Business
Santacruz Silver Grants Options to Consultant
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2022) - Santacruz Silver Mining Ltd. ...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"Santacruz Silver Grants Options to ConsultantVancouver, British Columbia--(Newsfile Corp. - June 10, 2022) - Santacruz Silver Mining Ltd. (TSXV: SCZ) (\"the Company\" or \"Santacruz\") announces the grant of 1,000,000 incentive options (the \"Options\") to a consultant in accordance with the Company's Stock Option Plan. The Options have an exercise price of $0.385 per share, expire five years from the date of grant, and will vest 40% on grant, 20% on August 15, 2022 and 20% on each of February 15, 2023, August 15, 2023.About Santacruz Silver Mining Ltd. The Company is engaged in the operation, acquisition, exploration and development of mineral properties in Latin America, with a primary focus on silver and zinc, but also including lead and copper. The Company currently has six producing projects, the Zimapan Mine, the Bolivar, Porco, Tres Amigos, Reserva and Colquechaquita Mines, holds two exploration properties in its mineral property portfolio, the La Pechuga Property and the Santa Gorgonia Prospect, and one development project, the Soracaya Project in addition to the San Lucas ore sourcing and trading business. 'signed'Arturo Préstamo Elizondo,Executive ChairmanFor further information please contact: Mars Investor RelationsTelephone: (778) 999 [email protected] Préstamo ElizondoSantacruz Silver Mining Ltd.Email: [email protected]: (604) 569-1609Neither 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.Forward looking information Certain statements contained in this news release constitute \"forward-looking information\" as such term is used in applicable Canadian securities laws, including statements relating to production at the Zimapan Mine and the Company's plans to grow it.Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including that the Company's financial condition and development plans do not change as a result of unforeseen events and that future metal prices and the de...