Day: November 11, 2016

Santacruz Silver Reports Fatality at the Rosario Mine

“It is with extreme sadness that we announce this tragic accident. Our deepest sympathies and thoughts go out to this miner’s family, friends and co-workers,” said Arturo Prestamo, Santacruz Silver President and Chief Executive Officer. “We strive to have a safe workplace as we take health and safety of our employees with the highest priority. We are investigating with the authorities the cause of this accident and taking all possible measures to ensure this does not happen in the future.”

Starcore secures extension on $4.5 million bonds

Starcore International Mines Ltd. announces that it has obtained an extension on the repayment of outstanding secured bonds in the aggregate principal amount of CDN$4.5 million. The Bonds were to mature on November 12, 2016. The bond holder has agreed to extend the maturity date by six months, with the Bonds continuing to be secured and bearing interest at 8% per annum.

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