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 [...]
First Majestic Silver Corp. announces that total production in the third quarter of 2020 reached 5.2 million silver equivalent ounces consisting of 3.2 million ounces of silver and 25,771 ounces of gold. Quarterly silver and gold production increased 72% and 63%, respectively, compared to the prior quarter following Mexico’s Ministry of Health’s Federal Decree requiring all non-essential businesses, including mining, to [...]
First Majestic Silver Corp. announced an update related to the ongoing tax dispute with the Mexican tax authority, the Servicio de Administracion Tributaria in connection with the 2012 Advance Pricing Agreement granted to Primero Empresa Minera, S.A. de C.V. , a subsidiary of the Company. As previously announced on May 13, 2020, the Company served the Government of Mexico with a Notice of Intent to Submit a Claim under [...]
First Majestic Silver Corp. announces that it has filed an early warning report pursuant to the provisions of Canadian securities legislation in connection with the acquisition of common shares of Silver Dollar Resources Inc. . Pursuant to an option agreement dated August 7, 2020 between First Majestic and Silver Dollar , First Majestic has acquired ownership and control of 5,146,401 Shares, representing approximately [...]
First Majestic Silver Corp. is pleased to report that it has closed the previously announced bought deal with Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by himself. The Company issued an aggregate of 5,000,000 common shares of First Majestic , on a bought deal basis, at a price of CDN$15.60 per Common Share for gross proceeds of CDN$78,000,000 pursuant to an underwriting agreement [...]
First Majestic Silver Corp. is pleased to report that it has closed the previously announced bought deal. The Company issued an aggregate of 5,000,000 common shares of First Majestic , on a bought deal basis, at a price of CDN$15.60 per Common Share for gross proceeds of CDN$78,000,000 pursuant to an underwriting agreement dated September 14, 2020 entered into between the Company and an underwriter. The Company intends to [...]
New York – AG Toronto – FR Frankfurt – FMV First Majestic Silver Corp. is pleased to announce that it has entered into an agreement with an underwriter pursuant to which the underwriter has agreed to purchase, on a bought deal basis, 5,000,000 common shares of First Majestic at a price of CDN$15.60 per Common Share for gross proceeds of CDN$78,000,000 . The Company expects to use the net proceeds of the Offering, together [...]
First Majestic Silver Corp. is pleased to announce the publication of its 2019 ESG and Sustainability Report. Summarized within the report, the Company outlines 2019’s past performance, future goals as well as its approach to the environment and various social commitments. The report also outlines to our internal and external stakeholders how the Company governs risk, health and safety, its employees as well as community [...]
First Majestic Silver Corp. is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 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 [...]
First Majestic Silver Corp. announces total production in the second quarter of 2020 reached 3.5 million silver equivalent ounces consisting of 1.8 million ounces of silver and 15,764 ounces of gold. Quarterly production was impacted following Mexico’s Ministry of Health’s Federal Decree requiring all non-essential businesses, including mining, to temporarily suspend activities throughout most of April and May in response [...]
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