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Last updated on April 20, 2014 at 8:28 EDT

Latest U.S. Silver & Gold Inc. Stories

2013-12-18 20:20:44

TORONTO, Dec. 18, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA) (OTCQX: USGIF) has come to an agreement with the Mine Safety and Health Administration ("MSHA") to modify a previously issued order, and will re-open its Galena Mine Shaft #3 which is used for hoisting ore. The Mine will begin to recall employees who were impacted by the closure tomorrow (December 19, 2013). The original MSHA order was given during a routine inspection and involved repairs on the #3...

2013-12-18 20:20:42

TORONTO, Dec. 18, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA) (OTCQX: USGIF) received an order from the Mine Safety and Health Administration ("MSHA") that required the Company to temporarily shut down its Galena Mine Shaft #3 pending resolution of four previously existing citations that did not relate to any employee injury or allege imminent danger in the mine. Some employees were temporarily sent home while a contingency plan was developed. The MSHA order was...

2013-08-15 20:20:27

TORONTO, Aug. 15, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") is pleased to announce that it now has an over-subscribed book in respect of its previously announced non-brokered private placement for proceeds of approximately CDN $5.77 (the "Private Placement"). "This Private Placement was led by a well-respected strategic investor who has confidence in management's ability to continue to manage costs and...

2013-08-14 20:22:03

TORONTO, Aug. 14, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA) (OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") is pleased to announce a non-brokered private placement of up to 8,333,333 units ("Units") at a price of CDN $0.60 per Unit, for aggregate gross proceeds of up to approximately CDN $5,000,000 (the "Offering"). Each Unit will consist of one common share and one half of one common share purchase warrant (each whole purchase warrant, a "Warrant")....

2013-08-13 16:22:48

TORONTO, Aug. 13, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") today reported financial and operational results for the second quarter ending June 30, 2013. This earnings release should be read in conjunction with the Company's MD&A, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on SEDAR at www.sedar.com and are also available on the Company's...

2013-08-09 16:21:14

TORONTO, Aug. 9, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. ("U.S. Silver & Gold" or the "Company") (TSX: USA) (OTCQX: USGIF) will release its 2013 second quarter financial results following the close of markets on Tuesday August 13(th), 2013. Senior management will host a conference call on Tuesday August 13(th), 2013 at 4:30 p.m. ET to review the financial results of the quarter. All interested parties are invited to participate by dialing 647-427-7450 or 1-888-231-8191....

2013-08-08 08:23:49

TORONTO, Aug. 8, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") has replaced the previously announced extension on its existing US $7.9 million senior secured credit facility with Hale Capital Partners. The Company has signed a credit agreement with Royal Capital Management Corporation as security agent, and certain lenders for the issuance of CDN $8.5 million notes (the "Notes") with a three-year term. The...

2013-07-16 08:24:07

CASH COSTS REDUCED BY 8%; PRODUCTION INCREASED BY 16% SMALL MINE PLAN IMPLEMENTED TO FURTHER REDUCE COSTS TORONTO, July 16, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") today announced production figures for its 100% owned and operating high-grade silver Galena Mine Complex in Idaho and its 100% owned high-grade gold and silver Drumlummon Mine in Montana. Highlights -- Strong second...

2013-05-28 16:23:27

TORONTO, May 28, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX:  USGIF) ("U.S. Silver & Gold" or the "Company") is pleased to announce that all of the nominees listed in its management information circular dated April 30, 2013 (the "Circular") were elected as directors of the Company at its annual and special meeting of shareholders held on May 27, 2013 (the "Meeting"). ______________________________________________________ |Nominee...

2013-05-13 16:21:56

TORONTO, May 13, 2013 /PRNewswire/ - U.S. Silver & Gold Inc. (TSX: USA, OTCQX: USGIF) ("U.S. Silver & Gold" or the "Company") today reported financial and operational results for the first quarter of 2013. This earnings release should be read in conjunction with the Company's MD&A, Financial Statements and Notes to Financial Statements for the corresponding period, which have been posted on SEDAR at www.sedar.com and are also available on the Company's website at...