Brief: SANTACRUZ SILVER MINING AMENDS SAN FELIPE AGREEMENT WITH HOCHSCHILD

Santacruz Silver Mining

28/02/2017 20:38

Feb 28 (Reuters) - Santacruz Silver Mining Ltd  SCZ.V  
    * SANTACRUZ SILVER MINING - CO'S UNIT HAS RENEGOTIATED TERMS 
OF ITS AGREEMENT WITH MINERA HOCHSCHILD MEXICO S.A. DE C.V. 
    * AGREEMENT IS REGARDING ACQUISITION OF A 100% INTEREST IN 
SAN FELIPE PROPERTY AND ADJACENT EL GACHI PROPERTY 
    * SANTACRUZ SILVER MINING- UNDER AMENDED TERMS OF AGREEMENT 
WITH MHM, CO TO ACQUIRE SAN FELIPE PROPERTY FOR $2 MILLION 
PAYABLE ON OR BEFORE MARCH 3, 2017 
    * SANTACRUZ SILVER MINING - UNDER AMENDED TERMS OF AGREEMENT 
WITH MHM, CO TO ACQUIRE EL GACHI PROPERTY FOR US$500,000 PAYABLE 
ON OR BEFORE MARCH 31, 2017 
    * SANTACRUZ SILVER MINING -  UNDER AMENDED TERMS OF 
AGREEMENT WITH MHM, CO TO ALSO ACQUIRE SAN FELIPE PROPERTY FOR 
$8 MILLION PAYABLE ON OR BEFORE DEC15, 2017 
 
Source text for Eikon:  ID:nPn62HtvVa  
Further company coverage:  SCZ.V  
 
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