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Santacruz Silver Announces Appointment of Andrés Bedregal as Chief Financial Officer

Management Changes

Santacruz Silver Announces Appointment of

Andrés Bedregal as Chief Financial Officer

VANCOUVER, BC

,

June 16, 2025

/CNW/ -

Santacruz Silver Mining Ltd.

(TSXV: SCZ) (OTCQB:

SCZMF) (FSE: 1SZ) ("Santacruz" or "the Company") is pleased to announce that Mr. Andrés

Bedregal, who has served as the Company's interim Chief Financial Officer since

October 15, 2024

,

has been appointed Chief Financial Officer effective immediately.

Arturo Préstamo, Executive Chairman and CEO of Santacruz, commented: "We want to congratulate

Andrés on his well-deserved appointment as Santacruz's CFO. During his tenure as interim CFO, he

has demonstrated exceptional leadership and a deep understanding of the Company's financial

operations, helping us navigate through important milestones. Andrés has been instrumental in

strengthening Santacruz's balance sheet through disciplined financial management, which has greatly

improved the Company's financial health and ability to grow. He played a big role in securing better

terms for our Bolivian asset acquisition through the Accelerated Option Plan, which will lead us to

debt-free path by year-end. There is no one better suited for this position. Andrés has proven

himself as an invaluable member of the team, and we're confident his dedication and expertise will

continue to drive Santacruz forward."

Mr. Bedregal is also the current CFO for Sinchi Wayra S.A., a wholly-owned subsidiary of Santacruz

Silver Mining, Ltd., a position he has held since joining Sinchi Wayra S.A. in 2022. As CFO of Sinchi

Wayra, Mr. Bedregal has successfully led the Bolivian finance group's upgrade of the financial and

management reporting systems, as well as contributed to strategic business decisions, over the past

three years.

Mr. Bedregal has extensive expertise in financial planning, investment analysis, and leveraging data-

driven tools to enhance decision-making processes. His skills include M&A, risk assessment, and the

execution of complex financial strategies. Mr. Bedregal holds a Bachelor of Arts in Economics and

Political Science from the

University of Kansas

,

Lawrence, Kansas

, USA. Additionally, Mr. Bedregal

earned a Master's Degree in Finance (MDF) from the Universidad Católica Boliviana and an MBA

from the

Universidad Privada Boliviana

in

La Paz, Bolivia

. He is also a Level III Candidate in the CFA

Program from the CFA Institute.

As CFO of Santacruz, Mr. Bedregal will continue to strengthen the Company's financial discipline,

optimize capital allocation, and drive initiatives that support Santacruz's continued growth.

About Santacruz Silver Mining Ltd.

Santacruz Silver

is engaged in the operation, acquisition, exploration, and development of mineral

properties across

Latin America

. In

Bolivia

, the Company operates the Bolivar, Porco, and Caballo

Blanco mining complexes, with Caballo Blanco comprising the Tres Amigos and Colquechaquita

mines. The Reserva mine, whose production is provided to the

San Lucas

ore sourcing and trading

business, is also located in

Bolivia

. Additionally, the Company oversees the Soracaya exploration

project. In

Mexico

, Santacruz operates the Zimapán mine.

'signed'

Arturo Préstamo Elizondo,

Executive Chairman and Chief Executive Officer

Neither 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.

SOURCE

Santacruz Silver Mining Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/June2025/16/c6265.html

%SEDAR: 00031795E

For further information:

For further information please contact: Arturo Prestamo, Santacruz Silver

Mining Ltd., Email: [email protected], Telephone: (528) 183 785707; Andrés Bedregal,

Santacruz Silver Mining Ltd., Email: [email protected], Telephone: +591 22444849

CO: Santacruz Silver Mining Ltd.

CNW 07:00e 16-JUN-25