By Adriano Marchese
Americas Gold and Silver negotiated a one-time settlement for its remaining gold-delivery obligations to a Royal Gold affiliate.
The producer of precious metals and antimony said Tuesday that it has reached an agreement with International Royalty to settle its remaining obligation to deliver 8,861 ounces of gold. Originally, the gold would have been delivered over the period between June of this year to December of 2027.
Under the terms of the agreement, Americas will immediately deliver 5,000 ounces of gold and issue about 2.65 million shares of the company at a deemed price of $5.86 apiece.
The company said the settlement removes a financial overhang from variable future debt obligations that fluctuate with the price of gold.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
May 26, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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