Americas Gold and Silver Corporation has successfully secured US$132 million through a bought deal private placement to fund its acquisition of Crescent Silver LLC, enhancing its mining operations in Idaho.

Information on the Target

Americas Gold and Silver Corporation (TSX: USA) (NYSEAM: USAS) is a prominent North American mining company focused on the production of silver, copper, and antimony. The company operates high-grade mines in the United States and Mexico, emphasizing its commitment to sustainability and responsible mining practices. Recently, in December 2024, Americas achieved full ownership of the Galena Complex in Idaho, which has established itself as one of the leading active antimony-producing mines in the country. This acquisition was facilitated through a transaction involving well-known industry figures, including Eric Sprott and Paul Huet.

In addition to the Galena Complex, Americas Gold and Silver operates the Cosalá Operations located in Sinaloa, Mexico. With substantial backing, including a C$50 million deal in October 2024 and a US$100 million term loan secured in June 2025, the company is positioned for significant growth. Furthermore, a recent multi-metal offtake agreement with Ocean Partners allows them to treat Galena’s concentrates at Teck Resources’ smelter in British Columbia, ensuring stable operational logistics for their production.

Industry Overview in the Target’s Specific Country

The mining industry in the United States, particularly in the exploration and production of precious metals such as silver, copper, and antimony, is undergoing a transformative phase. A combination of rising commodity prices and enhanced regulatory frameworks has bolstered mini