First Majestic Silver is pleased to update stakeholders and shareholders on its activities following the release of the Company's first Environmental, Social, Governance and Sustainability Report published in September 2020. One of the most critical issues faced by all companies worldwide over the past year has been the COVID-19 pandemic. The global impact triggered an unprecedented call for collaboration and tested First [...]
First Majestic Silver Corp. announces that it has received regulatory consent to extend its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company has the ability to repurchase up to 10,000,000 common shares of the Company which [...]
First Majestic Silver Corp. and Sprott Mining Inc. are pleased to announce that they have entered into a definitive agreement whereby First Majestic will acquire all of the issued and outstanding common shares of Jerritt Canyon Canada Ltd. from Sprott Mining for $470 million in shares of First Majestic plus 5 million First Majestic share purchase warrants. Concurrent with the Acquisition, Eric Sprott, President of Sprott [...]
First Majestic Silver Corp. today responds to the several inaccurate and misleading Mexican media articles that have been recently published regarding the ongoing tax dispute with the Government of Mexico. In order to be transparent regarding the facts surrounding the Company's decision to file a NAFTA Request for Arbitration and for the benefit of those loyal and interested shareholders and stakeholders, the Company [...]
First Majestic Silver Corp. is pleased to announce that its three operating mines in Mexico, the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and La Encantada Silver Mine have all been awarded with the 2021 Socially Responsible Business Distinction Award , also known as the Empresa Socialmente Responsable Award, for best sustainability practices. Presented annually by the Mexican Centre for Philanthropy [...]
First Majestic Silver Corp. announced today that it has submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes , on its own behalf and on behalf of Primero Empresa Minera S.A. de C.V. , its subsidiary in Mexico, based on Chapter 11 of the North American Free Trade Agreement . Despite repeated attempts by the Company to encourage the Government of Mexico to engage in good [...]
First Majestic Silver Corp. is pleased to announce the consolidated financial results for the Company's fourth quarter and year ended December 31, 2020. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's website at www.firstmajestic.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise. 2020 [...]
At the request of IIROC , First Majestic Silver Corp. wishes to confirm that it is not aware of any material, undisclosed information related to the Company that would account for the recent increase in the market price and level of trading volume of its ordinary shares. ABOUT THE COMPANY First Majestic is a publicly traded mining company focused on silver production in Mexico and is aggressively pursuing the development [...]
First Majestic Silver Corp. is pleased to announce the Company’s fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. The Company’s fourth quarter and full year 2020 financial results are scheduled to be released on February 18, 2021. Q4 2020 HIGHLIGHTS Total production reached 5.5 million silver equivalent ounces, representing a 5% increase over the prior quarter. Silver [...]
First Majestic Silver Corp. is pleased to announce that the Company’s Board of Directors has adopted a dividend policy for the Company under which the Company intends to pay quarterly dividends of 1% of the Company’s net revenues commencing after the completion of the first quarter of 2021. In accordance with the rules of the Toronto Stock Exchange the Company will issue a press release at the time each quarterly dividend [...]
First Majestic Silver Corp. announced today that its Mexican subsidiary Primero Empresa Minera, S.A. de C.V. has now been provided with written reasons for the decision made on September 23, 2020 by the Mexican Federal Court on Administrative Matters , nullifying the Advance Pricing Agreement concluded in 2012 between PEM and the Mexican tax authority, Servicio de Administracion Tributaria . The Federal Court’s decision [...]
First Majestic Silver Corp. is pleased to announce the unaudited interim consolidated financial results of the Company for the third quarter ended September 30, 2020. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated [...]
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