Americas Gold and Silver Corporation Provides Update – Announces Defeat of Proposed Class Action and Ratified Collective Bargaining Agreements

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Nov 30, 2022

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, is pleased to announce that the Ontario Superior Court of Justice has ruled that the putative class action lawsuit brought against the Company and its Chief Executive Officer in the summer of 2021 cannot proceed. The action sought damages relating to the Company’s public disclosure concerning its Relief Canyon Mine. The Company has always believed that the complaint was without merit and is pleased with the court’s findings with respect to the company’s public disclosure.