Recapitalization and Production Plans - The Company is focused on the Recapitalization Plan at the Galena Complex, aiming to significantly grow resources, increase production, and reduce operating costs[18] - Expected production levels at the Cosalá Operations are targeted to improve, with a focus on higher-grade silver ores[18] - The Company anticipates capital expenditures for the EC120 Project, with expectations for approvals and financing availability[18] Compliance and Reporting - The Company has not prepared a technical summary in compliance with S-K 1300, which may incur unforeseen costs associated with compliance[22] - The Company qualifies as an "emerging growth company" and will continue to benefit from certain exemptions from reporting requirements[24] - The Company’s financial statements are prepared in accordance with IFRS, supplemented by non-GAAP financial measures for internal performance assessment[32] Risks and Challenges - The Company faces risks related to market fluctuations in commodity prices and geopolitical instability, which may impact financial conditions[19] - The Company is subject to operational risks at its mining properties, including the San Rafael project, Galena Complex, and Relief Canyon mines[19] - The Company may need additional capital in the future and could face challenges in obtaining it on favorable terms[19] - The Company does not undertake to update any forward-looking statements unless required by applicable securities laws[20]

EXHIBIT 99.1 AMERICAS GOLD AND SILVER CORPORATION Consolidated Financial Statements For the years ended December 31, 2023 and 2022 (In thousands of U.S. dollars, unless otherwise stated) Americas Gold and Silver Corporation (In thousands of U.S. dollars, unless otherwise stated) December 31, 2023 and 2022 CONTENTS | | Page | | --- | --- | | Management's Responsibility for Financial Reporting | 2 | | Independent Auditor's Report | 3 | | Consolidated Statements of Financial Position | 5 | | Consolidated State ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2023 and 2022 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Notice of No Auditor Review of Condensed Interim Consolidated Financial Statements Under National Instrument 51-102, Part 4, subsection 4.3(3) (a), if an auditor has not performed a review of the interim financial statements; they must be accompanied by a notice indicating that ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three and six months ended June 30, 2023 and 2022 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Americas Gold and Silver Corporation Condensed interim consolidated statements of financial position (In thousands of U.S. dollars, unaudited) | | | June 30, | | December 31, | | --- | --- | --- | --- | --- | | As at | | 2023 | | 2022 | | Assets | | | | | | Current assets | | | | | | ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three months ended March 31, 2023 and 2022 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Notice of No Auditor Review of Condensed Interim Consolidated Financial Statements Under National Instrument 51-102, Part 4, subsection 4.3(3) (a), if an auditor has not performed a review of the interim financial statements; they must be accompanied by a notice indicating that the financial ...

For the years ended December 31, 2022 and 2021 (In thousands of U.S. dollars, unless otherwise stated) Americas Gold and Silver Corporation (In thousands of U.S. dollars, unless otherwise stated) December 31, 2022 and 2021 CONTENTS Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Consolidated Financial Statements | | Page | | --- | --- | | Management's Responsibility for Financial Reporting | 2 | | Independent Auditor's Report | 3 | | Consolidated Statements of Financial Position | 4 | | Consolidated State ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2022 and 2021 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Americas Gold and Silver Corporation Condensed interim consolidated statements of financial position (In thousands of U.S. dollars, unaudited) | | | September 30, | | December 31, | | --- | --- | --- | --- | --- | | As at | | 2022 | | 2021 | | Assets | | | | | | Current assets | ...

Exhibit 99.1 Americas Gold and Silver Corporation AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three and six months ended June 30, 2022 and 2021 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Americas Gold and Silver Corporation Condensed interim consolidated statements of financial position (In thousands of U.S. dollars, unaudited) June 30, December 31, As at 2022 2021 Assets Current assets Cash and cash equivalents $ 8,824 $ 2,900 Tra ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Condensed Interim Consolidated Financial Statements For the three months ended March 31, 2022 and 2021 (In thousands of U.S. dollars, unless otherwise stated, unaudited) Americas Gold and Silver Corporation Condensed interim consolidated statements of financial position (In thousands of U.S. dollars, unaudited) | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | | As at | | 2022 | | 2021 | | Assets | | | | | | Current assets | | | | | | Cash a ...

Exhibit 99.1 AMERICAS GOLD AND SILVER CORPORATION Consolidated Financial Statements For the years ended December 31, 2021 and 2020 (In thousands of U.S. dollars, unless otherwise stated) Americas Gold and Silver Corporation (In thousands of U.S. dollars, unless otherwise stated) December 31, 2021 and 2020 CONTENTS | | Page | | --- | --- | | Management's Responsibility for Financial Reporting | 2 | | Independent Auditor's Report | 3 | | Consolidated Statements of Financial Position | 5 | | Consolidated State ...