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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.
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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
First Majestic schließt Übernahme der Mine Jerritt Canyon in Nevada (USA) sowie Privatplatzierung mit Eric Sprott ab finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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