Santacruz Silver Mining Ltd. announced that further to its news release dated April 4, 2024, it is has entered into a definitive omnibus agreement and an amended and restated omnibus security agreement, each with an effective date of October 3, 2024, with certain Glencore entities to amend certain transaction documents in connection with the prior sale by Glencore of its Bolivian mining assets to Santacruz, as previously announced by Santacruz on March 21, 2022 and October 13, 2021. The definitive agreements are the result of arm's length negotiations between Santacruz and Glencore and supersede the binding term sheet entered into between the parties dated March 28, 2024.