TSX.V: SCZ
FSE: 1SZ
VANCOUVER, Dec. 21, 2018 /CNW/ - Santacruz Silver Mining
Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") has
completed its previously announced issuance of 250,000 of its
common shares (the "Advisory Fee Shares") to Haywood
Securities Inc. ("Haywood")
pursuant to an amended financial advisory agreement between the
Company and Haywood. The Advisory
Fee Shares were issued to Haywood,
along with a cash payment of $1,063,
in satisfaction of general financial advisory services provided to
the Company by Haywood, including
services relating to the Company's disposition of its interest in
the Gavilanes Project in August 2017.
The TSX Venture Exchange has accepted the issuance of the Advisory
Fee Shares. The Advisory Fee Shares were issued at a deemed
share price of $0.085 (gross value:
$21,250).
About Santacruz Silver Mining Ltd.
Santacruz is a Mexican focused silver company with two producing
silver projects, Veta Grande and
Rosario, and two exploration
properties, the Minillas property
and Zacatecas properties. The
Company is managed by a technical team of professionals with proven
track records in developing, operating and discovering silver mines
in Mexico. Our corporate objective
is to become a mid-tier silver producer.
'signed'
Arturo Préstamo Elizondo,
President, Chief Executive Officer and Director
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Santacruz Silver Mining Ltd.