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 $7.3176 per share for total proceeds of $36.588 million.
• The sale reduced Sprott’s beneficial ownership from ~14.2% (45,053,940 shares) to ~12.6% (40,053,940 shares), a 2.1% decrease in holdings since the last early‑warning filing.
• Sprott indicated a long‑term view and may acquire or dispose of additional securities in the future, subject to market conditions and strategic considerations.

Key Details

• Shares Sold: 5,000,000 common shares of Americas Gold and Silver Corp.
• Sale Price: Approximately $7.3176 per share.
• Aggregate Consideration: $36,588,000.
• Pre‑sale Ownership: 45,053,940 shares (≈14.2% of outstanding).
• Post‑sale Ownership: 40,053,940 shares (≈12.6% of outstanding).
• Change in Holding Percentage: Decrease of ~2.1% relative to the prior early‑warning report.
• Seller: Sprott Mining Inc., beneficially owned by Eric Sprott.
• Future Intentions: Sprott may acquire additional securities (open market or private) or sell further holdings, depending on market conditions and strategic plans.

Notable Quotes

(No direct quotes were provided in the release.)