Pershing shares will cease trading on the Nasdaq, Frankfurt and Toronto stock exchanges. "The closing of the Pershing acquisition is a landmark event for Americas Silver shareholders," said Darren Blasutti, president & CEO of Americas Silver. "The company can immediately begin construction at Relief Canyon now that the transaction has closed, and we have secured financing and Board approval." Sandstorm financing The company also announced that streaming company Sandstorm Gold Ltd ( TSE:SSL ) had agreed to primarily fund the construction of Relief Canyon in a US$42.5 million financing package that includes a US$25 million advance payment.