Current Assets (qtr. end) ($ M) Current Liabilities (qtr. end) ($ M) Working Capital / U.S. Silver Corporation / US Silver / U.S. Silver & Gold Inc. / Frankfurt Stock Exchange / RX Gold & Silver Inc. / USSGI / /
Continent
North America / /
Country
Germany / United States / Canada / /
Currency
USD / CAD / /
Event
Earnings Announcement / Reorganization / M&A / Second Stock Issuance / Company Listing Change / /
Facility
USSGI’s Galena Complex / Galena Mine / Mine Safety and Health Administration / Galena Complex / Coeur Mine / Coeur mill / Drumlummon Mine / The Galena Complex / /
IndustryTerm
silver mining industry / weak metal prices / weighted average metal prices / renewed mining / higher finance costs / final metal content / lower mining costs / mechanized mining / Direct mining costs / long mining history / mining / metal prices / production mining / lower realized metal prices / finance costs / metal trader / /
MarketIndex
FTSE 100 / /
Organization
Mine Safety and Health Administration / /
Person
Jim Atkinson / /
Position
metal trader / Director / Vice President / Exploration and a Qualified Person / /
U.S. SILVER & GOLD INC. MANAGEMENT’S DISCUSSION AND ANALYSIS FOR THE THREE MONTHS ENDED MARCH 31, 2014 DATED MAY 14, 2014 Disclosure Regarding Forward-Looking Statements