ENP Newswire -
Release date- 13022014 -
The Company also has granted the Underwriters an option to purchase up to 1,312,500 of additional common shares of
The proceeds from the Offering are expected to be used by the Company for exploration and development of its projects in
Closing of the Offering is anticipated to occur on or before
Santacruz is a Mexican focused silver company with a producing project (
Tel: (604) 569-1609
Forward looking information
Certain statements contained in this news release, such as statements regarding the anticipated use of proceeds from the Offering, the anticipated closing date of the Offering, the satisfaction of the conditions to closing of the Offering and corporate objectives of the Company, constitute 'forward-looking information' as such term is used in applicable Canadian securities laws.
The forward-looking information herein is based on plans, expectations and estimates of management as at the date hereof and is subject to certain factors and assumptions, including: that the Company's financial condition and development plans will not change as a result of unforeseen events, that the Company will obtain required regulatory approvals in a timely manner, and that future metal prices and the demand and market outlook for metals will be consistent with management's forecasts and expectations.
Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information.
Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions outlined above prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation to planned work, that the Company's financial condition and development plans change, that there are delays in regulatory approval, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as the other risks and uncertainties applicable to mineral exploration and development activities and to the Company as set forth in the Company's Annual Information Form and other continuous disclosure filings filed under the Company's profile at www.sedar.com.
There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. The Company undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.
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