TORONTO, ONTARIO - July 26, 2019 -
Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to announce the closing of its non-brokered private placement with Mr. Eric Sprott, announced in the news release dated July 19, 2019. The Company raised gross proceeds of US$10 Million through the issuance of 3,955,454 common shares priced at CDN$3.30 per share.
As at July 26, 2019, there are 82,487,633 common shares and 3,678,135 preferred shares with 5,928,500 options and 5,087,014 warrants of the Company issued and outstanding.
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. The Company also holds an option on the San Felipe development project in Sonora, Mexico. For further information, please see SEDAR or
http://www.americassilvercorp.com
Cautionary Statement on Forward-Looking Information:
This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas Silver’s expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the Company’s construction, production, and development plans at the Relief Canyon Project and performance expectations for the Relief Canyon Project and impact on Americas Silver’s financial performance; and the estimated construction timeline and costs for the Relief Canyon Project. Often, but not always, forward-looking information can be identified by forward-looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intend”, “potential’, “estimate”, “may”, “assume” and “will” or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance.
Forward-looking information is based on the opinions and estimates of Americas Silver as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information. With respect to the business of Americas Silver, these risks and uncertainties include the ability to develop, complete construction and operate the Relief Canyon Project; permitting timelines, capital and construction expenditures, reclamation activities, labor relations, social and political developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas Silver’s filings with the Canadian Securities Administrators on SEDAR and with the SEC, this information, except as required by law. Americas Silver does not give any assurance (1) that Americas Silver will achieve its expectations, or (2) concerning the result or timing thereof.
For more information:
Darren Blasutti
President and CEO
Americas Silver Corporation
416-848-9503
http://www.americassilvercorp.com
https://www.americassilvercorp.com/site/assets/files/5249/presentation20190722.pdf
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Recent USAS News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/23/2024 05:25:33 PM
- Americas Gold and Silver Reports Q2-2024 Results • Business Wire • 08/15/2024 08:45:00 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
- Americas Gold and Silver Corporation Announces Election of Directors and Annual Meeting Voting Results • Business Wire • 06/25/2024 06:36:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/31/2024 08:00:23 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/23/2024 05:35:05 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/15/2024 09:10:34 PM
- Americas Gold and Silver Reports Q1-2024 Results • Business Wire • 05/15/2024 09:00:00 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
- 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
- Americas Gold and Silver Corporation Announces Upsize of Private Placement to up to C$7.5 Million • GlobeNewswire Inc. • 03/21/2024 01:03:32 AM
- Americas Gold and Silver Corporation Announces Private Placement of up to C$6.5 Million • GlobeNewswire Inc. • 03/20/2024 11:21:45 AM
- Americas Gold and Silver Corporation Provides Q4-2023 and Full Year 2023 Production Results; Update on Galena Exploration • Business Wire • 01/23/2024 12:00:00 PM
- Americas Gold and Silver Reports Q3-2023 Results • Business Wire • 11/15/2023 12:00:00 PM
- Americas Gold and Silver Corporation Provides Q3-2023 Production Results With an Increase of 17% in Attributable Silver Production • Business Wire • 10/30/2023 11:00:00 AM
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