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Americas Gold and Silver Corporation T.USA

Alternate Symbol(s):  USAS

Americas Gold and Silver Corporation is a Canada-based precious metals mining company with multiple assets in North America. The Company owns and operates the Cosala Operations in Sinaloa, Mexico, manages the 60%-owned Galena Complex in Idaho, United States, and is re-evaluating the Relief Canyon mine in Nevada, United States. The Company also owns the San Felipe development project in Sonora, Mexico. The 100%-owned Cosala Operations are located in the state of Sinaloa, Mexico and consist of about 67 mining concessions that cover approximately 19,385 hectares (ha). The 60% owned Galena Complex is located in Idaho’s Silver Valley. The Relief Canyon Mine is located in Pershing County, Nevada. The project encompasses an open pit mine and heap leach processing facility. Its landholdings cover approximately 25,000 acres, which include the Relief Canyon Mine asset and lands surrounding the mine in all directions. The San Felipe silver-zinc-lead project is located in Sonora, Mexico.


TSX:USA - Post by User

Post by esrdirecton Sep 16, 2011 7:48pm
344 Views
Post# 19052644

200,000 share option at .65 for 5 years

200,000 share option at .65 for 5 years Any thoughts on how this will affect Mondays price? U.S. Silver Announces Stock Option GrantTORONTO, Sep 16, 2011 (BUSINESS WIRE) --U.S. Silver Corporation (TSX-V: USA, US OTCQX: USSIF, Frankfurt: QE2) ("US Silver" or the "Company") announces that, in connection with his recently announced increased responsibilities, the Company granted Gordon Pridham, the Company's Executive Chairman, options to purchase up to 200,000 common shares of U.S. Silver pursuant to its stock option plan. The options are priced at
.65 per share and expire 5 years from the date of issue. Such options are subject to the terms and conditions of the stock option plan, certain vesting provisions, and the policies of the Exchange.ABOUT U.S. SILVER CORPORATIONU.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in U.S. history. Total silver production from U.S. Silver's mining complex has exceeded 217 million ounces of silver production since 1953. U.S. Silver controls a land package now totaling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive Silver Valley holdings in the Coeur d'Alene Mining District.
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