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
Recent USA News
- Liberty All-Star® Equity Fund August 2024 Monthly Update • PR Newswire (US) • 09/18/2024 05:00:00 PM
- Form N-CSRS - Certified Shareholder Report, Semi-Annual • Edgar (US Regulatory) • 08/30/2024 08:00:00 PM
- Form N-PX - Annual Report of proxy voting record of management investment companies • Edgar (US Regulatory) • 08/29/2024 03:06:06 PM
- Americas Gold and Silver Reports Q2-2024 Results • Business Wire • 08/15/2024 08:45:00 PM
- Liberty All-Star® Equity Fund July 2024 Monthly Update • PR Newswire (US) • 08/14/2024 11:44:00 PM
- Americas Gold and Silver Signs Credit and Off-Take Agreement for EC120 Project • Business Wire • 08/14/2024 09:06:00 PM
- Americas Gold and Silver Corporation Provides Q2-2024 Production Results; Galena Complex Silver Production the Highest Per Quarter in Over 10 Years • Business Wire • 07/17/2024 08:30:00 PM
- Liberty All-Star® Equity Fund June 2024 Monthly Update • PR Newswire (US) • 07/17/2024 04:40:00 PM
- Liberty All-Star® Equity Fund Declares Distribution • PR Newswire (US) • 07/08/2024 04:00:00 PM
- Americas Gold and Silver Corporation Announces Election of Directors and Annual Meeting Voting Results • Business Wire • 06/25/2024 06:36:00 PM
- Liberty All-Star® Equity Fund May 2024 Monthly Update • PR Newswire (US) • 06/14/2024 09:30:00 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 06/14/2024 07:15:12 PM
- Form N-30B-2 - Periodic and interim reports mailed to shareholders • Edgar (US Regulatory) • 06/05/2024 03:06:37 PM
- Americas Gold and Silver Reports Q1-2024 Results • Business Wire • 05/15/2024 09:00:00 PM
- Liberty All-Star Equity Fund April 2024 Monthly Update • PR Newswire (US) • 05/14/2024 03:48:00 PM
- Americas Gold and Silver Corporation Provides Q1-2024 Production Results; Appoints Jim Currie as Chief Operating Officer • Business Wire • 05/01/2024 11:00:00 AM
- Liberty All-Star Equity Fund March 2024 Monthly Update • PR Newswire (US) • 04/12/2024 11:53:00 PM
- Liberty All-Star® Equity Fund Declares Distribution • PR Newswire (US) • 04/08/2024 05:34:00 PM
- Americas Gold and Silver Corporation Reports Full-Year 2023 Results • Business Wire • 03/28/2024 10:13:00 PM
- Americas Gold and Silver Corporation Drills Bonanza Grade at Galena Complex • Business Wire • 03/26/2024 11:00:00 AM
- Liberty All-Star Equity Fund February 2024 Monthly Update • PR Newswire (US) • 03/13/2024 05:22:00 PM
- Form N-CSR - Certified Shareholder Report • Edgar (US Regulatory) • 03/07/2024 05:36:13 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM