Day: December 27, 2018

First Majestic Silver Corp. is pleased to announce it has entered into an equity distribution agreement dated December 27, 2018 with BMO Capital Markets Corp. pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through the Agent, such number of common shares of the Company as would result in aggregate gross proceeds to the Company of up to US$50.0 million.

Peter J. Hawley, President and CEO of Defiance, stated “We are pleased to complete the merger with ValOro and look forward with a shared common vision to unlock further exploration potential at the San Acacio silver project and Tepal gold project. I thank the shareholders of both Defiance and ValOro for their support of this transaction.”

Greg Crowe, President and CEO of Silver One Resources commented, “Since the Company started trading in Q3 2016, Silver One has continued to grow its mineral assets to include its flagship project, the past-producing silver mine at Candelaria and a highly prospective silver-gold exploration opportunity at Cherokee, both in Nevada.This is in addition to three silver projects located in Mexico acquired from First Mining Gold in 2016.The company has worked diligently to build a strong asset base despite a difficult time for the commodities sector and is now in a position to focus on organically growing these exceptional properties.The completion of the above announced private placement will allow the Company to conduct a limited drill program on its Peñasco Quemado project in Sonora State, Mexico which has geological similarities to the South32 Hermosa-Taylor project in Arizona.South32 recently acquired Arizona Mining for US$1.3 billion.”

“Dallas brings over twenty years of experience in accounting, finance, capital and public markets to Prize and we are pleased to have him join our Board of Directors” stated Michael McPhie, President & CEO of Prize Mining. “We would like to thank Feisal, Robert ad David for their work with the company and wish them well in their future endeavors.”