Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS) Today Released a Letter to the Shareholders Updating 1st Quarter

Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS) Today Released a 
Letter to the Shareholders Updating 1st Quarter Activity 
NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Amalgamated Gold and Silver Inc. 
PINKSHEETS SYMBOL: BCHS 
MAY 23, 2014 
Amalgamated Gold and Silver Inc. (AGS) (PINKSHEETS: BCHS) Today Released a
Letter to the Shareholders Updating 1st Quarter Activity 
Amalgamated Gold and Silver Inc. (AGS) Project Update Letter to Shareholders 
MIAMI, FL --(Marketwired - May 23, 2014) -  Amalgamated Gold and Silver Inc.
(AGS) (PINKSHEETS: BCHS) 
Dear Shareholder, 
The company would like to inform you of its progress on the Letters of Intent
(LOI's) and various announcements made January through March, 2014. 
Amalgamated Gold and Silver Inc. (BCHS) Signs Letter of Intent (LOI) On ULEXITE
Asset 
Jan 14, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has signed
an LOI with EEPL proprietary, a Bolivian entity, to acquire a 51% controlling
interest in the Ulexite Calcination plant in Oruro, Bolivia. 
The company, after thorough due-diligence, found the costs to initiate the
project three times higher than what was originally presented by the seller and
therefore has elected not to proceed with the joint venture. 
Amalgamated Gold and Silver Inc. Signs Letter of Intent (LOI). 
Jan. 30, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced the signing
of an LOI to joint venture and or/acquire the La Bonanza Concession located in
Nayarit, Mexico. 
While the results of the site visit and assay results from samples taken were
positive, due to the location and elevation of the mine the company has decided
that the initial costs for 6 kilometer access road and subsequent drilling
program are prohibitive. At this time the company will not conclude this joint
venture or acquisition. This concession, if available, will be revisited in the
future. 
Amalgamated Gold and Silver Inc. Confirms the Imminent Production of Antimony
Ore from their St Anthony Mine in Bolivia. 
Feb.4, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has
confirmed the imminent production of Antimony Ore from its St Anthony Mine in
Turiri Bolivia. 
As a result of the recent mine site visit and subsequent reports, the company
has decided that an open pit mining operation will be the most effective and
economical for the long term. Local geologist Hernan Uribe has been retained to
produce an open pit mining plan and projections for production. This will
include the evaluation of a new adit recently opened which appears will
intersect the main proven ore bodies of the Gamma, Alpha and possibly the Beta
veins. 
The company is actively engaged in the reopening of the San Antonio de Turiri
mine and has deployed local Hernan Uribe and his associates to the mine site.
Mr. Uribe's report and recommendations are expected the latter part of
this month. Further information of the ongoing work at the mine will be
published as it develops. 
Amalgamated Gold and Silver Inc. Signs Memorandum of Understanding (MOU). 
Feb. 5, 2014 -- Amalgamated Gold and Silver Inc. (AGS) announced it has signed
a MOU to acquire the Huajara Polymetalic Processing Plant in Oruro Bolivia. 
After inspection of the facility and due-diligence on the contracts for
processing, the company has elected not to proceed with this acquisition having
been unable to verify the contracts for processing from any of the
company's as represented by the seller. In the event of confirmable
contracts being made available, this project will be revisited. 
The company thanks you for your interest and continued support. 
Amalgamated Gold and Silver Inc. 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Amalgamated Gold and Silver Inc.
80 SW 8th Street, Suite 2000
Miami, Florida 31330 USA
email: info@ags-inc.co 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
SUBJECT:  JVN 
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-0- May/23/2014 12:00 GMT
 
 
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