Santacruz Silver Announces C$8.75 Million Bought Deal Common Share Financing
Santacruz Silver Mining Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and including Raymond James Ltd., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to a short form prospectus, 8,750,000 common shares of the Company at a price of C$1.00 per Common Share for gross proceeds of C$8,750,000. In addition, the Company has granted the Underwriters an option to purchase additional Common Shares at the Offering price to raise additional gross proceeds of up to 15% of the Offering to cover over-allocations, if any, exercisable for a period of up to 30 days after the closing date.









