Santacruz Silver Closes Third and Final Tranche of Non-Brokered Private Placement

http://www.santacruzsilver.com/s/news_releases.asp?ReportID=730074

VANCOUVER, B.C – November 12, 2015 – Santacruz Silver Mining Ltd. (TSXV:SCZ) (OTCQX: SZSMF) (“Santacruz Silver” or the “Company”) is pleased to announce that it has closed the third and final tranche of its previously announced non-brokered private placement (the “Private Placement”).

In connection with the closing of this final tranche of the Private Placement, the Company has issued 1,076,000 common shares at a price of $0.13 per common share for gross consideration of C$139,880.00.

The common shares issued pursuant to the Private Placement are subject to a hold period expiring on March 13, 2016. 

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