Brief: Santacruz Silver terminates San Felipe project sale

Santacruz Silver Mining

23/12/2016 21:15

Dec 23 (Reuters) - Santacruz Silver Mining Ltd  SCZ.V  
    * Santacruz silver mining says terminated previously 
announced agreement in connection with sale of San Felipe 
project to Hermosillo Group 
    * Santacruz Silver mining says  no payments pursuant to 
transaction have been made to date 
    * Santacruz Silver terminates San Felipe project sale 
    * Santacruz silver mining in discussions with Minera 
Hochschild Mexico, S.A. De C.V. Underlying property vendor 
    * Santacruz Silver discussions have been on-going with 
respect to revised payment terms however process has not led to 
payment schedule acceptable to co 
    * Discussions with Minera Hochschild Mexico, S.A. De C.V. 
For  continued deferral of payment terms for San Felipe Project 
 
Source text for Eikon:  ID:nCNW9x5NDa  
Further company coverage:  SCZ.V  
 
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