Santacruz Restructures Silver Pre-Payment Agreement and Announces Equity Financing

http://www.stockhouse.com/news/press-releases/2016/06/15/santacruz-restructures-silver-pre-payment-agreement-and-announces-equity

Santacruz Silver Mining Ltd. (“Santacruz” or the “Company”) (TSX VENTURE:SCZ)(FRANKFURT:1SZ) announces that it has entered into a memorandum of understanding (“MOU”) with JMET LLC (“JMET”) to restructure the terms of its current Pre-Paid Forward Silver Purchase Agreement (the “Silver Pre-Payment Agreement”) and has concurrently entered into an agreement with Haywood Securities Inc. (“Haywood”), on behalf of a syndicate including M Partners Inc. (collectively, the “Agents”) to conduct an equity offering of units.

Leave a Reply