Santacruz Silver Mining Ltd

11:08 AM EST - Santacruz Silver Mining Ltd : Announced that Carrizal Mining, S.A. de C.V., a private Mexican mining company, has earned a 20% working interest in Santacruz's Veta Grande Project pursuant to the terms of an agreement dated November 30, 2017. Further, the Company has entered into separate agreements, with binding effect as of May 21, 2019, to acquire 100% of the outstanding shares of PCG Mining, S.A. de C.V. which is a holding company that owns 100% of Carrizal's outstanding shares. The shares of PCG are owned as to 50% each by two unrelated shareholders. One of the shareholders is at arm's-length to Santacruz and the other shareholder is Carlos Silva, Santacruz's COO. Santacruz Silver Mining Ltd shares V.SCZ are trading up $0.005 at $0.07.