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Santacruz Completes Acquisition of Zimapan Mine and Debt Financing

Santacruz Completes Acquisition of Zimapan Mine and Debt Financing
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Santacruz Silver Mining Ltd.: Santacruz Provides Update on Zimapan Acquisition

Santacruz Silver Mining Ltd.: Santacruz Provides Update on Zimapan Acquisition
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 Purchase Agreement ) between the Company s wholly-owned subsidiary, Carrizal Mining, S.A. de C.V. ( Carrizal ), and Minera Cedros, closing of the acquisition of the Zimapan mine, including payment by Carrizal of US$15 million of the purchase price, is required to occur within 60 days of the date of the Purchase Agreement, being April 26, 2021. The US$15M payment will be funded by the Trafigura Loan Facility. The balance of the total US$20 million (plus applicable M ....

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Santacruz Silver Mining Ltd.: 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 ....

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Santacruz Silver Mining : Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp

Santacruz Silver Mining : Announces Upsizing of Previously Announced Private Placement to CDN$14.1 Million With A Lead Order From Palisades Goldcorp
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Santacruz Silver Mining Ltd.: Santacruz Provides Update on Zimapan Mine Acquisition and Related Debt Financing, and Private Placement With A Lead Order From Palisades Goldcorp

Santacruz Silver Mining Ltd.: Santacruz Provides Update on Zimapan Mine Acquisition and Related Debt Financing, and Private Placement With A Lead Order From Palisades Goldcorp
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 the definitive purchase agreement dated February 24, 2021 (the Purchase Agreement ) between the Company s wholly-owned subsidiary, Carrizal Mining S.A. de C.V. ( Carrizal ), and Minera Cedros, closing of the acquisition of the Zimapan mine, including payment by Carrizal of US$15 million of the purchase price, is required to occ ....

United Kingdom , British Columbia , Arturo Prestamo , Cv Minera Cedros , Minera Cedros , Company Or Santacruz , Santacruz Silver Mining Ltd , British Columbia Newsfile Corp , Regulation Services Provider , Venture Exchange , Silver Mining , Trafigura Mexico , Purchase Agreement , Trafigura Loan , Mexican Value Added Tax , Palisades Goldcorp , Zimapan Mine , Santa Cruz , Gold Corp , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , சுயவிவரம் மினரா சேதிரோஸ் , மினரா சேதிரோஸ் , நிறுவனம் அல்லது சந்தகிருஜ் , சந்தகிருஜ் வெள்ளி சுரங்க லிமிடெட் , ஒழுங்குமுறை சேவைகள் வழங்குநர் ,