On May 20, 2016 Americas Silver Corp (OTCQX:USAPF) announced a private placement with Eric Sprott and other strategic shareholders. The gross proceeds are estimated at around C$20 million.
This small silver / base metals miner emerged in late 2014 from a merger between Scorpio Mining and U.S. Silver and Gold Inc. In 2015 the company produced 2.7 million ounces of silver, large amounts of zinc and lead and small amount of copper:
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