Feb 4 (Reuters) - Americas Silver Corp SPM.TO :
* Announces 2015 production and costs, 2016 guidance and U.S. $2.9 million
credit facility
* Consolidated production of 2.5-3.0 million silver ounces and 5.0-5.6 million
silver equivalent ounces is expected in 2016
* Says chief operating officer robert Taylor will resign from his role at
Americas Silver on February 5, 2016
* Agreed in principle to terms for a U.S. $2.9 million subordinated credit
facility with its two existing lenders and equity holders
* Says Taylor will be replaced by daren Dell, who currently serves as senior
vice president, technical services
* Says silver cash costs are projected to fall approximately 25% year-over-year
to between $9.00-$10.00 per ounce in 2016
* Says portion of the proceeds of the debt facility will be used to finance a
restructuring and workforce reduction
* All members of company's board of directors have agreed to receive
compensation in the form of deferred stock units rather than cash
* Source text for Eikon ID:nCCN7HS6R4
* Further company coverage SPM.TO