TORONTO, ONTARIO— March 15, 2023 —Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, reports consolidated financial and operational results for the year ended December 31, 2022. This earnings release should be read in conjunction with the Company’s Management’s Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR profile at http://www.sedar.com, and on its EDGAR profile at http://www.sec.gov, and which are also available on the Company’s website at http://www.americas‐ gold.com. All figures are in U.S. dollars unless otherwise noted.