Northwire Canada EditionTuesday, September 15, 2026
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GOLD 4317.90 −0.8% SILVER 63.69 −0.7% COPPER 6.41 +0.1% OIL 104.12 +2.7% PALLADIUM 1294.00 −1.1% ADY 0.310 +1.6% SCMI 1.59 −2.5% ANK 0.440 −2.2% GZD 0.060 +9.1% ADG 0.430 +0.0% NTH 0.165 +0.0% NOVA 0.170 +3.0% PER 0.145 +3.6% MACK 3.05 +0.3% CTGO 25.43 −1.2% GEMG 1.58 +0.6% MLP 2.52 −0.8% GSKR 3.15 −4.0% SYH 0.412 +0.6% AHR 0.980 −3.0% MCC 0.195 −2.5% GOLD 4317.90 −0.8% SILVER 63.69 −0.7% COPPER 6.41 +0.1% OIL 104.12 +2.7% PALLADIUM 1294.00 −1.1% ADY 0.310 +1.6% SCMI 1.59 −2.5% ANK 0.440 −2.2% GZD 0.060 +9.1% ADG 0.430 +0.0% NTH 0.165 +0.0% NOVA 0.170 +3.0% PER 0.145 +3.6% MACK 3.05 +0.3% CTGO 25.43 −1.2% GEMG 1.58 +0.6% MLP 2.52 −0.8% GSKR 3.15 −4.0% SYH 0.412 +0.6% AHR 0.980 −3.0% MCC 0.195 −2.5%
Regulatory

Santacruz Silver applies for Nasdaq listing

By The Northwire Desk — AI Analysis Oct 28, 2025 · 23:56 SCZ · 1.97 Santacruz Silver Mining Ltd.
SCZ · Price

Executive Summary

  • Santacruz Silver Mining Ltd. has applied to list its common shares on the Nasdaq Capital Market, a move the company describes as a significant milestone for growth, transparency, and liquidity.
  • The company will hold its 2025 Annual General & Special Meeting (AGSM) on November 25, 2025, to seek shareholder approval for a common share consolidation.
  • The consolidation is intended to meet Nasdaq’s initial listing requirements, specifically the minimum bid price of $4.00 USD per share, with a proposed ratio of 1-for-up-to-10.

Key Details

  • Listing Application: The company has applied to list common shares on the Nasdaq Capital Market.
  • Shareholder Meeting: The 2025 Annual General & Special Meeting (AGSM) will be held in person on Tuesday, November 25, 2025, at 10 a.m. Pacific Standard Time, at 1111 West Hastings St., Vancouver, B.C.
  • Share Consolidation Proposal: Shareholders are asked to approve a consolidation of common shares to meet Nasdaq’s minimum bid price requirement of $4.00 USD.
  • Consolidation Ratio: The proposed ratio is 1-for-up-to-10. The actual ratio will be determined by the Board of Directors following the AGSM.
  • Estimated Impact on Share Count:
    • Current issued and outstanding shares (as of AGSM record date): 365,384,489.
    • If a 1:10 ratio is applied: Approximately 36,538,448 shares would be issued and outstanding.
    • If a 1:4 ratio is applied: Approximately 91,346,122 shares would be issued and outstanding.
    • Management expects the actual ratio to be equal to or less than 1:4 based on recent trading history.
  • Regulatory Approval: The consolidation is subject to approval by the TSX Venture Exchange.
  • Documentation: Notice of meeting, management information circular, and proxy forms have been mailed to shareholders and are available on the company’s website and SEDAR+.

Notable Quotes

  • "Our intention to list on the Nasdaq represents a significant milestone in Santacruz's growth strategy. It also demonstrates our commitment to increasing transparency and liquidity, expanding our shareholder base, and enhancing Santacruz's visibility within the U.S. capital markets." — Arturo Prestamo, Executive Chairman and CEO
  • "We believe that pursing this listing will strengthen our position as a leading silver producer and provide our shareholders with greater access to the value we are creating across our portfolio." — Arturo Prestamo, Executive Chairman and CEO
Read the original news release →

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Earnings