First Majestic Enters into Definitive Agreement to Sell its San Martin Silver Mine for Total Proceeds of US$90 Million
First Majestic has agreed to sell its non-operating San Martin Silver Mine and associated Jalisco mining concessions to Flextronics Supply and Service for US$90 million. The transaction monetizes an asset on care and maintenance since 2019 through staged cash payments, allowing the company to focus on its core producing operations while strengthening its balance sheet.









