Santacruz Silver Mining Ltd.

0.3

Canada & Newfoundland and Labrador San Pedro Garza Garcia

Avenue Jose Vasconcelos 150 Ote., Plaza O2 Vasconcelos Departamento No. 124

www.santacruzsilver.com

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Company Press Releases

Santacruz Announces Closing of Second and Final Tranche of Previously Announced Private Placement for CDN$10.00 Million with a Lead Order from Palisades Goldcorp

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering previously announced on September 21st, and upsized on September 30th and October 7th 2020 (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 10,748,922 Units at a price of $0.22 per Unit for gross proceeds of $2,364,762.84 in the second tranche...

Santacruz Recognized by the Initiative for Responsible Mining Assurance for Its Achievement in Transparency

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2020) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (the "Company" or "Santacruz") is pleased to announce that its wholly owned subsidiary Carrizal Mining has been recognized by the Initiative for Responsible Mining Assurance ("IRMA") for Transparency after an audit for compliance against the IRMA Standard for Responsible Mining. Transparency is the first of four levels of IRMA's social and environmental performance system. The audit has determined that the internal administrative and control procedures implemented at the Carrizal Mine ha...

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

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.Each Unit consists of one common share of the Company and one non-transferable common share purchase w...

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