Mr. Eric Sprott, a shareholder, reports

ERIC SPROTT ANNOUNCES CHANGES TO HIS HOLDINGS IN AMERICAS GOLD AND SILVER CORPORATION

On March 20, 2026, Sprott Mining Inc., a corporation which is beneficially owned by Eric Sprott, sold five million common shares of Americas Gold and Silver Corp. over the Toronto Stock Exchange at a price of approximately $7.3176 per share for aggregate consideration of $36,588,000.

Prior to the disposition of shares, Mr. Sprott beneficially owned 45,053,940 shares, representing approximately 14.2 per cent of the outstanding shares. Mr. Sprott now beneficially owns 40,053,940 shares, representing approximately 12.6 per cent of the outstanding shares. The disposition of shares resulted in a decrease in holdings of approximately 2.1 per cent since the date of the last filing of an early warning report.

Mr. Sprott has a long-term view of the investment, and may acquire additional securities, including on the open market or through private acquisitions, or sell the securities, including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report with respect to the foregoing will appear on Americas Gold and Silver's profile on SEDAR+ and may also be obtained by calling Mr. Sprott's office at 416-945-3294 (Sprott Mining, 7 King St. East, Suite 1106, Toronto, Ont., M5C 3C5).