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First Majestic Silver Corp : First Majestic Files Updated Technical Reports, 2020 Mineral Reserve and Mineral Resource Estimates & Appoints New Director
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VANCOUVER, British Columbia, March 12, 2021 (GLOBE NEWSWIRE)
First Majestic Silver Corp. ( First Majestic ) (TSX:FR) (NYSE:AG) (Frankfurt:FMV) and Sprott Mining Inc. ( Sprott Mining ) are pleased to announce that they have entered into a definitive agreement (the Share Purchase Agreement ) whereby First Majestic will acquire all of the issued and outstanding common shares of Jerritt Canyon Canada Ltd. ( Jerritt Canyon ) from Sprott Mining (the Acquisition ) for $470 million in shares of First Majestic plus 5 million First Majestic share purchase warrants. Concurrent with the Acquisition, Eric Sprott, President of Sprott Mining, will complete a $30 million private placement investment in First Majestic.
First Majestic Announces Acquisition of Jerritt Canyon Mine in Nevada, USA
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First Majestic Produces 5.5M Silver Eqv. Oz in Q4 2020 ; Provides 2021 Outlook and Conference Call Details
First Majestic Silver Corp. is pleased to announce the Company’s fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. The Company’s fourth quarter and full year 2020 financial results are scheduled to be released on February 18, 2021. Q4 2020 HIGHLIGHTS Total production reached 5.5 million silver equivalent ounces, representing a 5% increase over the prior …
First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce the Company’s fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. The Company’s fourth quarter and full year 2020 financial results are scheduled to be released on February 18, 2021.
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Vancouver, BC, Canada - First Majestic Silver Corp. ( First Majestic or the Company ) is pleased to announce the Company s fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. The Company s fourth quarter and full year 2020 financial results are scheduled to be released on February 18, 2021.
Q4 2020 HIGHLIGHTS
- Total production reached 5.5 million silver equivalent ounces, representing a 5% increase over the prior quarter.
- Silver production reached 3.5 million ounces, representing a 9% increase over the prior quarter and the Company s second highest quarterly silver production.
- Gold production reached 26,343 ounces, representing a 2% increase from the prior quarter.
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