TORONTO, ONTARIO--(Marketwired - May 26, 2016) - Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) (the
"Company") announced today that its Board of Directors (the "Board") has elected director Alex Davidson to the role of Chairman
of the Board, effective today. Peter Hawley has stepped down as Chairman but will continue to act as a Director of the
Company.
"Peter has been an integral part of the Company from day one as a founder and former President and Chief Executive Officer of
its predecessor Scorpio Mining Company. On behalf of the Board, I want to thank him for his leadership and tireless commitment to
the Company, and I am confident he will continue to be an integral part of the Board going forward" said Alex Davidson, Chairman
of Americas Silver Corporation. "I am excited to take on the position and responsibility of Chairman and I look forward to
continuing to work closely with Darren and our highly regarded management team to make the Company a world class intermediate
precious metals producer."
About Mr. Davidson
Mr. Davidson is currently a corporate director and was formerly Executive Vice President, Exploration and Corporate
Development at Barrick Gold Corporation ("Barrick"), with responsibility for Barrick's international exploration programs and
corporate development activities until 2009. As Vice President Exploration in 1993, he initiated Barrick's expansion out of North
America and into Latin America and beyond. Mr. Davidson has over 35 years' experience in designing, implementing and managing
gold and base metal exploration and acquisition programs globally. In 2005, Mr. Davidson was presented the A.O. Dufresne Award by
the Canadian Institute of Mining, Metallurgy and Petroleum to recognize exceptional achievement and distinguished contributions
to mining exploration in Canada. In 2003, Mr. Davidson was named the Prospector of the Year by the Prospectors and Developers
Association of Canada in recognition of his team's discovery of the Lagunas Norte Project in the Alto Chicama District in Peru.
Mr. Davidson is also a director of Capital Drilling Limited, Perseus Mining Ltd, Orca Gold Inc., NuLegacy Gold Corporation and
Yamana Gold Inc.
Cosalá Operations Update
The Company today reported that the Nuestra Señora mine has recommenced ore production and expects mill feed from the mine to
be processed before the end of the week. As previously reported, the Cosalá Operations has been processing stockpiled Nuestra
Señora material and ore from various known sources, including the past producing La Verde and La Estrella mines, since early
April while mining was impacted by ground movement near the Nuestra Señora portal. Full access to the mine has been restored and
management is confident that a similar interruption will not recur.
About Americas Silver Corporation
The Company is a silver mining company focused on growth in precious metals from its existing asset base and execution of
targeted accretive acquisitions. It owns and operates the Cosala Operations in Sinaloa, Mexico and the Galena Mine Complex
in Idaho, USA.
For further information please see SEDAR or www.americassilvercorp.com.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward‐looking information" within the meaning of applicable securities laws. Forward‐looking
information includes, but is not limited to, the Company's expectations intentions, plans, assumptions and beliefs with respect
to, among other things, the re-opening of the Nuestra Señora mine, the San Rafael prefeasibility study, estimates of mineral
reserves and resources, realization of mineral reserve estimates, the Cosalá Operations and Galena Complex as well as the
Company's financing efforts. Often, but not always, forward‐looking information can be identified by forward‐looking words such
as "anticipate", "believe", "expect", "goal", "plan", "intend", "estimate", "may", "assume" and "will" or similar words
suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about
future events or performance. Forward‐looking information is based on the opinions and estimates of the Company as of the date
such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the
actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or
implied by such forward looking information. This includes the ability to develop and operate the Cosalá and Galena properties,
risks associated with the mining industry such as economic factors (including future commodity prices, currency fluctuations and
energy prices), failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks
(including ground conditions), government regulation, actual results of current exploration activities, possible variations in
ore grade or recovery rates, permitting timelines, capital expenditures, reclamation activities, social and political
developments and other risks of the mining industry. Although the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward‐looking information, there may be other factors that
cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such
information. By its nature, forward‐looking information involves numerous assumptions, inherent risks and uncertainties, both
general and specific that contribute to the possibility that the predictions, forecasts, and projections of various future events
will not occur. The Company undertakes no obligation to update publicly or otherwise revise any forward‐looking information
whether as a result of new information, future events or other such factors which affect this information, except as required by
law.