Santacruz Silver Mining Ltd. Announces Settlement of Debts with Third Party Creditors

Vancouver, British Columbia – Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (“Santacruz”, or the “Company”) announces that it intends to issue an aggregate of 10,342,604 common shares of the Company at a price of $0.432 per share in settlement of outstanding debts totalling C$4,468,005.10 (the “Debt Settlements“).

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