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BRIEF-Americas Gold And Silver Withdraws Full-Year 2020 Guidance

Published 2020-05-04, 08:26 a/m
© Reuters.
USA
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May 4 (Reuters) - Americas Gold and Silver Corporation USA.TO :

* AMERICAS GOLD AND SILVER - REMAINS CONFIDENT THAT RELIEF CANYON COMMERCIAL PRODUCTION CAN BE ACHIEVED TOWARDS END OF Q2-2020 OR BEGINNING OF Q3-2020

* AMERICAS GOLD AND SILVER - WHILE RELIEF CANYON HAS BEEN OPERATING THROUGH COVID-19 PANDEMIC, RAMP-UP HAS BEEN SLOWER THAN ANTICIPATED

* AMERICAS GOLD AND SILVER - DECIDED TO WITHDRAW ITS FULL-YEAR 2020 GUIDANCE

* AMERICAS GOLD AND SILVER - OUTLOOK FOR 2021 CONTINUES TO BE 90,000 TO 110,000 GOLD EQUIVALENT OUNCES

* AMERICAS GOLD AND SILVER - AS OF MARCH 31, 2020, CO HAD CASH, CASH EQUIVALENTS OF $16.3 MILLION WHICH INCLUDES FUNDS UNDER GALENA RECAPITALIZATION PLAN

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