GlobeNewswire·Nov 13, 2025, 12:01 PM ET

Americas Gold and Silver Announces Upsize of "Bought Deal" Private Placement to US$115 Million

USAS

Americas Gold and Silver Corporation amended its private placement agreement to increase aggregate gross proceeds to US$115,000,000 due to strong investor demand.
The offering consists of 28,750,000 common shares sold at US$4.00 per share to a syndicate led by Canaccord Genuity Corp. & BMO Capital Markets.
Underwriters were granted an option to purchase up to an additional 4,312,500 shares at US$4.00 per share for up to US$17,250,000 in gross proceeds.
Net proceeds will fund the cash portion of the Crescent Mine acquisition, capital expenditures, working capital post-acquisition, & general corporate purposes.
Closing is anticipated on or about December 3, 2025, subject to regulatory approvals including conditional Toronto Stock Exchange approval.
Securities are subject to a hold period of four months & one day from the closing date under Canadian securities laws.
The offering is conducted on a private placement basis exempt from prospectus requirements in Canadian provinces & other mutually agreed jurisdictions.
The securities are not registered under the U.S. Securities Act of 1933 & may not be offered or sold within the United States or to U.S. Persons.
Americas Gold and Silver Corporation produces silver, copper, & antimony from operations in the United States & Mexico, including the Galena Complex & Cosalá Operations.
Eric Sprott is the company's largest shareholder at approximately 20%, & the company holds a 5-year multi-metal offtake agreement with Ocean Partners for Galena concentrates.
Scientific information regarding the Crescent Mine was extracted from a 2015 NI 43-101 technical report, with no qualified person having recently classified historical estimates as current resources.
The press release includes standard forward-looking information warnings regarding risks such as commodity price fluctuations, regulatory approvals, & operational challenges.