Americas Gold & Silver Business Summary

Americas Gold & Silver Corp (USAS) is a North American precious metals producer that generates revenue through the extraction and sale of silver, copper, antimony, lead, and gold concentrates. The company’s primary business segments include the 100%-owned Galena Complex in Idaho, which serves as the largest active antimony producer in the United States, and the Cosalá Operations in Mexico, which recently achieved record production following the 2026 commercial ramp-up of the high-grade EC120 mine. Additionally, the company is integrating the newly acquired Crescent Silver Mine to expand its Idaho footprint and maintains the Relief Canyon mine in Nevada and the San Felipe project in Mexico. Positioned as a high-leverage silver play with a strategic focus on domestic critical minerals, Americas Gold & Silver competes directly with mid-tier miners such as Aya Gold & Silver, First Majestic Silver, and Silvercorp Metals, distinguishing itself through its unique U.S.-based antimony-silver production profile. The leadership team is currently led by Chairman and CEO Paul Andre Huet, a seasoned mining executive who previously served as CEO of Karora Resources and Klondex Mines, where he oversaw significant shareholder value creation through strategic mergers and acquisitions. He is supported by CFO Warren Varga, formerly of Barrick Gold, and COO Michael Doolin, whose operational pedigree includes scaling throughput at Karora and Klondex. The company’s board features prominent industry figures such as Lead Director Scott Hand, the former Chairman and CEO of Inco Limited, and Tara Hassan, a mining engineer with extensive corporate development experience. A key pillar of the company’s institutional backing is billionaire mining investor Eric Sprott, who remains the largest individual shareholder with an approximate 14% stake following the strategic unitization of the Galena Complex.