Americas Gold and Silver reports Q2 2026 results; Cosal√° operational performance, Galena Complex upgrade progress

Americas Gold and Silver Reports Financial Results for Q2 2026 Highlighted by Strong Operational Performance at Cosalá and Upgrade Project Progress at the Galena Complex

Toronto, Ontario--(Newsfile Corp. - August 14, 2026) - Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) ("Americas" or the "Company) a North American producer of silver and other critical minerals supporting the growth of artificial intelligence ("AI"), electrification, national security, and advanced manufacturing, reports consolidated financial and operational results for the quarter ended June 30, 2026.

This earnings release should be read in conjunction with the Company's Management's Discussion and Analysis, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on the Americas Gold and Silver Corporation SEDAR+ profile at www.sedarplus.ca, and on its EDGAR profile at www.sec.gov, and which are also available on the Company's website at www.americas-gold.com. All figures are in U.S. dollars unless otherwise noted.

Highlights

Consolidated net revenue increased to $46 million for Q2-2026 or 71% increase compared to $27.0 million for Q2-2025, primarily as a result of higher realized prices. YTD-2026 revenues of $114 million increased by 126% compared to YTD-2025 revenues of $50.5 million. The Company is on a strong growth trajectory, having generated nearly the equivalent of its entire fiscal 2025 revenue in the first half of 2026.

Consolidated silver production of 665,000 ounces was achieved during the quarter As previously announced, the Galena Phase 2 shaft upgrade program was extended by an additional two weeks to complete additional work. Also previously disclosed, silver production during the quarter was impacted due to a minor electrical fire in June, deferring access to a planned higher grade stope into the third quarter. Minor repairs in the affected area have been completed.

Consolidated silver equivale