Santacruz Announces $6 Million Private Placement with Lead Order from Palisades Goldcorp
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") is pleased to announce a non-brokered private placement (the "Private Placement") for up to 27,272,727 units (the "Units") at a purchase price of C$0.22 per Unit, for gross proceeds to the Company of up to C$6,000,000 with a lead order from Palisades Goldcorp Ltd. for C$3,000,000. Each Unit will consist of one common share of the Company and...
2020-09-21 8:45 AM EDT
Santacruz Silver Reports Second Quarter 2020 Financial Results and Resignation of Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") reports on the operating and financial results Zimapan Mine in Zimapan Hidalgo Mexico and the Rosario Project in San Luis Potosi, Mexico for the second 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...
2020-09-01 8:45 AM EDT
Santacruz Silver Reports Filing of Zimapan NI 43-101 Report and IRMA Certificate
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") announces that it is filing on SEDAR today an independent NI 43-101 Technical Report titled "Technical Report Zimapan Property Hidalgo Mexico" (the "Report"). The Report, which was prepared as part of the filings required by the TSX Venture Exchange (the "TSXV") in connection with the planned acquisition by the Company of the Zimapan property...
2020-08-25 8:45 AM EDT
Santacruz Silver Reports Second Quarter 2020 Production Results
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports production in the second quarter of 2020 was 709,765 silver equivalent ounces, representing a 105% increase compared with Q2 2019 and a 27% decrease compared to Q1 2020. Both Q2 2020 and Q1 2020 production results include 100% of the Zimapan Mine's quarterly production whereas the Q2 2019 results do not include any production from the Zimapan Mine...
2020-08-10 10:05 AM EDT
Santacruz Silver Signs Agreement to Acquire the Zimapan Mining Assets from Grupo Penoles
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") through its wholly owned subsidiary, Carrizal Mining, S.A. de C.V. ("Carrizal"), has entered into a legally binding term sheet (the "Term Sheet") with Minera Cedros, S.A. de C.V. ("Minera Cedros"), a wholly owned subsidiary of IndustriasPeñoles, S.A.B. de C.V. to acquire (the "Transaction") the Zimapan property and related assets (the "Zimapan Mine") located...
2020-07-28 8:45 AM EDT
Santacruz Silver to Sell Zacatecas Property to Seasoned Mining Team
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) ("Santacruz" or the "Company") is pleased to announce that it has entered into an agreement with Zacatecas Silver Corp. ("Zacatecas Silver") for the sale of a 100% interest in the Zacatecas Properties (the "Properties"), located in the Zacatecas Mining District, Mexico, for consideration of US $1.5 million and the issuance of 5,000,000 common shares of Zacatecas Silver. Zacatecas Silver is...
2020-07-23 8:45 AM EDT
Santacruz Silver Reports First Quarter 2020 Financial and Production Results
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports on the operating and financial results from its Mexican mining operations for the first 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 are in thousands of US dollars unless...
2020-07-14 8:45 AM EDT
Santacruz Silver Reports Fourth Quarter / Year-End 2019 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports on its financial and operating results for the fourth quarter ("Q4") of 2019 and for the 2019 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 accordance...
2020-06-17 9:53 AM EDT
Santacruz Silver Announces Extension of Filing Deadline for its First Quarter 2020 Financial Statements and MD&A
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its condensed consolidated interim financial statements for the three-month period ended March 31, 2020 and accompanying management's discussion and analysis and related CEO and CFO certificates (collectively, the "Q1 2020 Filings"), which are...
2020-05-29 7:38 PM EDT
Santacruz Silver Announces Planned Resumption of Operations at Zimapan Mine; Completes Organizational Changes
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that it has commenced preparations to resume mining and milling operations at the Zimapan Mine located in Zimapan, Hidalgo State, Mexico on or about May 19, 2020. Operations at the Zimapan Mine were temporarily halted in April (see news release dated April 21, 2020) in response to the global Covid-19 pandemic.The Mexican government has authorized the...
2020-05-13 8:45 AM EDT
Santacruz Silver Announces Extension of Filing Deadline for its Annual Financial Statements and MD&A
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the "Company" or "Santacruz") announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its annual consolidated financial statements and accompanying management's discussion and analysis and related CEO and CFO certificates for the financial year ended December 31, 2019 (collectively, the "Annual Filings"), which are...
2020-04-27 8:45 AM EDT
Santacruz Silver Provides Update on Developments Related to Covid-19 Response; Suspends Operations at Zimapan Mine Until April 30, 2020
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that in response to the global Covid-19 pandemic, it has temporarily suspended its mine, mill and exploration activities at the Zimapan mine in Zimapan, Hidalgo, Mexico. The suspension of operations is strictly proactive as no cases of Covid-19 have been documented at the Zimapan mine. Subject to government regulations and other health expert input,...
2020-04-21 8:45 AM EDT
Santacruz Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that, further to its news release dated February 25, 2020, the Company will not be completing any additional tranches of its previously announced non-brokered private placement. The Company raised gross proceeds of C$734,150 from the sale of 6,117,917 units (the "Units") pursuant to the private placement at price of C$0.12 per Unit. Each Unit...
2020-04-09 8:45 AM EDT
Santacruz Silver Temporarily Suspends Milling Operations at Its Veta Grande Mine to Complete Capital Upgrades
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") announces that, following a review of its Veta Grande Mine operations in Zacatecas, Mexico the Company has decided to suspend the operation of the processing facility for approximately six months to facilitate plant and new tailings storage facility ("TSF") upgrades. "While we are continuing with the geotechnical evaluations and assessments of the remaining...
2020-03-10 5:32 PM EDT
Santacruz Closes First Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that further to its press release dated February 13, 2020 it has closed the first tranche of its non-brokered C$3.0 million private placement (the "Private Placement"). The Company raised gross proceeds of C$734,150 from the sale of 6,117,917 units (the "Units") pursuant to the first tranche of the Private Placement at price of C$0.12 per Unit....
2020-02-25 8:45 AM EST
Santacruz Announces $3.0 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") announces that it will conduct a non-brokered private placement (the "Private Placement") of up to 25,000,000 units (the "Units") at a purchase price of C$0.12 per Unit, for gross proceeds to the Company of up to C$3,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will...
2020-02-13 4:00 PM EST
Santacruz Silver Reports 2019 Annual Production of 2,829,459 Silver Equivalent Ounces
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2020) - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports its operating results from the Zimapan Project in Zimapan Hidalgo, the Veta Grande Project in Zacatecas, and Rosario Project in Charcas, San Luis Potosi, all located in Mexico, for the fourth quarter ("Q4") and year ended December 31, 2019 and provides an operations update.Production Highlights: Total production reached 2.8 million equivalent...
2020-01-28 8:45 AM EST
Santacruz Silver Acquires La Pechuga Project Adjacent to Zimapan Mine, Hidalgo,Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that its Mexican subsidiary, Carrizal Mining, S.A de C.V. ("Carrizal"), has acquired by staking the La Pechuga property (the "Property") located adjacent to the Zimapan Mine at Zimapan, Hidalgo, Mexico. The Property is comprised of one mining concession that covers a land area of approximately 3,025 hectares and is located 25 kilometers southeast...
2020-01-20 8:45 AM EST
Santacruz Silver Reports Third Quarter 2019 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2019) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports on the operating and financial results from its Mexican mining operations for the third quarter of 2019. 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 are in thousands of US dollars unless...
2019-12-02 8:45 AM EST
Santacruz Silver Produces 956,482 Silver Equivalent Ounces in Third Quarter
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2019) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") reports that the Company's total production in the third quarter of 2019 reached 956,482 silver equivalent ounces, representing a 176% increase compared with Q2 2019 and a 381% increase compared to Q3 2018. The Q3 2019 production figure includes only 50% of the Zimapan mine's quarterly production as Santacruz did not complete the acquisition of the final...
2019-10-30 8:45 AM EDT