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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 michaelstlon Jun 04, 2021 11:25am
261 Views
Post# 33329758

Remember Private Placement May 5, 2020

Remember Private Placement May 5, 2020With guys like this invloved in the company I feel that something will be done to bandage the problem.

"The company will issue 8.93 million common shares at $2.80 each to a syndicate of underwriters co-led by Cormack  Securities Inc. and Desjardins Securities Inc. It has also granted the underwriters the option to purchase up to an additional 15% of the offering for 30 days after the deal closes, expected on or about May 13. Pierre Lassonde and Eric Sprott have agreed to subscribe for a total of $8.75 million"
What do you think?
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