TSX.V: SCZ
FSE: 1SZ
SSEV: SZCL
OTCQX: SZSMF
VANCOUVER, June 1, 2015 /PRNewswire/ - Santacruz
Silver Mining Ltd. ("Santacruz" or the "Company") (TSX.V:SCZ)
is pleased to announce the listing of its shares on the Santiago
Stock Exchange Venture ("SSEV") under the symbol "SZCL"
denominated in Chilean Pesos. The primary exchange for Santacruz
will remain the TSX Venture Exchange with the symbol SCZ.
This new listing will open access to a larger network of
investors, which includes MILA (the Integrated Latin American
Market). MILA is a consortium of countries that includes
Chile, Colombia, Peru and Mexico, that have combined together to create
a more liquid market for member countries to trade stocks
throughout the network. Santacruz has always had a strong base of
resident Mexican shareholders and the Company would like to further
grow the shareholder base across the Latin American market.
Arturo Prestamo, President &
CEO stated, "Being a significantly Mexican held company, it makes
sense for the Company to continue to create more visibility across
the Latin American market. The ties across these countries
establish a relationship that allows better access to capital in
regions that have a strong understanding of the mining industry and
the potential of asset-rich companies like Santacruz."
About Santacruz Silver Mining Ltd.
Santacruz is a Mexican-focused silver company with a producing
mine (Rosario); two advanced-stage
projects (San Felipe and
Gavilanes) and an early-stage
exploration project (El Gachi). The Company is managed by a
technical team of professionals with proven track records in
developing, operating and discovering silver mines in Mexico. Our corporate objective is to become a
mid-tier silver producer.
'signed'
Arturo Préstamo Elizondo,
President, Chief Executive Officer and Director
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.
Forward looking information
Certain statements contained in this news release, such as
the potential access to investment and markets constitute
"forward-looking information" as such term is used in applicable
Canadian securities laws. Any forward-looking information that
constitutes a financial outlook is intended to provide information
about management's current expectations and plans relating to the
future. Readers are cautioned that reliance on such information may
not be appropriate for other purposes. Forward-looking information
is based on plans, expectations and estimates of management at the
date the information is provided and is subject to certain factors
and assumptions, including, that the Company's financial condition
and development plans do not change as a result of unforeseen
events, that the Company obtains required regulatory approvals,
that the Company is able to obtain material from third parties on
reasonable terms, future metal prices and that the demand and
market outlook for metals do not decline significantly.
Forward-looking information is subject to a variety of risks and
uncertainties and other factors that could cause plans, estimates
and actual results to vary materially from those projected in such
forward-looking information. Factors that could cause the
forward-looking information in this news release to change or to be
inaccurate include, but are not limited to, the risk that any of
the assumptions referred to prove not to be valid or reliable, that
occurrences such as those referred to above are realized and result
in delays, or cessation in planned work, that the Company's
financial condition and development plans change, delays in
regulatory approval, risks associated with the interpretation of
data, the geology, grade and continuity of mineral deposits, the
possibility that results will not be consistent with the Company's
expectations, as well as the other risks and uncertainties
applicable to mineral exploration and development activities and to
the Company as set forth in the Company's Annual Information Form
filed under the Company's profile at www.sedar.com. There can be no
assurance that any forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
the reader should not place any undue reliance on forward-looking
information or statements. The Company undertakes no obligation to
update forward-looking information or statements, other than as
required by applicable law.
SOURCE SantaCruz Silver Mining Ltd.