Toronto, Ontario (Newsfile Corp. - October 17, 2022) - On April 30, 2021, pursuant to a share purchase agreement (the "Share Purchase Agreement") dated March 11, 2021, between First Majestic Silver Corp.
First Majestic Completes Acquisition of Jerritt Canyon Mine in Nevada, USA and Private Placement with Eric Sprott
All amounts are in U.S. dollars unless otherwise statedFirst Majestic Silver Corp. and Sprott Mining Inc. are pleased to announce the completion of the acquisition of Jerritt Canyon Canada Ltd. from Sprott Mining and concurrent $30 million private placement investment in First Majestic by Eric Sprott, previously announced in the joint news release of First Majestic and Sprott Mining dated March 12, 2021.Under the …
All amounts are in U.S. dollars unless otherwise stated
First Majestic Silver Corp. (TSX: FR) (NYSE: AG) (“First Majestic” or the “Company”) and Sprott Mining Inc. (“Sprott Mining”) are pleased to announce the completion of the acquisition of Jerritt Canyon Canada Ltd. (“Jerritt Canyon”) from Sprott Mining (the “Acquisition”) and concurrent $30 million private placement investment in First Majestic by Eric Sprott, previously announced i
Article content
Vancouver, British Columbia–(Newsfile Corp. – April 30, 2021) – First Majestic Silver Corp. (TSX: FR) (NYSE: AG) (“First Majestic” or the “Company”) and Sprott Mining Inc. (“Sprott Mining”)
are pleased to announce the completion of the acquisition of Jerritt Canyon Canada Ltd. (“Jerritt Canyon”) from Sprott Mining (the “Acquisition”) and concurrent $30 million private placement investment in First Majestic by Eric Sprott, previously announced in the joint news release of First Majestic and Sprott Mining dated March 12, 2021.
We apologize, but this video has failed to load.
Try refreshing your browser. First Majestic Completes Acquisition of Jerritt Canyon Mine in Nevada, USA and Private Placement with Eric Sprott Back to video
(2)
All amounts are in U.S. dollars unless otherwise stated
Vancouver, British Columbia (Newsfile Corp. - April 30, 2021) - First Majestic Silver Corp. (TSX: FR) (NYSE: AG) ( First Majestic or the Company ) and Sprott Mining Inc. ( Sprott Mining )
are pleased to announce the completion of the acquisition of Jerritt Canyon Canada Ltd. ( Jerritt Canyon ) from Sprott Mining (the Acquisition ) and concurrent $30 million private placement investment in First Majestic by Eric Sprott, previously announced in the joint news release of First Majestic and Sprott Mining dated March 12, 2021.
Under the Acquisition, which took effect as of 9:00 AM PT on April 30, 2021, First Majestic has acquired all of the issued and outstanding common shares of Jerritt Canyon in exchange for 26,719,727 common shares of First Majestic and 5,000,000 common share purchase warrants at an exercise price of $20.00 per share for a term of three years. The $30 million private placement was completed by Eric Spro
Reports Project Gold Mines Are Expected to Produce More Than Ever In 2021
FinancialNewsMedia.com News Commentary
Share this article
Share this article
PALM BEACH, Fla., April 14, 2021 /PRNewswire/ Gold has again risen to all-time highs because investors have again rushed to its traditional safe haven . It rises not despite the pandemic… but because of the global crisis. The trading price is predicted by many to continue to soar and miners are also looking to increase production. A report from Singapore Bullion Market Association, spoke about the Metals Report issued in London which said: Turning to 2021, Metals Focus remains bullish towards gold. We are confident that as policy rates remain low and fiscal spending persists, inflows of institutional money into the yellow metal will continue. Low rates and yields are typically positive for gold, as they minimize the opportunity cost of holding the zero-yielding metal. Moreover, given exceptionally low yields (or, in other wor