Americas Gold and Silver Corporation Announces Upsize of Private Placement to up to C$7.5 Million

Not for distribution to United States newswire services or for dissemination in the United States

TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- Americas Gold and Silver Corporation (TSX: USA, NYSE American: USAS) (the “Company”) is pleased to announce that it has entered into an amending agreement with Eight Capital, as agent, to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to 25,000,000 units of the Company (the “Units”) at a price of C$0.30 per Unit (the “Offering”) for aggregate gross proceeds of up to C$7,500,000. In addition, the Company and Eight Capital have agreed that Eight Capital shall be granted an option to sell an additional 1,000,000 Units for additional gross proceeds of up to C$300,000.

Read more at globenewswire.com