Day: February 23, 2015

Source Exploration Corp. is pleased to announce an update to the previously announced non-brokered private placement of up to 10,000,000 units of the Company consisting of one common share of the Company and one half of one common share purchase warrant at a price of $0.08 per Unit for gross proceeds of up to $800,000. The Private Placement has been oversubscribed and the Company will increase the size of the Private Placement to issue up to a total of 12,725,000 Units at a price of $0.08 per Unit for gross proceeds of $1,018,000. All conditions previously announced will remain the same in the revised offering.

FIRST MAJESTIC SILVER CORP. is pleased to announce the consolidated financial results for the Company’s fourth quarter and year ended December 31, 2014. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site atwww.firstmajestic.com, on SEDAR at www.sedar.com and EDGAR at www.sec.gov.