Santacruz Anounces Closing of First Tranche of Previously Announced Private Placement with a Lead Order from Palisades Goldcorp and Upsizing to CDN$10.0 Million

Santacruz

Vancouver, British Columbia–(Newsfile Corp. – October 7, 2020) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (the “Company” or “Santacruz“) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering (the “Private Placement“) of units of the Company (each, a “Unit“) with a lead order from Palisades Goldcorp Ltd. The Company issued an aggregate of 34,678,541 Units at a price of $0.22 per Unit for gross proceeds of $7,629,279.02.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s