Santacruz Silver Announces Grant of Restricted Share Units

Group 1 - Santacruz Silver Mining Ltd. has granted 39,000 restricted share units (RSUs) to a director, which will vest in equal one-third installments on each anniversary of the grant date [1] - Each vested RSU can be redeemed for one common share of the Company [1] - The grant of RSUs is classified as a related party transaction under Multilateral Instrument 61-101, with the Company exempt from formal valuation and minority shareholder approval requirements [2] Group 2 - Santacruz Silver is involved in the operation, acquisition, exploration, and development of mineral properties in Latin America, including Bolivia and Mexico [3] - In Bolivia, the Company operates the Bolivar, Porco, and Caballo Blanco mining complexes, and oversees the Soracaya exploration project [3] - The Zimapán mine is operated by Santacruz in Mexico [3]