<SEC-DOCUMENT>0001157523-19-000001.txt : 20190102
<SEC-HEADER>0001157523-19-000001.hdr.sgml : 20190102
<ACCEPTANCE-DATETIME>20190102070056
ACCESSION NUMBER:		0001157523-19-000001
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190102
FILED AS OF DATE:		20190102
DATE AS OF CHANGE:		20190102

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Americas Silver Corp
		CENTRAL INDEX KEY:			0001286973
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37982
		FILM NUMBER:		19500061

	BUSINESS ADDRESS:	
		STREET 1:		145 KING ST. W.
		STREET 2:		SUITE 2870
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 1J8
		BUSINESS PHONE:		604-678-9639

	MAIL ADDRESS:	
		STREET 1:		145 KING ST. W.
		STREET 2:		SUITE 2870
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5H 1J8

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SCORPIO MINING CORP
		DATE OF NAME CHANGE:	20040414
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a51919698.htm
<DESCRIPTION>AMERICAS SILVER CORPORATION 6-K
<TEXT>
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      <font style="font-size: 10pt; font-family: Times New Roman">UNITED STATES</font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-size: 10pt; font-family: Times New Roman"></font><font style="font-size: 10pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font><br><font style="font-size: 10pt; font-family: Times New Roman">Washington,
      D.C. 20549</font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p style="text-align: center">
      <font style="font-size: 16pt"><b>Form 6-K</b></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>REPORT OF
      FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE </b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">For the
      month of</font> <font style="font-size: 10pt; font-family: Times New Roman"><b>January
      2019</b></font><br>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Commission
      File Number</font> <b>001-37982</b>
    </p>
    <p style="white-space: nowrap">

    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
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          <p style="margin-top: 0px; margin-bottom: 0px; font-size: 10pt; font-family: Times New Roman">
            <font style="font-size: 12pt"><b>AMERICAS SILVER CORPORATION</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          (Translation of registrant&#8217;s name into English)
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px; font-size: 10pt; font-family: Times New Roman">
            <b>145 King Street West, Suite 2870<br>Toronto, Ontario, Canada<br>M5H
            1J8</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of principal executive offices)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark whether the registrant files or will file annual reports
      under cover Form 20-F or Form 40-F: </font>
    </p>
    <p style="text-indent: 90.0px; text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Form 20-F&#160;&#160;&#160;</font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 12pt">&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; font-family: Times New Roman">Form
      40-F </font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8864;</font><font style="font-size: 10pt; font-family: Times New Roman">
      </font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark if the registrant is submitting the Form 6-K in paper as
      permitted by Regulation S-T Rule 101(b)(1): </font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p style="font-size: 10pt; margin-left: 30.0px">
      <b>Note:</b>&#160;&#160;Regulation S-T Rule 101(b)(1) only permits the submission
      in paper of a Form 6-K if submitted solely to provide an attached annual
      report to security holders.
    </p>
    <p style="text-align: justify">
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark if the registrant is submitting the Form 6-K in paper as
      permitted by Regulation S-T Rule 101(b)(7): </font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p style="margin-left: 30.0px; text-align: left">
      <b>Note:</b> Regulation&#160;S-T Rule&#160;101(b)(7) only permits the submission
      in paper of a Form&#160;6-K if submitted to furnish a report or other
      document that the registrant foreign private issuer must furnish and
      make public under the laws of the jurisdiction in which the registrant
      is incorporated, domiciled or legally organized (the registrant&#8217;s &#8220;home
      country&#8221;), or under the rules of the home country exchange on which the
      registrant&#8217;s securities are traded, as long as the report or other
      document is not a press release, is not required to be and has not been
      distributed to the registrant&#8217;s security holders, and, if discussing a
      material event, has already been the subject of a Form&#160;6-K submission or
      other Commission filing on EDGAR.
    </p>
    <p style="margin-left: 30.0px; text-align: left">

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURE</b></font><font style="font-size: 10pt; font-family: Times New Roman">
      </font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.</font>
    </p>
<div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-size: 10pt; width: 100%; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>AMERICAS SILVER CORPORATION</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 10.0px; border-bottom-width: 1.0pt; border-bottom-color: black; width: 20%; border-bottom-style: solid; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Peter McRae
          </p>
        </td>
        <td style="width: 30%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 50%; text-align: left" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date: &#160;&#160;January 2, 2019&#160;
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Peter McRae
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Legal Officer and Senior Vice President Corporate
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="padding-left: 0.0px; text-align: left" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Affairs
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; font-family: Times New Roman; text-align: center">
          -2-
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      <b>INDEX TO EXHIBITS</b>
    </p>
    <p style="white-space: nowrap">
      <a href="a51919698ex99_1.htm">99.1</a>&#160;&#160;&#160;&#160;&#160;&#160;<a href="a51919698ex99_1.htm">News
      release dated January 2, 2019</a>
    </p>
    <p>

    </p>
    <p style="text-align: center">
      -3-
    </p>
    <p style="text-align: left">

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51919698ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Americas
      Silver Provides Updates on the Pershing Gold Transaction and&#160;the San
      Felipe Property Option</b></font>
    </p>
    <p>
      TORONTO, Ontario--(BUSINESS WIRE)--January 2, 2019--Americas Silver
      Corporation (TSX:USA) (NYSE American:USAS) (&#8220;Americas Silver&#8221; or the
      &#8220;Company&#8221;) is pleased to provide an update on developments for the
      pending merger transaction (the &#8220;Transaction&#8221;) with Pershing Gold
      Corporation (&#8220;Pershing Gold&#8221;) announced September 30, 2018, including
      details of the special meeting of shareholders (the &#8220;Special Meeting&#8221;),
      and to provide an update regarding its option agreement on the San
      Felipe property.
    </p>
    <p>
      <u><b>Pershing Gold Transaction Update</b></u>
    </p>
    <p>
      <i><b>ISS and Glass Lewis Recommendations</b></i>
    </p>
    <p>
      Institutional Shareholder Services, Inc. (&#8220;ISS&#8221;) and Glass, Lewis &amp; Co.,
      LLC (&#8220;Glass Lewis&#8221;), two leading independent proxy advisory firms<sup>1</sup>,
      have recommended that shareholders vote in favour of the Transaction at
      the upcoming special meeting with respect to the resolutions outlined in
      the Management Information Circular (the &#8220;Circular&#8221;).
    </p>
    <p>
      <b>Both ISS and Glass Lewis RECOMMEND that shareholders of the Company
      VOTE IN FAVOUR of the resolutions outlined in the Circular.</b>
    </p>
    <p>
      &#8220;Both ISS and Glass Lewis support the Transaction,&#8221; said Darren
      Blasutti, President and Chief Executive Officer of Americas Silver.
      &#8220;These independent recommendations further support our belief that the
      Transaction is in the best interests of our collective shareholders.&#8221;
    </p>
    <p>
      <i><b>Mailing of Special Meeting Materials and Voting Instructions</b></i>
    </p>
    <p>
      The meeting materials in connection with the Special Meeting, including
      the Circular, were mailed to Company shareholders and filed on SEDAR and
      EDGAR on December 12, 2018. The Special Meeting will be held on January
      9, 2019. The record date for shareholders entitled to vote at the
      Special Meeting is November 30, 2018.
    </p>
    <p>
      <b>The Company&#8217;s Board of Directors RECOMMENDS that shareholders of the
      Company VOTE IN FAVOUR of the resolutions outlined in the Circular.</b>
    </p>
    <p>
      Americas Silver shareholders are encouraged to vote, which must be
      received by Computershare by 10:00 a.m. (EST) on January 7, 2019. <b>Your
      vote is very important</b>. Shareholders should vote using the
      applicable form of proxy or voting instruction form today. Company
      shareholders who have questions about the Transaction or need assistance
      voting may contact Shorecrest Group, Ltd., the solicitation agent for
      the Transaction at:
    </p>
    <p>
      Shorecrest Group, Ltd.<br>North America Toll-Free: 1-888-637-5789<br>Collect
      Calls Outside North America: 1-647-931-7454<br>E-mail: <u>contact@shorecrestgroup.com</u>
    </p>
    <div style="margin-right: 0pt; margin-bottom: 10pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
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        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Possible CFIUS Approval Delay</b></i>
    </p>
    <p>
      As a condition of the Merger Agreement between Americas Silver and
      Pershing Gold, the Transaction must obtain necessary approval from the
      Committee on Foreign Investment in the United States (&#8220;CFIUS&#8221;). Americas
      Silver and Pershing Gold jointly filed the required notice with CFIUS on
      November 21, 2018 with the applicable 45-day review period commencing on
      November 29, 2018.
    </p>
    <p>
      On December 22, 2018, the Company received notification from CFIUS that
      all deadlines for declarations and transactions under review or
      investigation are tolled due to the lapse in appropriations attributable
      to the partial U.S. government shutdown. As a result, the closing of the
      Transaction, previously estimated to be on or about January 14, 2019,
      may be extended until appropriations are restored and a subsequent
      approval is obtained from CFIUS or the parties waive this condition. The
      Company continues to monitor the status of the shutdown and its impact
      on the closing of the Transaction and will provide updates as necessary.
    </p>
    <p>
      <u><b>San Felipe Property Update</b></u>
    </p>
    <p>
      The Company has agreed to terms with Minera Hochschild Mexico S.A. de
      C.V. (&#8220;Hochschild&#8221;) to extend the timing of payments under its option
      agreement on the San Felipe silver&#8208;zinc&#8208;lead project (the &#8220;San Felipe
      Property&#8221;). The San Felipe Property is located 130 km northeast of
      Hermosillo City, Sonora State in Mexico. As announced in a release dated
      March 2, 2017, the Company purchased an option granting it the right to
      acquire a 100% interest in the San Felipe Property (the &#8220;Option&#8221;).
      Further to the agreed terms, the remaining cash payment of US$6.0
      million (plus applicable VAT) is to become due and payable in eight
      quarterly amounts of US$750,000 over a two-year period. The quarterly
      payments are expected to begin at or following the end of Q1-2019,
      subject to satisfaction of certain conditions.
    </p>
    <p>
      As consideration for the deferral of the cash payment described above,
      subject to required approvals including the approval of the Toronto
      Stock Exchange (the &#8220;TSX&#8221;), the Company has agreed to issue that number
      of its common shares with a value that is equal to US$600,000 using the
      5-day volume-weighted average price on the TSX as of the date of the
      parties&#8217; agreement (and for which the Company has obtained price
      protection from the TSX pursuant to its rules), subject to adjustment in
      certain circumstances.
    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; width: 100%; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>About Americas Silver Corporation</b></u>
    </p>
    <p>
      Americas Silver is a silver mining company focused on growth in precious
      metals from its existing asset base and execution of targeted accretive
      acquisitions. It owns and operates the Cosal&#225; Operations in Sinaloa,
      Mexico and the Galena Complex in Idaho, USA. The Company holds an option
      on the San Felipe development project in Sonora, Mexico.
    </p>
    <p>
      For further information please see SEDAR or americassilvercorp.com.
    </p>
    <p>
      <b>Cautionary Statement on Forward&#8208;Looking Information:</b>
    </p>
    <p>
      This news release contains &#8220;forward-looking information&#8221; within the
      meaning of applicable securities laws. Forward-looking information
      includes, but is not limited to, Americas Silver&#8217;s and Pershing&#8217;s
      expectations intentions, plans, assumptions and beliefs with respect to,
      among other things, the realization of exploration, operational,
      production, and development plans, the Cosal&#225; Operations (including Zone
      120) and Galena Complex; Americas Silver&#8217;s financing efforts; the
      completion of the Option for the San Felipe Property, the consummation
      of the Transaction with Pershing in accordance with its terms; the
      anticipated silver and gold production of the combined company;
      potential improvements in production, cash flow, shareholder liquidity,
      and access to capital; perceptions of institutional shareholders and
      analysts; any potential re&#8208;rating; references to anticipated profits,
      risk, realized value and return; construction, production, and
      development plans at Relief Canyon Mine; the relative ownership of
      shareholders in the combined company; the future management and board of
      the combined company; the timing of shareholder proxies, meetings and
      the closing of the Transaction; estimates and forecasts with respect to
      the expected project economics for Relief Canyon derived from the
      Feasibility Study, such as estimates of average production, AISC, IRR,
      NPV; cash costs; the availability of financing and the estimated
      construction timeline for Relief Canyon Mine; and opportunities for
      expanding the Relief Canyon Mine deposit and exploring opportunities on
      nearby lands. Often, but not always, forward-looking information can be
      identified by forward-looking words such as &#8220;anticipate&#8221;, &#8220;believe&#8221;,
      &#8220;expect&#8221;, &#8220;goal&#8221;, &#8220;plan&#8221;, &#8220;intend&#8221;, &#8220;estimate&#8221;, &#8220;may&#8221;, &#8220;assume&#8221; and
      &#8220;will&#8221; 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 Silver
      and Pershing 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 Silver or Pershing to be materially different
      from those expressed or implied by such forward looking information.
      With respect to the Transaction, these risks and uncertainties include
      the risk that Americas Silver or Pershing may be unable to obtain any
      regulatory approvals required for the Transaction, or that regulatory
      approvals may delay the transaction or cause the parties to abandon the
      Transaction; the risk that required stockholder approvals may not be
      obtained; the risk that other conditions to closing may not be
      satisfied; the length of time needed to consummate the proposed
      Transaction, which may be longer than anticipated for various reasons;
      the risk that the businesses will not be integrated successfully; the
      diversion of management time on transaction&#8208;related issues; the risk
      that costs associated with the integration are higher than anticipated;
      and litigation risks related to the Transaction. With respect to the
      businesses of Americas Silver and Pershing, these risks and
      uncertainties include 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 industries in
      which the Company and Pershing operate; the uncertainty of regulatory
      requirements and approvals; fluctuating mineral and commodity prices,
      and the ability to obtain necessary future financing on acceptable terms
      or at all; the ability to develop and operate the Cosal&#225;, Galena, Relief
      Canyon properties, risks associated with the mining industry such as
      economic factors (including future commodity prices, currency
      fluctuations and energy prices), ground conditions and factors other
      factors limiting mine access, 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 ore grade or recovery
      rates, permitting timelines, capital expenditures, reclamation
      activities, labor relations, social and political developments and other
      risks of the mining industry. 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 these
      forward&#8208;looking statements is available in Pershing&#8217;s filings with the
      Securities and Exchange Commission, including the Annual Report on Form
      10&#8208;K for the year ended December 31, 2017, and in the Americas Silver&#8217;s
      filings with on SEDAR. Neither Americas Silver nor Pershing 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. Neither Americas Silver nor Pershing gives
      any assurance (1) that Americas Silver and Pershing will achieve its
      expectations, or (2) concerning the result or timing thereof. All
      subsequent written and oral forward&#8208;looking statements concerning
      Pershing, Americas Silver, the proposed transaction, the combined
      company or other matters and attributable to Pershing or Americas Silver
      or any person acting on their behalf are expressly qualified in their
      entirety by the cautionary statements above.
    </p>
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        </div>
      </div>
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        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>No Offer or Solicitation</b>
    </p>
    <p>
      This press release is for informational purposes only and does not
      constitute an offer to sell or the solicitation of an offer to buy any
      securities or a solicitation of any vote or approval with respect to the
      proposed transaction between Americas Silver and Pershing or otherwise,
      nor shall there be any sale of securities in any jurisdiction in which
      such offer, solicitation or sale would be unlawful prior to registration
      or qualification under the securities laws of any such jurisdiction. No
      offer of securities shall be made except by means of a prospectus
      meeting the requirements of Section 10 of the United States Securities
      Act of 1933, as amended.
    </p>
    <p>
      <b>Participants in Merger Solicitation</b>
    </p>
    <p>
      Pershing, Americas Silver and certain of their respective directors,
      executive officers and other members of management and employees may be
      deemed to be participants in the solicitation of proxies from the
      stockholders of Pershing and Americas Silver in connection with the
      proposed transaction. Information about the directors and executive
      officers of Pershing is set forth in its proxy statement for its 2018
      annual meeting of stockholders, which was filed with the U.S. Securities
      and Exchange Commission (the &#8220;SEC&#8221;) on April 30, 2018. Information about
      the directors and executive officers of Americas Silver is set forth in
      its Form 6&#8208;K for its 2018 annual meeting of shareholders, which was
      filed with the SEC on April 13, 2018. These documents can be obtained
      free of charge from the sources indicated below. Other information
      regarding those persons who are, under the rules of the SEC,
      participants in the proxy solicitation and a description of their direct
      and indirect interests, by security holdings or otherwise, will be
      contained in Pershing&#8217;s proxy statement/prospectus and other relevant
      materials to be filed with or furnished to the SEC when they become
      available.
    </p>
    <p>
      <b>Additional Information and Where to Find It</b>
    </p>
    <p>
      The proposed transaction (or certain matters related thereto) between
      Americas Silver and Pershing will be submitted to the respective
      stockholders of Americas Silver and Pershing for their consideration.
      Americas Silver will file with the SEC a registration statement on Form
      F&#8208;4 that will include a proxy statement of Pershing that also
      constitutes a prospectus of Americas Silver. Americas Silver will file
      an Information Circular with the applicable Canadian securities
      administrators. Pershing will deliver the proxy statement/prospectus to
      its stockholders as required by applicable law. Americas Silver will
      deliver the Information Circular to its stockholders as required by
      applicable law. Americas Silver and Pershing also plan to file or
      furnish other documents with the SEC regarding the proposed transaction.
      This press release is not a substitute for any prospectus, proxy
      statement, information circular or any other document which Americas
      Silver and Pershing may file with or furnish to the SEC in connection
      with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF
      AMERICAS SILVER AND PERSHING ARE URGED TO READ THE PROXY
      STATEMENT/PROSPECTUS AND INFORMATION CIRCULAR AND ANY OTHER RELEVANT
      DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR
      ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT
      INFORMATION ABOUT AMERICAS SILVER, PERSHING, THE PROPOSED TRANSACTION
      AND RELATED MATTERS. Investors and stockholders will be able to obtain
      free copies of the proxy statement/prospectus and information circular
      and other documents containing important information about Americas
      Silver and Pershing, once such documents are filed with the SEC through
      the website maintained by the SEC at <u>www.sec.gov</u>, and with the
      Canadian securities administrators, through the website at <u>www.sedar.com</u>.
      Pershing and Americas Silver will make available free of charge at <u>www.pershinggold.com</u>
      and <u>www.americassilvercorp.com</u>, respectively (in the &#8220;Investor
      Relations&#8221; and &#8220;Investors&#8221; section, as applicable), copies of materials
      they file with, or furnish to, the SEC and the Canadian securities
      administrators.
    </p>
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    <p>

    </p>
    <p>
      <sup>1</sup> ISS and Glass Lewis are recognized as leading independent
      proxy and corporate governance advisory firms whose recommendations are
      relied upon by many major institutional investment firms, mutual and
      pension funds and other institutional shareholders.
    </p>
    <p>
      CONTACT:<br>Darren Blasutti<br>President and CEO<br>416&#8208;848&#8208;9503
    </p>
    <p>
      Andrea Totino<br>Investor Relations<br>416-450-3860
    </p>
    <p>

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