Eric Sprott group lifts Americas Gold & Silver (USAS) stake to 14.33% ownership

Rhea-AI Filing Summary

Americas Gold & Silver Corp’s major shareholder group led by Eric Sprott filed Amendment No. 5 to update its ownership position. As of March 20, 2026, the group beneficially owned 48,010,636 Common Shares, representing about 14.33% of 334,890,295 shares outstanding.

On June 10, 2026, Sprott Mining Inc., a subsidiary within the reporting group, purchased 7,956,696 Common Shares at an average price of $5.57 per share, for combined gross proceeds of approximately $44,318,797. The filing mainly refreshes ownership percentages and confirms no other transactions in the past 60 days besides those disclosed.

Insights

Equity ownership analyst

Eric Sprott’s group updates a sizable 14.33% stake after a new share purchase.

The amendment shows the Sprott reporting group beneficially owning 48,010,636 Americas Gold & Silver Common Shares, or about 14.33% of the 334,890,295 shares outstanding. This confirms the group as a significant shareholder with meaningful influence potential.

The filing highlights a June 10, 2026 purchase by Sprott Mining Inc. of 7,956,696 shares at an average price of $5.57 per share, for combined gross proceeds of about $44,318,797. Ownership is held through entities 2176423 Ontario Ltd. and Sprott Mining under Eric Sprott’s control structure.

The document states that, aside from this transaction and those in the prior amendment, there were no other trades in the past 60 days. Future company filings may provide additional context on any further changes in this large shareholder’s position or structure.

Key Figures

Shares purchased June 10, 2026: 7,956,696 shares Average purchase price: $5.57 per share Combined gross proceeds: $44,318,797 +5 more

8 metrics

Shares purchased June 10, 2026 7,956,696 shares Sprott Mining Inc. purchase on June 10, 2026

Average purchase price $5.57 per share June 10, 2026 Sprott Mining Inc. transaction

Combined gross proceeds $44,318,797 From June 10, 2026 Sprott Mining Inc. purchase

Total beneficially owned shares 48,010,636 shares Beneficially owned as of close of business March 20, 2026

Ownership percentage 14.33% Portion of Common Shares Outstanding beneficially owned

Common Shares Outstanding 334,890,295 shares Outstanding Common Shares used for ownership calculation

Shares held by Sprott Mining Inc. 44,864,696 shares Common Shares held of record by Sprott Mining

Shares held by 2176423 Ontario Ltd. 2,952,836 shares Common Shares held of record by 2176423 Ontario Ltd.

Key Terms

beneficially own, Common Shares Outstanding, Rule 13d-3, Schedule 13D, +2 more

6 terms

beneficially own financial

"beneficially own, an aggregate of 48,010,636 Common Shares, which represents approximately 14.33%"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

Common Shares Outstanding financial

"based on 334,890,295 Common Shares outstanding (the "Common Shares Outstanding")"

Rule 13d-3 regulatory

"for the purposes of Rule 13d-3 of the Exchange Act, beneficially own, an aggregate of 48,010,636"

Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.

Schedule 13D regulatory

"previously filed a statement on Schedule 13G to report the acquisition that is the subject of this"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

Sole Voting Power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power 193,104.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Shared Dispositive Power financial

"10 | Shared Dispositive Power 47,817,532.00"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

Americas Gold & Silver Corp

(Name of Issuer)

Common Shares

(Title of Class of Securities)

03062D100

(CUSIP Number)

Mark Mandel
Baker & McKenzie LLP, 452 Fifth Avenue
New York, NY, 10018
(212) 626-4100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

06/10/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 03062D100

1

Name of reporting person

Sprott Eric

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 193,104.00
8	Shared Voting Power 47,817,532.00
9	Sole Dispositive Power 193,104.00
10	Shared Dispositive Power 47,817,532.00

11

Aggregate amount beneficially owned by each reporting person

48,010,636.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

14.33 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

1 Includes (i)44,864,696 Common Shares of Americas Gold & Silver Corp (the "Issuer") held of record by Sprott Mining Inc. ("Sprott Mining"), a wholly-owned subsidiary of 2176423 Ontario Ltd. ("2176423 Ontario"), (ii) 2,952,836 Common Shares of the Issuer held of record by 2176423 Ontario. Eric Sprott controls 2176423 Ontario and has the power to direct the voting and disposition of Common Shares held by the entity through his ownership interests in 2176423 Ontario. Eric Sprott controls Sprott Mining and has the power to direct the voting and disposition of Common Shares held by the entity through his ownership interests in 2176423 Ontario. 2 The percentage set forth in Row 13 of this Cover Page is calculated based on 334,890,295 Common Shares outstanding (the "Common Shares Outstanding"), as communicated by the Issuer to the reporting person on June 10, 2026.

SCHEDULE 13D

CUSIP Number(s): 03062D100

1

Name of reporting person

2176423 Ontario Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 47,817,532.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 47,817,532.00

11

Aggregate amount beneficially owned by each reporting person

47,817,532.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

14.28 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

3 Includes 44,864,696 Common Shares of the Issuer held of record by Sprott Mining, a wholly-owned subsidiary of 2176423 Ontario. 4 The percentage set forth in Row 13 of this Cover Page is calculated based on the Common Shares Outstanding, as communicated by the Issuer to the reporting person on June 10, 2026.

SCHEDULE 13D

CUSIP Number(s): 03062D100

1

Name of reporting person

Sprott Mining Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 44,864,696.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 44,864,696.00

11

Aggregate amount beneficially owned by each reporting person

44,864,696.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.40 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

5 The percentage set forth in Row 13 of this Cover Page is calculated based on the Common Shares Outstanding, as communicated by the Issuer to the reporting person on June 10, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Shares
(b)	Name of Issuer: Americas Gold & Silver Corp
(c)	Address of Issuer's Principal Executive Offices: 145 KING ST. W., SUITE 2870, Toronto, ONTARIO, CANADA , M5H 1J8.
Item 1 Comment: This Amendment No. 5 (this "Amendment") is being filed to update the percentage of shares beneficially owned by the Reporting Persons and hereby amends and supplements the original Statement filed with the SEC on December 23, 2024 and further amended on November 24, 2025, December 8, 2025, December 11, 2025, and March 20, 2026. Capitalized terms used but not defined herein shall have the respective meanings set forth in the Statement. Except as amended or supplemented hereby, the information set forth in the Statement remains unchanged.
Item 3.	Source and Amount of Funds or Other Consideration
	On June 10, 2026, Sprott Mining completed a purchase of 7,956,696 shares of Common Stock of the Issuer at an average price per share of $5.57 for combined gross proceeds of approximately $44,318,797.
Item 5.	Interest in Securities of the Issuer
(a)	The information provided on the cover pages to this Amendment is hereby incorporated by reference. As of the close of business on March 20, 2026, the Reporting Persons acquired or have been granted, and for the purposes of Rule 13d-3 of the Exchange Act, beneficially own, an aggregate of 48,010,636 Common Shares, which represents approximately 14.33% of the Common Shares Outstanding, as communicated by the Issuer to the reporting person on June 10, 2026.
(b)	The responses in rows 7, 8, 9 and 10 of the cover pages to this Amendment are hereby incorporated by reference.
(c)	Except for the transaction described in Item 3 of this Amendment and the transactions described in Item 3 of Amendment 4, the Reporting Persons have not engaged in any transaction during the past 60 days involving the Common Shares of the Issuer.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Sprott Eric

Signature:	/s/ Eric Sprott
Name/Title:	Eric Sprott
Date:	06/12/2026

2176423 Ontario Ltd.

Signature:	/s/ Eric Sprott
Name/Title:	Eric Sprott/President
Date:	06/12/2026

Sprott Mining Inc.

Signature:	/s/ Eric Sprott
Name/Title:	Eric Sprott/President
Date:	06/12/2026

FAQ

What does the new Schedule 13D/A reveal about Eric Sprott’s stake in USAS?

The amendment shows Eric Sprott and related entities beneficially owning 48,010,636 Americas Gold & Silver (USAS) Common Shares, representing about 14.33% of the outstanding 334,890,295 shares, confirming the group as a significant shareholder in the company.

How many Americas Gold & Silver (USAS) shares did Sprott Mining buy on June 10, 2026?

On June 10, 2026, Sprott Mining Inc. purchased 7,956,696 Americas Gold & Silver Common Shares. The filing states an average purchase price of $5.57 per share, resulting in combined gross proceeds of approximately $44,318,797 for that transaction.

What percentage of USAS does Eric Sprott’s group now beneficially own?

The filing states that Eric Sprott and affiliated entities beneficially own 48,010,636 Americas Gold & Silver Common Shares. This holding represents approximately 14.33% of the 334,890,295 Common Shares outstanding, as communicated by the issuer on June 10, 2026.

How is the Sprott group’s ownership in Americas Gold & Silver structured?

Ownership is mainly through 2176423 Ontario Ltd. and Sprott Mining Inc. Sprott Mining holds 44,864,696 Common Shares, while 2176423 Ontario holds 2,952,836, and Eric Sprott also has 193,104 shares with sole voting and dispositive power, all aggregated in the reported stake.

Did Eric Sprott’s group report other recent USAS share transactions?

The amendment states that, aside from the June 10, 2026 purchase and transactions already described in Amendment No. 4, the reporting persons have not engaged in any other transactions involving Americas Gold & Silver Common Shares during the past 60 days covered.

Why was Amendment No. 5 to the Schedule 13D for USAS filed?

Amendment No. 5 was filed to update the percentage of Americas Gold & Silver Common Shares beneficially owned by Eric Sprott and related entities. It reflects new holdings data and incorporates the June 10, 2026 share purchase by Sprott Mining Inc. into the ownership calculations.