Eric Sprott Increases Stake in Americas Gold & Silver Corp to 14.33% via $44.3M Share Purchase
On June 12, 2026, Eric Sprott filed Amendment No. 5 to his Schedule 13D, reporting a significant increase in his holdings of Americas Gold & Silver Corp (USAS). The filing details that on June 10, 2026, Sprott Mining Inc., a wholly-owned subsidiary of 2176423 Ontario Ltd. (both controlled by Eric Sprott), completed the purchase of 7,956,696 common shares at an average price of $5.57 per share, totaling approximately $44.3 million. Following this transaction, the reporting persons collectively beneficially own 48,010,636 common shares, representing 14.33% of the 334,890,295 shares outstanding. Specifically, Sprott Mining Inc. holds 44,864,696 shares, while 2,176,423 Ontario Ltd. holds 2,952,836 shares directly. Eric Sprott maintains sole voting and dispositive power over 193,104 shares and shared power over the remaining 47,817,532 shares held through his controlled entities. This amendment continues a series of acquisitions by Sprott, further solidifying his position as a major stakeholder in the issuer.