Santacruz Silver Completes Full $40 Million Base Purchase Price Payment, Marking Milestone in Bolivian Growth Strategy
iconSep 16, 2025 17:31
Source:SMM
On September 16th, Santacruz Silver Mining Ltd. announced it has completed the full US$40 million base purchase price for its Bolivian assets, marking a major milestone in its growth strategy. The company finalized the transaction through its fourth and fifth payments totaling US$15 million to Glencore, following earlier installments in March, May, and July 2025. Executive Chairman and CEO Arturo Préstamo said the completion reflects Santacruz’s disciplined financial approach, strong balance sheet, and commitment to long-term value creation.
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