Santacruz Extends Due Date Short-Term US$2.3 Million Loan and Agrees to Increased Issuance of Loan Bonus Warrants

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Vancouver, British Columbia–(Newsfile Corp. – June 21, 2019) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (“Santacruz”) reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan (the “Loan”) that it has borrowed from a private Bolivian mining company (the “Lender”), as previously announced in the Company’s press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 (previously extended to October 1, 2018).