Santacruz Silver Mining Completes Hochschild Amendment Agreement

VANCOUVER, March 9, 2017 /CNW/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (“Santacruz” or the “Company”) announces that, in accordance with the terms of the amended agreement between the Company’s subsidiary, Impulsora Minera Santacruz S.A. de C.V. and Minera Hochschild Mexico, S.A. de C.V. (see news release dated February 28, 2017),  the Company has issued 13,415,000 common shares of the Company in consideration for the restructuring of the payment terms thereunder.  The shares are subject to a hold period and may not be traded until July 10, 2017 except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange.

Leave a Reply