UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 40-F
[ X ] Registration statement pursuant to Section 12
of the Securities Exchange Act of 1934
or
[ ] Annual report pursuant to Section 13(a) or 15(d)
of the Securities Exchange Act of 1934
For the fiscal year ended __________________
Commission File Number __________________
Americas Silver Corporation
(Exact name of Registrant as specified in its charter)
Canada
|
1000
|
Not Applicable
|
(Province or other jurisdiction of
|
(Primary Standard Industrial Classification
|
(I.R.S. Employer
|
incorporation or organization)
|
Code Number)
|
Identification Number)
|
145 King Street West, Suite 2870
Toronto, Ontario M5H 1J8
Canada
(416) 848-9503
(Address and telephone number of
Registrants principal executive offices)
Registered Agent Solutions, Inc.
99 Washington Avenue
Suite 1008
Albany, NY 12260
(888) 705-7274
(Name, address (including zip code) and telephone number (including
area code) of agent for service in the United States)
Securities registered or to be registered pursuant to Section
12(b) of the Act:
Title of each class
|
Name of each exchange on which registered
|
Common Shares, no par value
|
NYSE MKT LLC
|
Securities registered pursuant to Section 12(g) of the Act:
None.
Securities for which there is a reporting obligation pursuant
to Section 15(d) of the Act:
None
For annual reports, indicate by check
mark the information filed with this Form:
[ ] Annual information form
|
[ ] Audited annual financial
statements
|
Indicate the number of outstanding shares of each of the
registrants classes of capital or common stock as of the close of the period
covered by the annual report:
N/A
Indicate by check mark whether the registrant: (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Exchange Act
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports); and (2) has been subject to such filing
requirements for the past 90 days.
Yes [ ] No
[ ]
Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such files).
Yes [ ] No [ ]
EXPLANATORY NOTE
Americas Silver Corporation (the Company, the Registrant)
is a Canadian issuer eligible to file its registration statement pursuant to
Section 12 of the Securities Exchange Act of 1934, as amended (the Exchange
Act), on Form 40-F pursuant to the multi-jurisdictional disclosure system of
the Exchange Act. The Company is a foreign private issuer as defined in Rule
3b-4 under the Exchange Act. Equity securities of the Company are accordingly
exempt from Sections 14(a), 14(b), 14(c), 14(f) and 16 of the Exchange Act
pursuant to Rule 3a12-3.
FORWARD LOOKING STATEMENTS
The Exhibits incorporated by reference into this Registration
Statement of Americas Silver Corporation (the Registrant) contain
forward-looking statements that reflect our managements expectations with
respect to future events, our financial performance and business prospects. All
statements other than statements of historical fact are forward-looking
statements. The use of the words anticipate, believe, continue, could,
estimate, expect, intends, may, might, plan, possible,
potential, predict, project, should, would, and similar expressions
may identify forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. These statements involve known and
unknown risks, uncertainties, and other factors that may cause actual results or
events to differ materially from those anticipated or implied in such
forward-looking statements, including, without limitation, those described in
the Companys Annual Information Form for the year ended December 31, 2015 filed
as Exhibit 99.3 to this Registration Statement. No assurance can be given that
these expectations will prove to be correct and such forward-looking statements
in the Exhibits incorporated by reference into this Registration Statement
should not be unduly relied upon. The Registrants forward-looking statements
contained in the Exhibits incorporated by reference into this Registration
Statement are made as of the respective dates set forth in such Exhibits. Such
forward-looking statements are based on the beliefs, expectations and opinions
of management on the date the statements are made. In preparing this
Registration Statement, the Registrant has not updated such forward-looking
statements to reflect any change in circumstances or in managements beliefs,
expectations or opinions that may have occurred prior to the date hereof. Nor
does the Registrant assume any obligation to update such forward-looking
statements in the future. For the reasons set forth above, investors should not
place undue reliance on forward-looking statements.
DIFFERENCES IN UNITED STATES AND CANADIAN REPORTING
PRACTICES
The Registrant is permitted, under a multijurisdictional
disclosure system adopted by the United States, to prepare this report in
accordance with Canadian disclosure requirements, which are different from those
of the United States. The Registrant prepares its financial statements, which
are filed with this report on Form 40-F in accordance with International
Financial Reporting Standards as issued by the International Accounting
Standards Board, and the audit is subject to Canadian auditing and auditor
independence standards.
RESOURCE AND RESERVE ESTIMATES
The Companys Annual Information Form (AIF) filed as Exhibit
99.3 to this registration statement on Form 40-F has been prepared in accordance
with the requirements of the securities laws in effect in Canada, which differ
from the requirements of United States securities laws. The terms mineral
reserve, proven mineral reserve and probable mineral reserve are Canadian
mining terms as defined in accordance with Canadian National Instrument
43-101Standards of Disclosure for Mineral Projects (NI 43-101) and the
Canadian Institute of Mining, Metallurgy and Petroleum (the CIM)CIM
Definition Standards on Mineral Resources and Mineral Reserves, adopted by the
CIM Council, as amended. These definitions differ from the definitions in SEC
Industry Guide 7 under the United States Securities Act of 1993, as amended (the
Securities Act).
Under SEC Industry Guide 7 standards, a final or bankable
feasibility study is required to report reserves, the three-year historical
average price is used in any reserve or cash flow analysis to designate reserves
and the primary environmental analysis or report must be filed with the
appropriate governmental authority.
2
In addition, the terms mineral resource, measured mineral
resource, indicated mineral resource and inferred mineral resource are
defined in and required to be disclosed by NI 43-101; however, these terms are
not defined terms under SEC Industry Guide 7 and are normally not permitted to
be used in reports and registration statements filed with the SEC. Investors are
cautioned not to assume that any part or all of mineral deposits in these
categories will ever be converted into reserves. Inferred mineral resources
have a great amount of uncertainty as to their existence, and great uncertainty
as to their economic and legal feasibility. It cannot be assumed that all or any
part of an inferred mineral resource will ever be upgraded to a higher category.
Under Canadian rules, estimates of inferred mineral resources may not form the
basis of feasibility or pre-feasibility studies, except in rare cases. Investors
are cautioned not to assume that all or any part of an inferred mineral resource
exists or is economically or legally mineable. Disclosure of contained ounces
in a resource is permitted disclosure under Canadian regulations; however, the
SEC normally only permits issuers to report mineralization that does not
constitute reserves by SEC Industry Guide 7 standards as in place tonnage and
grade without reference to unit measures.
Accordingly, information contained in this registration
statement and the documents incorporated by reference herein contain
descriptions of our mineral deposits that may not be comparable to similar
information made public by U.S. companies subject to the reporting and
disclosure requirements under the United States federal securities laws and the
rules and regulations thereunder.
PRINCIPAL DOCUMENTS
In accordance with General Instruction B.(1) of Form 40-F, the
Registrant hereby incorporates by reference Exhibits 99.1 through 99.74,
inclusive, as set forth in the Exhibit Index attached hereto.
In accordance with General Instruction D.(9) of Form 40-F, the
Registrant has filed written consents of certain experts named in the foregoing
Exhibits as Exhibits 99.75 through 99.89 inclusive, as set forth in the Exhibit
Index attached hereto
TAX MATTERS
Purchasing, holding, or disposing of securities of the
Registrant may have tax consequences under the laws of the United States and
Canada that are not described in this registration statement on Form 40-F
DESCRIPTION OF COMMON SHARES
The required disclosure is included under the heading General
Description of Capital Structure in the Registrants Annual Information Form
for the fiscal year ended December 31, 2015, attached hereto as Exhibit 99.3.
OFF-BALANCE SHEET ARRANGEMENTS
The Registrant has no off-balance sheet arrangements.
3
CURRENCY
Unless otherwise indicated, all dollar amounts in this
Registration Statement on Form 40-F are in United States dollars. The exchange rate
of Canadian dollars into United States dollars, on January 10, 2017, based
upon the noon rate of exchange as quoted by the Bank of Canada was U.S.$1.00 = Cdn.$1.3208 or Cdn.$1.00 = U.S.$0.7571.
CONTRACTUAL OBLIGATIONS
The following table lists, as of December 31, 2015, information
with respect to the Registrants known contractual obligations:
|
|
|
|
|
Payments due by period
|
|
|
|
|
|
|
|
|
|
Less than
|
|
|
|
|
|
|
|
|
More than
|
|
Contractual Obligations
|
|
Total
|
|
|
1 year
|
|
|
1-3 years
|
|
|
3-5 years
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit facilities
|
$
|
7,141
|
|
$
|
1,000
|
|
$
|
6,141
|
|
|
-
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest on credit facility
|
$
|
1,369
|
|
$
|
858
|
|
$
|
511
|
|
|
-
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lease Obligations
|
$
|
855
|
|
$
|
412
|
|
$
|
443
|
|
|
-
|
|
|
-
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Long-Term Liabilities
Reflected on Balance Sheet
|
$
|
1,052
|
|
|
-
|
|
$
|
421
|
|
|
-
|
|
$
|
631
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Decommissioning provision
|
$
|
4,568
|
|
$
|
116
|
|
$
|
760
|
|
$
|
150
|
|
$
|
3,542
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
$
|
14,985
|
|
$
|
2,386
|
|
$
|
8,276
|
|
$
|
150
|
|
$
|
4,173
|
|
UNDERTAKING
The Registrant undertakes to make available, in person or by
telephone, representatives to respond to inquiries made by the Commission staff,
and to furnish promptly, when requested to do so by the Commission staff,
information relating to the securities registered pursuant to Form 40-F or
transactions in said securities.
CONSENT TO SERVICE OF PROCESS
The Registrant has concurrently filed a Form F-X in connection
with the class of securities to which this Registration Statement relates.
Any change to the name or address of the Registrants agent for
service shall be communicated promptly to the Commission by amendment to the
Form F-X referencing the file number of the Registrant.
4
SIGNATURES
Pursuant to the requirements of the Exchange Act, the
Registrant certifies that it meets all of the requirements for filing on Form
40-F and has duly caused this Registration Statement to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
AMERICAS SILVER CORPORATION
|
|
|
|
|
|
|
|
By:
|
/s/ Darren Blasutti
|
|
Name:
|
Darren Blasutti
|
|
Title:
|
President & CEO
|
|
|
|
Date: January 11, 2017
|
|
5
EXHIBIT INDEX
The following documents are being filed with the Commission as
Exhibits to this Registration Statement:
|
Exhibit
|
Description
|
|
|
|
|
99.1
|
Audited Consolidated Financial Statements for the years ended December 31, 2015 and 2014
|
|
|
99.2
|
Management's Discussion and Analysis for the year ended December 31, 2015
|
|
|
99.3
|
Annual Information Form
|
|
|
99.4
|
Certification of Annual Filings in connection with filing of Annual Information Form by CEO dated July 21, 2016
|
|
|
99.5
|
Certification of Annual Filings in connection with filing of Annual Information Form by CFO dated July 21, 2016
|
|
|
99.6
|
News Release dated February 4, 2016
|
|
|
99.7
|
News Release dated February 9, 2016
|
|
|
99.8
|
News Release dated February 12, 2016
|
|
|
99.9
|
Material Change Report dated February 22, 2016
|
|
|
99.10
|
Loan Agreement dated as of February 11, 2016
|
|
|
99.11
|
News Release dated February 24, 2016
|
|
|
99.12
|
Notice of meeting and record date dated March 28, 2016
|
|
|
99.13
|
News Release dated March 30, 2016
|
|
|
99.14
|
2015 Annual Report
|
|
|
99.15
|
News Release dated April 12, 2016
|
|
|
99.16
|
Notice of availability of proxy materials for meeting of May 17, 2016
|
|
|
99.17
|
Certificate of officer dated April 15, 2016
|
|
|
99.18
|
Notice of meeting of shareholders dated April 7, 2016
|
|
|
99.19
|
Management information circular dated April 7, 2016
|
|
|
99.20
|
Form of proxy for meeting of May 17, 2016
|
|
|
99.21
|
Technical Report and Preliminary Feasibility Study for the San Rafael Property, Sinaloa, Mexico dated April 29, 2016
|
|
|
99.22
|
Managements Discussion and Analysis for the three months ended March 31, 2016
|
|
|
99.23
|
Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2016 and 2015
|
|
|
99.24
|
Certification of Interim Filings by CEO dated May 12, 2016,
|
|
|
99.25
|
Certification of Interim Filings by CFO dated May 12, 2016
|
|
|
99.26
|
News Release dated May 12, 2016
|
|
|
99.27
|
Report of voting results dated May 17, 2016
|
|
|
99.28
|
News Release dated May 17, 2016
|
|
|
99.29
|
News Release dated May 20, 2016
|
|
|
99.30
|
News Release dated May 24, 2016
|
6
|
Exhibit
|
Description
|
|
|
|
|
99.31
|
News Release dated May 24, 2016
|
|
|
99.32
|
News Release dated May 26, 2016
|
|
|
99.33
|
Notice of meeting and record date dated June 7, 2016
|
|
|
99.34
|
Warrant Indenture dated June 9, 2016
|
|
|
99.35
|
Agency Agreement dated June 9, 2016
|
|
|
99.36
|
News Release dated June 9, 2016
|
|
|
99.37
|
Agency Agreement dated June 14, 2016
|
|
|
99.38
|
Warrant Indenture dated June 14, 2016
|
|
|
99.39
|
Subscription Receipt Agreement dated June 14, 2016
|
|
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99.40
|
News Release dated June 14, 2016
|
|
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99.41
|
Material change report dated June 17, 2016
|
|
|
99.42
|
Certificate of officer dated June 20, 2016
|
|
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99.43
|
Notice of availability of proxy materials for meeting of July 20, 2016
|
|
|
99.44
|
Management information circular dated June 14, 2016
|
|
|
99.45
|
Notice of meeting of shareholders dated June 14, 2016
|
|
|
99.46
|
Form of proxy for meeting of July 20, 2016
|
|
|
99.47
|
Report of exempt distribution dated June 20, 2016
|
|
|
99.48
|
Report of exempt distribution dated June 24, 2016
|
|
|
99.49
|
Report of voting results dated July 20, 2016
|
|
|
99.50
|
News release dated July 20, 2016
|
|
|
99.51
|
News release dated July 27, 2016
|
|
|
99.52
|
Managements Discussion and Analysis for the three and six months ended June 30, 2016
|
|
|
99.53
|
Condensed Interim Consolidated Financial Statements for the three and six months ended June 30, 2016 and 2015
|
|
|
99.54
|
Certification of Interim Filings by CEO dated August 11, 2016,
|
|
|
99.55
|
Certification of Interim Filings by CFO dated August 11, 2016
|
|
|
99.56
|
News release dated August 11, 2016
|
|
|
99.57
|
News release dated September 13, 2016
|
|
|
99.58
|
News release dated October 24, 2016
|
|
|
99.59
|
News release dated November 14, 2016
|
|
|
99.60
|
Managements Discussion and Analysis for the three and nine months ended September 30, 2016
|
|
|
99.61
|
Condensed Interim Consolidated Financial Statements for the three and nine months ended September 30, 2016 and 2015
|
|
|
99.62
|
Certification of Interim Filings by CEO dated November 14, 2016,
|
|
|
99.63
|
Certification of Interim Filings by CFO dated November 14, 2016
|
|
|
99.64
|
Notice of meeting and record date dated November 14, 2016
|
7
|
Exhibit
|
Description
|
|
|
|
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99.65
|
Management information circular dated November 10, 2016
|
|
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99.66
|
Notice of meeting of shareholders dated November 10, 2016
|
|
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99.67
|
Form of proxy for meeting of December 19, 2016
|
|
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99.68
|
Certificate of Officer dated November 28, 2016
|
|
|
99.69
|
Letter of Transmittal
|
|
|
99.70
|
News Release dated December 7, 2016
|
|
|
|
|
99.71
|
Report of Voting Results dated December 19, 2016
|
|
|
99.72
|
News release dated December 22, 2016
|
|
|
99.73
|
Technical Report on the Galena Complex, Shoshone County, Idaho, USA dated December 23, 2016
|
|
|
99.74
|
Cover letter dated December 30, 2016
|
|
|
99.75
|
Consent of Randy Powell
|
|
|
99.76
|
Consent of Paul Tietz
|
|
|
99.77
|
Consent of Thomas L. Dyer
|
|
|
99.78
|
Consent of Edwin R. Peralta
|
|
|
99.79
|
Consent of Steven Ristorecelli
|
|
|
99.80
|
Consent of Michael S. Lindholm
|
|
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99.81
|
Consent of Mine Development Associates, Inc.
|
|
|
99.82
|
Consent of Jack McPartland
|
|
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99.84
|
Consent of McClelland Laboratories
|
|
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99.85
|
Consent of James Stonehouse
|
|
|
|
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99.86
|
Consent of PricewaterhouseCoopers LLP
|
|
|
|
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99.87
|
Consent of Dan Hussey
|
|
|
|
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99.88
|
Consent of Jim Atkinson
|
|
|
|
|
99.89
|
Consent of Daren Dell
|
8
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