Americas Gold and Silver Closes US$132.25 Million Bought Deal Financing
Summary
We expect the Crescent Acquisition to close in the coming days and with financing now in place, we stand fully-funded for the anticipated near-term capital investments that will be required to advance Cresent into a production decision. The Company has a new non-restrictive 5-year multi-metal offtake agreement with Ocean Partners for treatment of any amount of Galenas concentrates at Teck Resources BC smelter. Americas aims to be a leading North American silver producer and a key source of U.S.-produced antimony.This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to Americas expectations, intentions, plans, assumptions and beliefs with respect to, among other things, the timing and completion of the Acquisition and the ability to satisfy all conditions to the completion of the Acquisition; the expected use of proceeds from the Offering; and the timing and receipt of the final acceptance of the Toronto Stock Exchange and the New York Stock Exchange for the Offering. All subsequent written and oral forwardlooking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/276908