Americas Gold & Silver Corp (USAS) Form 6-K — May 22, 2026
Americas Gold and Silver Corp (USAS) has agreed to terminate its Silver Delivery Agreement with Sprott Mining Inc. by issuing 7,956,696 common shares at a deemed price of US$5.57 per share. This transaction eliminates the remaining obligation of 592,000 ounces of silver under the stream agreement. The company states that this move removes over $45 million in variable future debt obligations, strengthening its balance sheet and allowing it to reinvest in operations.
Key figures
- Shares Issued
- 7956696
- Deemed Price Per Share
- 5.57
- Silver Ounces Terminated
- 592000
- Future Debt Obligation Removed
- 45000000
- Hold Period Months
- 4
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