SCZ. Santacruz Silver Mining

Santacruz Silver Mining Ltd. Issues Shares in Previously Announced Debt Settlement

Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (OTC Pink: SZSMF) ("Santacruz", or the "Company") announces that it has closed two shares for debt transactions (the "Debt Settlements") pursuant to the terms of debt settlement agreements entered into with Empresa Minera Manquiri, S.A. and Minas Güilloyna, S.A. de C.V., respectively, as previously announced on June 7, 2021. Pursuant to the two transactions, the Company settled aggregate debt of $4,468,005.10 (the "Debt") through the issuance of 10,342,604 common shares in the capital of the Company ("Common Shares") at a price of $0.432 per Common Share. The TSX Venture Exchange has approved the Debt Settlements.

By issuing the Common Shares, the Debt has been definitively extinguished.

About Santacruz Silver Mining Ltd.

Santacruz is a Mexican focused silver company with two producing silver projects, (Zimapan and Rosario) and two exploration properties, the La Pechuga property and Santa Gorgonia prospect. The Company is managed by a technical team of professionals with proven track records in developing, operating and discovering silver mines in Mexico. Our corporate objective is to become a mid-tier silver producer.

'signed'

Arturo Préstamo Elizondo,
Executive Chairman

For further information, please contact:

Arturo Prestamo
Santacruz Silver Mining Ltd.
Email:
Telephone: (604) 569-1609

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit .

EN
15/07/2021

Underlying

SCZ.Santacruz Silver Mining

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Santacruz Silver Mining

Ben Pirie ... (+3)
  • Ben Pirie
  • Nicholas Cortellucci
  • CFA
TEM. TEMBO GOLD CORP
DRX ADF GROUP INC. ... (+25)

Q2/25 Recap: All Our Research in One Place!

Quarterly Coverage Update Q2/25 was another strong quarter for Atrium, with continued outperformance from the precious metals space, once again led by silver equities. Our coverage universe climbed 27% on average during the quarter and is up 80% over the last year, compared to the TSX which rose 7% and 23%, respectively. This builds on the 13% gain from our coverage in Q1/25. Top performers include Santacruz Silver (+102%), Allegiant Gold (+79%) and Capitan Silver (+77%). Atrium Research was a...

TEM. TEMBO GOLD CORP
DRX ADF GROUP INC.
ARG. AMERIGO RESOURCES LTD.
CUU COPPER FOX METALS INC.
MINEROS MINEROS
EDG. ENDURANCE GOLD
SCZ. SANTACRUZ SILVER MINING
KNR. KONTROL ENERGY CORP
RTP. RIO TINTO PLC CEDEAR
GIGA GIGA METALS
APM ANDEAN PRECIOUS METALS CORP
PNTZF TRIGON METALS INC.
OMG OMAI GOLD MINES CORP
BQE BQE WATER INC.
DNG DYNACOR GROUP INC.
MOO MOON RIVER MOLY LTD
AUAU ALLEGIANT GOLD
FISH SAILFISH ROYALTY CORP.
CAPT CAPITAN SILVER CORP
SBIO SABIO HOLDINGS
KRI INC. (SBIO)
TSXV:NIM KOBO RESOURCES INC.
TSXV:RIO NICOLA MINING INC.
CEAD RIO2 LIMITED
CEA INDUSTRIES INC
07/02/25 July 2, 2025 1 EN
Ben Pirie
  • Ben Pirie
TEM. TEMBO GOLD CORP
ARG. Amerigo Resourc... ... (+20)

Mining Monthly: June Edition

What you need to know: • The mining sector posted another solid month in June with gold breaking its streak of gains but silver and copper performing well. This was led by increased geopolitical uncertainty, continued government spending, and potential for lower interest rates. • Gold was down 2%, silver was up 4%, and copper was up 5% compared to the GDX up 3%, GDXJ up 4%, SILJ up 12%, and COPX up 10%. • Financings remained strong in June led by a $200M equity raise for the Sprott Physical Uran...

TEM. TEMBO GOLD CORP
ARG. AMERIGO RESOURCES LTD.
CUU COPPER FOX METALS INC.
MINEROS MINEROS
EDG. ENDURANCE GOLD
SCZ. SANTACRUZ SILVER MINING
RTP. RIO TINTO PLC CEDEAR
GIGA GIGA METALS
TOC TOCVAN VENTURES
APM ANDEAN PRECIOUS METALS CORP
PNTZF TRIGON METALS INC.
OMG OMAI GOLD MINES CORP
DNG DYNACOR GROUP INC.
MOO MOON RIVER MOLY LTD
AUAU ALLEGIANT GOLD
FISH SAILFISH ROYALTY CORP.
CAPT CAPITAN SILVER CORP
KRI KOBO RESOURCES INC.
TSXV:NIM NICOLA MINING INC.
TSXV:RIO RIO2 LIMITED
07/02/25 July 2, 2025 1 EN
Ben Pirie
  • Ben Pirie
SCZ. Santacruz Silve...

SCZ: Q1 Financials Beat on Major Cost Improvements

What you need to know: • SCZ reported Q1 financial results that beat our estimates due decreased costs and the increased silver price. • Santacruz reported Q1 revenue of $70.3M (+34% YoY) vs. our estimate of $69.9M and adjusted EBITDA of $27.5M (vs. negative numbers in Q1/24) beating our estimate of $14.4M. • Cash costs and AISC came in well below expectations, highlighting the effects of management’s operational improvements over the last year. Yesterday, Santacruz Silver (SCZ:TSXV) announced ...

SCZ. SANTACRUZ SILVER MINING
06/13/25 June 13, 2025 1 EN
Ben Pirie
  • Ben Pirie
SCZ. Santacruz Silve...

SCZ: Seasonally Weak Q1, Stronger Results Moving Forward

What you need to know: • Santacruz reported its Q1/25 production results, missing our expectations due to pronounced seasonality and various operational challenges which have now been resolved. • AgEq production came in at 3.7Moz compared to our estimate of 4.5Moz, representing -10% QoQ and -5% YoY. • SCZ is up 217% since our initiation report, yet still remains mispriced, in our view. We are increasing our target price to C$1.30/share based on 6x 2025E OCF. This morning, Santacruz Silver Minin...

SCZ. SANTACRUZ SILVER MINING
06/09/25 June 9, 2025 1 EN
Ben Pirie
  • Ben Pirie
TEM. TEMBO GOLD CORP
ARG. Amerigo Resourc... ... (+18)

Mining Monthly: May Edition

What you need to know: • The metals and mining market continued its strong run in May, driven by inflationary concerns due to the trade war and geopolitical tensions. • In May, gold was up 1.8%, silver was up 1.7%, and copper was also up 1.7%. The equities outperformed the commodities, with the GDX up 3.3%, GDXJ up 6.4%, SIL up 5.9%, and COPX up 8.7%. • Financings remained elevated during May, with multiple juniors raising over $10M as generalist capital returns to the sector. • M&A activity con...

TEM. TEMBO GOLD CORP
ARG. AMERIGO RESOURCES LTD.
EDG. ENDURANCE GOLD
SCZ. SANTACRUZ SILVER MINING
RIO RIO TINTO PLC
GIGA GIGA METALS
TOC TOCVAN VENTURES
APM ANDEAN PRECIOUS METALS CORP
PNTZF TRIGON METALS INC.
OMG OMAI GOLD MINES CORP
DNG DYNACOR GROUP INC.
MOO MOON RIVER MOLY LTD
AUAU ALLEGIANT GOLD
FISH SAILFISH ROYALTY CORP.
CAPT CAPITAN SILVER CORP
KRI KOBO RESOURCES INC.
TSXV:NIM NICOLA MINING INC.
TSXV:RIO RIO2 LIMITED
06/02/25 June 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch