Americas Gold and Silver Announces Upsize of "Bought Deal" Private Placement to US$115 Million

Core Viewpoint - Americas Gold and Silver Corporation has increased the size of its private placement offering to US$115 million due to strong investor demand, which will consist of 28,750,000 common shares priced at US$4.00 each [2][3]. Group 1: Offering Details - The company has granted underwriters an option to purchase an additional 4,312,500 common shares at the same price, potentially raising an additional US$17.25 million [3]. - The net proceeds from the offering will be allocated towards funding the cash portion of an acquisition, capital expenditures, and working capital at the Crescent Mine, as well as general corporate purposes [4]. - The offering is expected to close around December 3, 2025, subject to regulatory approvals and other conditions [5]. Group 2: Company Background - Americas Gold and Silver is a growing North American mining company focused on producing silver, copper, and antimony from high-grade operations in the U.S. and Mexico [7]. - The company fully acquired the Galena Complex in December 2024, establishing it as a key U.S. silver asset and the leading active antimony-producing mine in the nation [7]. - With Eric Sprott as the largest shareholder, the company is well-funded for growth, having secured a C$50 million deal and a US$100 million term loan [7].