Santacruz Extends Due Date Short-Term US$2.3 Million Loan and Agrees to Increased Issuance of Loan Bonus Warrants
Santacruz Silver Mining Ltd. reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan that it has borrowed from a private Bolivian mining company as previously announced in the Company’s press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 (previously extended to October 1, 2018).