Brief: Americas Gold And Silver Withdraws Full-Year 2020 Guidance

Americas Gold and Silver

04/05/2020 13:26

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

Source text for Eikon:  ID:nCNWVp3qva 
Further company coverage:  USA.TO 

 ((Reuters.Briefs@thomsonreuters.com;))