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Santacruz Silver's Bolivian unit raises Bs 70M via promissory notes at 11% interest.

Company Fundamentals
05 Aug 2026
Newsfile Corp
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Bullish
Santacruz Silver's Bolivian unit raises Bs 70M via promissory notes at 11% interest.

Santacruz Silver Mining's Bolivian subsidiary, Empresa Minera San Lucas, completed its fourth promissory note offering, raising 70 million Bolivian bolivianos with an 10.9985% annual interest rate, maturing in July 2027. This offering restores the program to its full authorized amount of Bs 140 million and was fully subscribed by Bolivian institutional investors, signaling strong local support. The successful funding reflects confidence in Santacruz's operations and financial management in Bolivia, supporting long-term growth. The company operates multiple mining complexes in Bolivia and Mexico, with San Lucas playing a key strategic role in its Bolivian operations.

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