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First Majestic Silver Corp.: First Majestic Reports First Quarter Financial Results, Inaugural Dividend Payment, and Appointment of VP Operations (1) (1) (1) (1) $ $ NM - Not meaningful (1) The Company reports non-GAAP measures which include cash costs per silver equivalent ounce produced, all-in sustaining cost per silver equivalent ounce produced, total production cost per tonne, average realized silver price per ounce sold, working capital, adjusted EPS and cash flow per share. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning and the methods used by the Company to calculate such measures may differ from methods used by other companies with similar descriptions. See Non-GAAP Measures on pages 25 to 30 30 of the Company s MD&A for further details of how these metrics are calculated by the Company together with for a reconciliation of non-GAAP to GAAP measures.

United statesSanta elenaUnited kingdomSierra gordaBritish columbiaLa encantadaCoahuila de zaragozaSan dimasJerritt canyonSanta elena ermitaKeith neumeyerSteve holmesExchange commissionCompany mexicanBritish columbia newsfile corpCompany or first majestic