Americas Silver Corporation Announces Closing of C$20 Million Financing

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1883-tsx/usa/20878-americas-silver-corporation-announces-closing-of-c-20-million-financing.html

Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) (the “Company”) is pleased to announce that, further to its press release on May 20, 2016, it has closed the private placement of approximately 67 million units (the “Units”) at a price of C$0.30 per Unit, for total gross proceeds of approximately C$20 million (the “Offering”). A concurrent private placement of subscription receipts announced May 24, 2016 (the “Concurrent Offering”) with additional gross proceeds of up to C$11.5 million is expected to close on or about Tuesday June 14, 2016. The proceeds of the Concurrent Offering will be held in escrow pending satisfaction of release conditions including shareholder approval.

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