Santacruz Silver Mining Ltd.

Santacruz Silver Mining Ltd.'s wholly owned Bolivian subsidiary, San Lucas, successfully completed the fourth offering under its promissory note program in the Bolivian capital markets. This offering raised gross proceeds of 70 million Bolivian bolivianos through unsecured promissory notes with an annual interest rate of 10.9985% and a maturity date of July 18, 2027. The successful placement, which was fully subscribed, demonstrates continued investor confidence and brings the program back to its full authorized amount of Bs 140 million.

Santacruz Silver Mining Ltd. announced strong Q2 2026 production results, with total silver production reaching 1,573,100 ounces and zinc production at 23,240 tonnes. Consolidated silver production increased 17% quarter-over-quarter and 11% year-over-year, while zinc production rose 7% QoQ and 10% YoY. The company highlighted significant recovery at its Bolivar mine and improved performance at Zimapan, demonstrating operational resilience despite challenges like road blockades in Bolivia.

Santacruz Silver Mining Ltd. has reported a tragic fatality at its Reserva mine in Bolivia. An employee was fatally injured on June 24, 2026, at the end of the third shift. Preliminary findings indicate the incident did not occur during normal mining operations or the employee's assigned work duties. The company has expressed profound sorrow, extended condolences to the family, and immediately suspended activities in the affected area to launch a comprehensive investigation in coordination with authorities and experts. Santacruz Silver reaffirms its commitment to safety, transparency, and continuous improvement of operating protocols.

Santacruz Silver Mining Ltd. announced the release of its 2025 Sustainability Report for its wholly-owned Mexican subsidiary, Compañía Minera Zilar Mendi (formerly Carrizal Mining). The report highlights the company's environmental, social, and governance (ESG) performance and progress in its Mexican operations during 2025. Key achievements include a significant reduction in hazardous waste and zero workplace fatalities, alongside plans to strengthen ESG oversight in 2026.

Santacruz Silver Mining Ltd. reported strong financial results for the first quarter ended March 31, 2026, with significant growth across key metrics. Revenue increased by over 81% and net income more than doubled compared to the same period in the prior year. The company also saw improvements in gross profit, operating income, and cash generated from operating activities, alongside a reduction in total liabilities.

Santacruz Silver Mining Ltd. announced the publication of its 2025 Sustainability Report for its Bolivian operations, Grupo Minero Sinchi Wayra. The report highlights significant progress and investments in environmental, social, and governance (ESG) priorities, complying with IFRS and GRI standards. In 2025, the company invested over $12.8 million in environmental management, including more than $4.2 million in water treatment, and allocated over $1.4 million to social initiatives benefiting 24,528 people. Santacruz also strengthened its governance framework and outlined further ESG priorities for 2026.