InvestorsHub Logo
Followers 1080
Posts 106268
Boards Moderated 55
Alias Born 11/22/2003

Re: Montanore post# 944

Wednesday, 07/24/2019 3:02:08 PM

Wednesday, July 24, 2019 3:02:08 PM

Post# of 1031
Consider Americas Silver Corp For Next Silver Bull Market
Relief Canyon gold project in Nevada and grey metal price
are the two main catalysts -

July 23, 2019 | About: USAS +0% TSX:USA +0%

Thanks to supporting fundamentals and the perception that many
participants have about silver joining gold into a bull market,
we will witness a 12 months period of sustained increases in
the prices of the grey metal according to what TD Securities’
analyst Melek told Kitco News on Monday.

https://www.gurufocus.com/news/913463/consider-americas-silver-corp-for-next-silver-bull-market

AMERICAS SILVER CORPORATION ANNOUNCES US$10 MILLION INVESTMENT BY ERIC SPROTT
TORONTO, ONTARIO - July 19, 2019 -


Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas
Silver” or the “Company”) is pleased to announce that
Eric Sprott has agreed to purchase 3,955,454 common shares of the Company -
for a total investment of approximately US$10 million in a
non-brokered private placement the (“Private Placement”).

The Company also announces today that the agreement to sell the Company’s
option on the San Felipe project in Sonora, Mexico (“San Felipe”) to a
subsidiary of Premier Gold Mines Limited (“Premier”) has been terminated
in accordance with its terms.


“We are very excited to have Eric Sprott materially increase his ownership to above 8% and continue to support the Company as a major shareholder,” said Darren Blasutti, President & CEO of Americas Silver. “We are also pleased to have retained the significant upside in the San Felipe silver-zinc project for our shareholders.”

The Private Placement is expected to close in due course and is subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals, including the approval of the Toronto Stock Exchange and the NYSE American. The common shares to be issued under the Private Placement will have a hold period of four months and one day from the closing date in accordance with applicable Canadian securities laws. Medalist Capital Ltd. acted as an advisor on the Private Placement.

About Americas Silver Corporation

Americas Silver is a precious metal mining company focused on growth from its existing asset base and execution of targeted accretive acquisitions. It owns and operates the Cosalá Operations in Sinaloa, Mexico and the Galena Complex in Idaho, USA. The Company expects to begin producing gold in the fourth quarter of 2019 at its fully funded, Relief Canyon Project, in Nevada, USA which is currently in construction. For further information, please see SEDAR or http://americassilvercorp.com

For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503

In GOD We Trust -








http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA



My opinions are my own and and DD I post should be confirmed as unbiased

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent USA News