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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 May 14, 2021 7:35am
227 Views
Post# 33201863

RE:RE:RE:Relief Canyon: "The Company is looking at run of mine

RE:RE:RE:Relief Canyon: "The Company is looking at run of mine Hell, if he can get a 54% premium on VWAP, I'd vote for it in a heartbeat!  I've been saying for a while that I think the sharks are circling the ailing carcass that is USAS, as there is still some juicy meat on the bones.    TORONTO, Ontario, March 14, 2021 – Battle North Gold Corporation [formerly known as Rubicon Minerals] (TSX: BNAU)(OTCQX: BNAUF) (“Battle North”) and Evolution Mining Limited (ASX: EVN) (“Evolution”) are pleased to announce they have entered into a definitive arrangement agreement pursuant to which Evolution has agreed to acquire all of the issued and outstanding shares of Battle North (the “Transaction”) at a price of C$2.65 per common share in cash (the "Consideration"), for total consideration for all issued and outstanding shares pursuant to the Transaction of approximately C$343 million. The Consideration represents a 46% premium over the closing price of the Battle North common shares on the Toronto Stock Exchange on March 12, 2021 and a 54% premium based on the volume-weighted average price ("VWAP") of the Battle North common shares over the last 20 trading days. [emph and wording added]
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