AMERICAS SILVER PROVIDES UPDATES ON THE PERSHING GOLD TRANSACTION AND THE SAN FELIPE PROPERTY OPTION TORONTO, ONTARIO - January 2, 2019 -
Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver” or the “Company”) is pleased to provide an update on developments for the pending merger transaction (the “Transaction”) with Pershing Gold Corporation (“Pershing Gold”) announced September 30, 2018, including details of the special meeting of shareholders (the “Special Meeting”), and to provide an update regarding its option agreement on the San Felipe property.
PERSHING GOLD TRANSACTION UPDATE ISS and Glass Lewis Recommendations
Institutional Shareholder Services, Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), two leading independent proxy advisory firms[1], have recommended that shareholders vote in favour of the Transaction at the upcoming special meeting with respect to the resolutions outlined in the Management Information Circular (the “Circular”).
Both ISS and Glass Lewis RECOMMEND that shareholders of the Company VOTE IN FAVOUR of the resolutions outlined in the Circular.
“Both ISS and Glass Lewis support the Transaction,” said Darren Blasutti, President and Chief Executive Officer of Americas Silver. “These independent recommendations further support our belief that the Transaction is in the best interests of our collective shareholders.”