Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Americas Gold and Silver Corporation (TSX:USA) (NYSE:USAS) (&#34;Americas&#34; or the &#34;Company&#34;), a growing North American precious metals and antimony producer is pleased to

<p>Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Americas Gold and Silver Corporation (<b>TSX:<a class="ticker" href="https://www.benzinga.com/quote/USA">USA</a></b>) (<b>NYSE:<a class="ticker" href="https://www.benzinga.com/quote/USAS">USAS</a></b>) ("Americas" or the "Company"), a growing North American precious metals and antimony producer is pleased to announce that it has closed the previously announced agreement with Sprott Mining Inc. (see Americas news release dated May 22, 2026) to terminate the remaining obligation to deliver 592,000 ounces of silver under the existing Silver Delivery Agreement with Sprott Mining Inc. in exchange for 7,956,696 shares of the Company issued at a deemed price of US$5.57 per share.</p><p>The Company is also pleased to announce it has closed the previously announced agreement with International Royalty Corporation ("IRC"), an affiliate of Royal Gold, Inc. (see Americas news release dated May 26, 2026) to settle its remaining obligation to deliver a total of 8,861 ounces of gold to IRC over the period between June 2026 and December 2027 under the existing Precious Metals Delivery and Purchase Agreement dated April 3, 2019, as amended. The Company's obligation to deliver 8,861 ounces of gold has been settled in exchange for the delivery of 5,000 ounces of gold by the Company and 2,652,532 common shares of the Company issued at a deemed price of US$5.86 per share. </p><p><b>About Americas Gold and Silver Corporation</b></p><p>Americas Gold and Silver is a rapidly growing North American mining company producing silver, copper, lead, and antimony from high-grade operations in the U.S. and Mexico. In December 2024, Americas acquired 100% ownership of the Galena Complex (Idaho) in a transaction with Eric Sprott, former 40% Galena owner, becoming Americas' largest shareholder. This transaction consolidated Galena as a cornerstone U.S. silver asset and the nation's largest antimony mine. In December 2025, Americas acquired the fully permitted, past-producing Crescent Silver Mine (9 miles from Galena) with the world's 3rd highest-grade silver resource, creating significant potential future synergies through shared infrastructure and processing. In February 2026, Americas formed a 51/49 joint venture with US Antimony to build a new antimony processing hub at Galena, creating a U.S. "mine-to-finished product" antimony solution. Americas also owns and operates the Cosal&#225; Operations in Sinaloa, Mexico. Americas is fully funded to aggressively grow production at the Galena Complex, Crescent and in Mexico with an aim to be a leading North American silver producer and a key source of U.S.-produced antimony.</p><div id="contactInfo"><p><b>For more information:</b></p><p>Miranda Powell<br />Manager, Communications<br />M:          +1-775-771-8832<br />E:            <a href="mailto:ir@americas-gold.com">ir@americas-gold.com</a><br />W:          <a href="https://api.newsfilecorp.com/redirect/Lq1yNuDPXB">americas-gold.com</a></p></div><p><b>Cautionary Statement on Forward-Looking Information</b></p><p><i>This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas' expectations, intentions, plans, assumptions, and beliefs with respect to anticipated results of the transactions contemplated herein. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate," "believe," "expect," "goal," "plan," "intend," "potential," "estimate," "may," "assume," and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to the risk factors relating to the Company found under the heading "Risk Factors" in the Company's most recent Annual Information or the Company's MD&#38;A; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development, or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; potential litigation; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; risks associated with the mining industry generally, such as economic factors (including future commodity prices, currency fluctuations, and energy prices), ground conditions, failure of plant, equipment, processes, and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in grade or recovery rates, permitting timelines, capital expenditures, reclamation activities, labor relations; and risks related to changing global economic conditions and market volatility. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas' filings with the Canadian Securities Administrators on SEDAR+ and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events, or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.</i></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/5082/301031_510a3b6c348c5817_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/oPnQvcv4kP">https://www.newsfilecorp.com/release/301031</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/301031/197" alt="" /></p>

TSX:USA

Americas Gold and Silver Closes Previously Announced Agreements to Settle Silver and Gold Delivery Obligations

Americas restructures obligations via equity; near-term dilution, asset growth potential

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Americas Gold and Silver Corporation (TSX:USA) (NYSE:USAS) (&amp;#34;Americas&amp;#34; or the &amp;#34;Company&amp;#34;), a growing North American precious metals and antimony producer is pleased to</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Americas announced the termination of its 592,000 oz silver delivery with Sprott Mining in exchange for 7,956,696 shares at US$5.57, and restructured gold deliveries to IRC for 2,652,532 shares and 5,000 oz gold at US$5.86. The moves shift obligations into equity and underscore growth at the Galena Complex, Crescent Silver Mine, and a US Antimony JV, potentially expanding margins through an integrated mine-to-market approach.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Americas terminates 592k oz silver delivery with Sprott Mining for 7,956,696 shares at US$5.57.</li><li>IRC gold delivery settled; 2,652,532 shares and 5,000 oz gold at US$5.86.</li><li>51/49 joint venture with US Antimony formed February 2026 to build antimony hub at Galena.</li><li>Growth projects include Galena and Crescent; expansion supports U.S.-sourced metals.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Sprott Mining Inc. (N/A)</strong>: Counterparty to silver delivery; termination implies equity consideration and dilution risk.</li><li><strong>International Royalty Corporation (affiliate of Royal Gold, Inc.) (N/A)</strong>: Gold delivery obligation settled via shares and physical gold; involves royalty affiliate.</li><li><strong>Royal Gold, Inc. (RGLD)</strong>: Affiliate relationship via IRC; potential royalties exposure and strategic cross-links.</li><li><strong>US Antimony Corporation (USAC)</strong>: 51/49 JV to build antimony hub at Galena; expands exposure to antimony pricing and supply chain.</li><li><strong>Eric Sprott (N/A)</strong>: Former Galena owner and large shareholder; broader influence on ownership base.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. It reflects strategic balance-sheet restructuring and asset-growth initiatives via equity swaps and joint ventures, aligning with Americas&#039; growth agenda at Galena, Crescent, and US Antimony.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Share issuances to settle silver and gold obligations imply near-term equity dilution.</li><li>Termination of silver delivery reduces near-term contractual risk but increases share count.</li><li>US Antimony JV creates exposure to antimony pricing and U.S. mine-to-product capability.</li><li>Metal-price moves (gold/silver) will influence the relative value of settled obligations.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Silver delivery obligation of 592,000 oz terminated; 7,956,696 shares issued at US$5.57.</li><li>Gold delivery to IRC of 8,861 oz settled; 2,652,532 shares issued and 5,000 oz gold delivered at US$5.86.</li><li>February 2026: 51/49 JV with US Antimony formed to build Galena antimony hub.</li><li>December 2025: Crescent Silver Mine acquisition; nine miles from Galena; high-grade silver resource.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>In 6–12 months, TSX:USA may face near-term dilution risk from these share issuances, with potential upside from Galena/Crescent expansion and the US Antimony JV.</p>
  </section>
</section>


<p>Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Americas Gold and Silver Corporation (<b>TSX:<a class="ticker" href="https://www.benzinga.com/quote/USA">USA</a></b>) (<b>NYSE:<a class="ticker" href="https://www.benzinga.com/quote/USAS">USAS</a></b>) ("Americas" or the "Company"), a growing North American precious metals and antimony producer is pleased to announce that it has closed the previously announced agreement with Sprott Mining Inc. (see Americas news release dated May 22, 2026) to terminate the remaining obligation to deliver 592,000 ounces of silver under the existing Silver Delivery Agreement with Sprott Mining Inc. in exchange for 7,956,696 shares of the Company issued at a deemed price of US$5.57 per share.</p><p>The Company is also pleased to announce it has closed the previously announced agreement with International Royalty Corporation ("IRC"), an affiliate of Royal Gold, Inc. (see Americas news release dated May 26, 2026) to settle its remaining obligation to deliver a total of 8,861 ounces of gold to IRC over the period between June 2026 and December 2027 under the existing Precious Metals Delivery and Purchase Agreement dated April 3, 2019, as amended. The Company's obligation to deliver 8,861 ounces of gold has been settled in exchange for the delivery of 5,000 ounces of gold by the Company and 2,652,532 common shares of the Company issued at a deemed price of US$5.86 per share. </p><p><b>About Americas Gold and Silver Corporation</b></p><p>Americas Gold and Silver is a rapidly growing North American mining company producing silver, copper, lead, and antimony from high-grade operations in the U.S. and Mexico. In December 2024, Americas acquired 100% ownership of the Galena Complex (Idaho) in a transaction with Eric Sprott, former 40% Galena owner, becoming Americas' largest shareholder. This transaction consolidated Galena as a cornerstone U.S. silver asset and the nation's largest antimony mine. In December 2025, Americas acquired the fully permitted, past-producing Crescent Silver Mine (9 miles from Galena) with the world's 3rd highest-grade silver resource, creating significant potential future synergies through shared infrastructure and processing. In February 2026, Americas formed a 51/49 joint venture with US Antimony to build a new antimony processing hub at Galena, creating a U.S. "mine-to-finished product" antimony solution. Americas also owns and operates the Cosal&#225; Operations in Sinaloa, Mexico. Americas is fully funded to aggressively grow production at the Galena Complex, Crescent and in Mexico with an aim to be a leading North American silver producer and a key source of U.S.-produced antimony.</p><div id="contactInfo"><p><b>For more information:</b></p><p>Miranda Powell<br />Manager, Communications<br />M:          +1-775-771-8832<br />E:            <a href="mailto:ir@americas-gold.com">ir@americas-gold.com</a><br />W:          <a href="https://api.newsfilecorp.com/redirect/Lq1yNuDPXB">americas-gold.com</a></p></div><p><b>Cautionary Statement on Forward-Looking Information</b></p><p><i>This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, Americas' expectations, intentions, plans, assumptions, and beliefs with respect to anticipated results of the transactions contemplated herein. Often, but not always, forward-looking information can be identified by forward-looking words such as "anticipate," "believe," "expect," "goal," "plan," "intend," "potential," "estimate," "may," "assume," and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions, or statements about future events or performance. Forward-looking information is based on the opinions and estimates of Americas as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of Americas to be materially different from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to the risk factors relating to the Company found under the heading "Risk Factors" in the Company's most recent Annual Information or the Company's MD&#38;A; interpretations or reinterpretations of geologic information; unfavorable exploration results; inability to obtain permits required for future exploration, development, or production; general economic conditions and conditions affecting the mining industry; the uncertainty of regulatory requirements and approvals; potential litigation; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms or at all; risks associated with the mining industry generally, such as economic factors (including future commodity prices, currency fluctuations, and energy prices), ground conditions, failure of plant, equipment, processes, and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in grade or recovery rates, permitting timelines, capital expenditures, reclamation activities, labor relations; and risks related to changing global economic conditions and market volatility. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward-looking information is available in Americas' filings with the Canadian Securities Administrators on SEDAR+ and with the SEC. Americas does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events, or other such factors which affect this information, except as required by law. Americas does not give any assurance (1) that Americas will achieve its expectations, or (2) concerning the result or timing thereof. All subsequent written and oral forward-looking information concerning Americas are expressly qualified in their entirety by the cautionary statements above.</i></p><p id="corporateNewsLogoContainer"><img src="https://images.newsfilecorp.com/files/5082/301031_510a3b6c348c5817_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" /></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/oPnQvcv4kP">https://www.newsfilecorp.com/release/301031</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/301031/197" alt="" /></p>

Americas announced the termination of its 592,000 oz silver delivery with Sprott Mining in exchange for 7,956,696 shares at US$5.57, and restructured gold deliveries to IRC for 2,652,532 shares and 5,000 oz gold at US$5.86. The moves shift obligations into equity and underscore growth at the Galena Complex, Crescent Silver Mine, and a US Antimony JV, potentially expanding margins through an integrated mine-to-market approach.

Americas Gold and Silver Closes Previously Announced Agreements to Settle Silver and Gold Delivery Obligations

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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