Santacruz Silver Announces Grant of Restricted Share Units
Santacruz Silver Announces Grant of
Restricted Share Units
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2026) -
Santacruz Silver Mining Ltd.
(TSXV: SCZ)
("
Santacruz
" or the "
Company
") announces that the Company has granted 39,000
restricted share units ("
RSUs
") to a director of the Company in accordance with the Company's
Omnibus Equity Incentive Plan dated November 17, 2023. The RSUs vest in equal one third installments
on each anniversary of the grant date. Each vested RSU may be redeemed for one common share of the
Company.
The grant of RSUs constitutes a related party transaction pursuant to Multilateral Instrument 61-101 -
Protection of Minority Security Holders in Special Transactions
("
MI 61-101
"). The Company is exempt
from the requirements to obtain a formal valuation and minority shareholder approval in connection with
the grant of RSUs to related parties in reliance on the exemptions contained in sections 5.5(b) and
5.7(1)(a) of MI 61-101, respectively.
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 CEO
For further information please contact:
Arturo Préstamo
Santacruz Silver Mining Ltd.
Email:
Telephone: +52 81 83 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/279474