Business
Santacruz Silver Provides Management Cease Trade Order Status Update
Santacruz Silver Provides Management Cease Trade Order Status Update Canada NewsWire ...
About this update from Santacruz Silver Mining Ltd.
[{"type":"text","content":"\n\n\n\n Santacruz Silver Provides Management Cease Trade Order Status Update\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n May 14, 2025\n \n\n /PRNewswire/ --\n \n Santacruz Silver Mining Ltd.\n \n (TSX.V:SCZ) (OTCQB: SCZMF) (FSE:1SZ) (\"\n \n Santacruz\n \n \" or the \"\n \n Company\n \n \") provides a bi-weekly update on the status of the temporary management cease trade order granted on\n \n May 1, 2025\n \n (the \"\n \n MCTO\n \n \") by its principal regulator, the British Columbia Securities Commission under National Policy 12-203 –\n \n Management Cease Trade Orders\n \n (\"\n \n NP 12-203\n \n \"), following the Company's announcement on\n \n May 1, 2025\n \n (the \"\n \n MCTO Announcement\n \n \") that it was unable to file its annual financial statements, accompanying management's discussion and analysis and required certifications for the year ended\n \n December 31, 2024\n \n (the \"\n \n Required Filings\n \n \") on or before the prescribed filing deadline of\n \n April 30, 2025\n \n (the \"\n \n Filing Deadline\n \n \"), as required by National Instrument 51-102 -\n \n Continuous Disclosure Obligations\n \n and National Instrument 52-109 -\n \n Certification of Disclosure in Issuer's Annual and Interim Filings\n \n , respectively.\n \n\n\n\n\n\n\n\n\n The Company reports that (i) other than as described herein, there are no changes to the information contained in the MCTO Announcement that would reasonably be expected to be material to an investor; (ii) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Filings is continuing, each of which will be issued in the form of a press release; (iii) there has not been any other specified default by the Company under NP 12-203, and, no such other default is anticipated; and (iv) there is no material information concerning the affairs of the Company that ...