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Americas Silver Provides Update on Hoist-Related Issue at Galena Complex in Wallace

Americas Silver Corporation ("Americas Silver" or the "Company") is providing an update of the recent hoist-related issue at its 100%-owned Galena Complex in Wallace, Idaho.

Following the press release dated June 14, 2018, the Company is pleased to announce it has completed the necessary repairs on the No. 3 hoist brake mechanism and has restarted the No. 3 shaft. These repairs were associated with the mechanical failure on the brake mechanism which occurred during the evening of June 11, 2018. Shaft crews have completed the inspection of the shaft and no issues were identified. Mining crews have returned underground with regular ore production and milling expected to recommence on Friday, June 29, 2018.

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