Americas Gold and Silver Increases "Bought Deal" Private Placement to US$115 Million

Private Placement Announcement: Americas Gold and Silver Corporation has increased its private placement offering to US$115 million due to strong investor demand, consisting of 28.75 million common shares priced at US$4.00 each.

Underwriters' Option: The company has granted underwriters an option to purchase an additional 4.31 million common shares for up to US$17.25 million, exercisable up to 48 hours before the offering closes.

Use of Proceeds: The net proceeds from the offering will be allocated towards funding the acquisition's cash portion, capital expenditures, and working capital at the Crescent Mine, along with general corporate purposes.

Regulatory Compliance: The offering is subject to regulatory approvals, including from the Toronto Stock Exchange, and the securities will be offered on a private placement basis without registration under U.S. securities laws.