closed the first tranche of 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 34,678,541 Units at a price of $0.22 per Unit for gross proceeds of...
2020-10-07 4:30 PM EDT
Santacruz Announces Upsizing of Previously Announced Private Placement to CDN$9.5 Million
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - 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 of the Company to CDN$9.5 million (the "Private Placement").The Private Placement will consist of up to 43,181,818 units (the "Units") at a purchase price of C$0.22 per Unit, for gross proceeds...
2020-09-30 4:27 PM EDT