Americas Silver aims to deliver a compelling value proposition, leading silver leverage among junior silver producers and an attractive relative valuation. There are several components to this strategy:

Diversified production base
We expect our Cosalá District operations in Sinaloa, Mexico and our Galena Complex in Idaho, USA to deliver sustainable annual production of approximately 5.0 - 5.6 million silver equivalent ounces.

Improving cash cost profile
We anticipate a decline in cash costs as current operations and brownfield development assets are optimized and cost synergies are realized following the completion of our recent business combination with U.S. Silver & Gold.

Robust reserve and resource base
Our reserves and resources will support sustainable operations at current prices with further potential for profitable expansion at higher prices from existing earlier stage projects.

Enhanced market presence
Americas Silver is considering listing its common shares on the NYSE "MKT" (a U.S. securities exchange) to increase trading volume and liquidity and to access a significantly deeper pool of new capital, greater international recognition and increased retail interest.