Santacruz Silver Grants 45,000 Options at C$17.18 Exercise Price
Santacruz Silver Mining granted 45,000 stock options to Adelaide Capital with C$17.18 exercise price vesting quarterly over 12 months and expiring in five years. Adelaide will deploy a capital markets program including roadshows, virtual campaigns, social media, conferences and investor communication.
1. Option Grant to Adelaide Capital
Santacruz Silver Mining issued 45,000 stock options to Adelaide Capital under its omnibus incentive plan to support an expanded capital markets engagement.
2. Vesting Schedule and Exercise Terms
The options carry an exercise price of C$17.18, vest in four equal tranches every three months over 12 months and expire five years after issuance.
3. Role of Adelaide Capital
Adelaide Capital will execute non-deal roadshows, virtual campaigns, social media outreach, conference presentations and investor communication to raise profile and engagement.
4. Santacruz Silver Operations
Santacruz Silver operates mining complexes in Bolivia—including Bolivar, Porco, Caballo Blanco and Reserva—and the Soracaya exploration project, plus the Zimapán mine in Mexico.