Americas Gold And Silver agreed to acquire Crescent Silver from Hale Capital for $65m.

Americas Gold And Silver, a precious metals mining company, agreed to acquire Crescent Silver, a company that owns a past-producing Crescent Mine from Hale Capital, a private equity firm, for $65m. “I am very impressed and pleased to be the largest shareholder in Americas Gold and Silver, noting the significant progress Paul and his team have made in just 11 months at Galena. The addition of the Crescent Mine, while potentially improving the project profile of the Company, provides additional synergies only available through rational consolidation and is a transaction that leverages the strength of Paul’s strong operating team in the Silver Valley. I look forward to continued growth as Americas Gold and Silver unlocks the significant value at both of these impressive neighboring mines,” Eric Sprott, Crescent Investor