SANTACRUZ SILVER REPORTS COMPLETION OF CARRIZAL MINING ACQUISITION AND EARLY WARNING REPORT DISCLOSURE OF C. SILVA

Santacruz_07102019

Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that effective October 4, 2019, the Company, having received requisite shareholder and stock exchange approvals, has acquired the remaining 50% of the outstanding shares of PCG Mining, S.A. de C.V. (“PCG”) from a non-arm’s length party in consideration for the issue of 30,000,000 common shares of the Company
(the “Transaction”), resulting in the Company owning 100% of PCG, which is the parent holding company of Carrizal Mining, S.A. de C.V.

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