Eric Sprott Announces Changes to His Holdings in Americas Gold and Silver Corporation

Executive Summary

• Eric Sprott, via Sprott Mining Inc., sold 5,000,000 common shares of Americas Gold and Silver Corp. at approximately $6.791 per share for total proceeds of $33.96 million.
• The sale reduced Mr. Sprott’s beneficial ownership from ~16.3% (50,053,940 shares) to ~14.7% (45,053,940 shares), a decrease of about 3.3 percentage points.
• No immediate indication that the proceeds will be used for corporate purposes; Mr. Sprott reiterated his long‑term view and may buy or sell additional securities in the future.

Key Details

• Shares sold: 5,000,000 common shares of Americas Gold and Silver Corp.
• Sale price: Approximately $6.7910 per share.
• Aggregate consideration: $33,955,000.
• Pre‑sale ownership: 50,053,940 shares (≈16.3% of outstanding shares).
• Post‑sale ownership: 45,053,940 shares (≈14.7% of outstanding shares).
• Ownership change: Decrease of ~3.3 percentage points from the last early warning filing.
• Seller: Sprott Mining Inc., a corporation beneficially owned by Eric Sprott.
• Future intent: Mr. Sprott may acquire or dispose of additional securities based on market conditions, strategic plans, or other factors.

Notable Quotes

“Mr. Sprott has a long‑term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities … depending on market conditions, reformulation of plans and/or other relevant factors.” – Statement from Eric Sprott.