Off-market insider buying at Santacruz Silver Mining (SCZ)

Off-market insider buying at Santacruz Silver Mining (V:SCZ)

Arturo Pr?stamo Elizondo, CEO, Director and 10% Holder, acquired 2,272,727 Common Shares on a direct ownership basis at a price of $0.220 through a prospectus or prospectus exempt offering on October 16th, 2020. The insider also acquired 2,272,727 Warrants with an exercise price of $0.300 for 36 months. This represents a $500,000 investment into the company's shares and an account share holdings change of 47.4%.

Santacruz Silver Mining is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Santacruz Silver Mining Ltd. is a Canada-based company, which is engaged in the operation, acquisition, exploration and development of mineral properties in Mexico, with a primary focus on silver and zinc, including gold and lead. Its segments include Rosario Mine; Veta Grande Mine; Exploration and evaluation properties, and Corporate and other. The Company focuses on a producing property, the Rosario Mine, and a development stage property, the Veta Grande Mine. In addition, it holds approximately four exploration properties in its mineral property portfolio, the San Felipe Project, the Gavilanes Project, the El Gachi Property, and the Minillas Property. The Rosario Mine consists of the Rey David and San Rafael mining concessions, which are located in the Municipality of Charcas in the State of San Luis Potosi, Mexico, approximately 184 kilometers north of the capital city of San Luis Potosi. The Veta Grande milling facility operates at approximately 330 tons per day.