Americas Gold and Silver to Acquire Remaining 40% Interest in Galena Complex From Sprott Affiliate

October 9, 2024

Americas Gold and Silver Corporation entered into a binding definitive agreement to acquire the remaining 40% interest in the Galena Complex in Idaho, USA, to consolidate its Galena joint venture. The acquisition is agreed with an affiliate of Eric Sprott and Paul André Huet, with closing expected before year-end, alongside a C$40 million bought-deal private placement financing.

Buyers
Americas Gold and Silver Corporation
Targets
Galena Complex
Sellers
An affiliate of Eric Sprott, Paul Andre Huet
Location
Idaho, United States
Transaction Type
Buyout

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