First Majestic Silver and Primero Mining are pleased to announce the completion of the plan of arrangement previously announced in the joint news release of First Majestic and Primero dated January 12, 2018. Under the arrangement, which took effect as of 12:01 am this morning, First Majestic has acquired all of the issued and outstanding common shares of Primero. Shareholders of Primero will receive 0.03325 First Majestic [...]
VANCOUVER, British Columbia, May 09, 2018 -- First Majestic Silver Corp. is pleased to announce the approval by its board of directors of certain changes to its advance notice policy regarding director nominations, as described below. The Policy was first adopted by the board in 2013, with certain amendments made in 2017. In keeping with its commitment to the highest standard of corporate governance, the board feels that [...]
VANCOUVER, British Columbia, May 09, 2018 -- FIRST MAJESTIC SILVER CORP. is pleased to announce the unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2018. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All [...]
VANCOUVER, British Columbia, April 19, 2018 -- First Majestic Silver Corp. announces total production in the first quarter of 2018 from its six operating silver mines reached 3.9 million equivalent ounces of silver. Total production consisted of 2.2 million ounces of silver, 15,887 ounces of gold, 4.4 million pounds of lead and 1.6 million pounds of zinc. “Over the last two years, our renewed capital investment [...]
VANCOUVER, British Columbia, March 29, 2018 -- FIRST MAJESTIC SILVER CORP. is pleased to announce its 2017 Mineral Reserve and Resource estimates for its existing mineral property assets in Mexico with an effective date of December 31, 2017 and with an exploration cut-off date of October 31, 2017. 2017 Highlights: Proven and Probable Reserves increased 11%, or 11.8 million ounces, to 120.2 million silver equivalent ounces [...]
First Majestic Silver Corp. announces that its board of directors has approved the extension of 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 proposes to repurchase up to 8,286,401 common shares of the Company which [...]
Primero Mining and First Majestic Silver are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction at a special meeting of shareholders held earlier today. In addition, holders of Primero's 5.75% convertible unsecured subordinated debentures due February 28, 2020 have, at their meeting today, also voted overwhelmingly in favour of the proposed amendment of the trust indenture [...]
VANCOUVER, British Columbia, Feb. 28, 2018 -- FIRST MAJESTIC SILVER CORP. is pleased to announce the consolidated financial results for the Company’s fourth quarter and year ended December 31, 2017. 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 [...]
VANCOUVER, British Columbia, Feb. 15, 2018 -- First Majestic Silver Corp. announced today the issuance of US$6.5 million aggregate principal amount of 1.875% unsecured convertible senior notes due 2023 pursuant to the exercise in part of the over-allotment option granted to the initial purchasers in connection with the previously announced offering of US$150 million aggregate principal amount of 1.875% unsecured [...]
VANCOUVER, British Columbia, Jan. 29, 2018 -- First Majestic Silver Corp. announced today the closing of its previously announced offering of US$150 million aggregate principal amount of 1.875% unsecured convertible senior notes due 2023 . The initial conversion rate for the Notes is 104.3297 common shares per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$9.59 per Share [...]
VANCOUVER, British Columbia, Jan. 25, 2018 -- First Majestic Silver Corp. announced today that it has priced its previously announced offering of unsecured convertible senior notes due 2023 . The Company will issue US$150 million aggregate principal amount of Notes . The Notes will be issued at par value. The Company intends to use the net proceeds of the Offering to fund certain costs and expenses associated with the [...]
VANCOUVER, British Columbia, Jan. 24, 2018 -- First Majestic Silver Corp. announced today that it is offering US$150 million aggregate principal amount of unsecured convertible senior notes due 2023 pursuant to private placement exemptions . The Company intends to use the net proceeds of the Offering to fund certain costs and expenses associated with the recently announced acquisition of Primero Mining Corp. and for [...]