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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

Comment by jdbuttson Apr 29, 2021 2:34pm
233 Views
Post# 33094740

RE:News

RE:NewsThe only good news here is that conversion price should prevent dilution in near to mid term.  If share price gets any where near 3.35 dollarettes, I'd be happy to take a lot off the table.  Coupon rate of 8% p.a. is atrocious.  Says a lot about what commercial lenders think of the Company, especially since it is a secured Debenture!  Wonder what redemption premium is?  Probably a good deal of 8% over the then remaining life of the term (which effectively means it will never be redeemed/refinanced with cheaper money!)
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