Santacruz Silver Announces AGM Results

News Release

September 17, 2024

Santacruz Silver Announces AGM Results

Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) ("Santacruz" or, the “Company”) is pleased to report that

all matters were approved at the Company’s Annual General shareholders’ meeting (the “Meeting”) held on

September 16, 2024. At the Meeting, the Company’s shareholders re -elected all of the Company’s current board of

directors, Arturo Prestamo Elizondo, Federico Villasenor, Roland Lohner, Larry Okada and Barry Girling, and approved

the appointment of the Company’s auditor, Deloitte LLP. The Company’s shareholders also re -approved the omnibus

incentive plan in accordance with the requirements of the TSX Venture Exchange.

About Santacruz Silver Mining Ltd.

Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin

America. The Bolivian operations are comprised of the Bolivar, Porco and the Caballo Blanco Group, which consists of

the Tres Amigos, Reserva and Colquechaquita mines. The Soracaya exploration project and San Lucas feed sourcing

business are also in Bolivia. The Zimapan mine is located in Mexico.

Arturo Préstamo Elizondo,

Executive Chairman and CEO

For further information please contact:

Arturo Préstamo

Santacruz Silver Mining Ltd.

Email: [email protected]

Telephone: +1 (528) 183 785707

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.