On October 30, 2024, Americas Gold and Silver Corporation completed a bought deal private placement of 125,000,000 subscription receipts at a price of $0.40 per subscription receipt for gross proceeds of $50 million, which included 12,500,000 subscription receipts issued pursuant to the exercise, in full, of the underwriters’ option granted to the underwriters in connection with the private placement.
The private placement was co‐led by Cormark Securities Inc. and TD Securities Inc., on behalf of a syndicate of underwriters including Desjardins Securities Inc., Haywood Securities Inc., Canaccord Genuity Corp., and Eight Capital.
Cassels acted for the underwriters.