Santacruz announced the successful completion of the fourth and fifth payments ($15M), including the final installment, to Glencore.
This marks the satisfaction of the $40M Acceleration Option to complete the acquisition of the Company’s Bolivian assets.
With these payments behind it, SCZ is well-positioned to allocate cash toward growth initiatives, M&A, and returning capital to shareholders, building on its proven success with the Bolivian portfolio acquisition.
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