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- Canadian mining company quotes on the Mexican Stock Exchange ("BMV")
- First Majestic Silver Corp finds the right conditions in the stock market to strengthen its development.
Today, First Majestic Silver Corp., with ticker "AG", quoted the shares that represent its entire capital stock on the Mexican Stock Exchange ("BMV") with making a Public Offer.
First Majestic Silver Corp.'s listing without a Public Offer consisted of 117,538,624 ordinary shares. The Price Listed was $129.34922 pesos per share.
First Majestic Silver Corp., is quoting on the local market in order to ensure operations transparency, as well as strengthening its presence in the Mexican market.
By listing its shares, First Majestic Silver Corp. is now the sixth foreign company on the Mexican Stock Exchange ("BMV"), which translates into recognition of the regulation, technological capacity, the solidity and importance of the stock market and an advance within the internationalization process of the Mexican Stock Exchange ("BMV").
This listing offers investors a new investment and portfolio diversification option.
First Majestic Silver Corp. is a Canadian company that since 2003 has been present in the silver acquisition, exploration and property development business, as well as the production of silver from its mines and mineral properties in Mexico.
Its operations are divided into three main phases, geological exploration, mineral extraction and metallurgical processing.
First Majestic Silver Corp. lists its shares on the Toronto and New York stock markets. In Mexico, its shares were listed on the International Listing System ("SIC") of the Mexican Stock Exchange's ("BMV"), effective today it ceased, as they are now listed on the local market.
The Company owns and operates five mines in our country: “La Encantada” silver mine, in the state of Coahuila; “La Parrilla” silver mine, in Durango; “San Martín” mine, in Jalisco, “La Guitarra” silver mine, in the State of México, and “Del Toro” mine in Zacatecas.
First Majestic Silver Corp., is the owner of two silver development projects that are in the advanced stages; “La Luz” silver project in the state of San Luis Potosí and “Plomosas” project in the state of Sinaloa. The Company also owns the three silver development projects in the first phase; “Peñasco Quemado”, in Sonora; “La Frazada” project, in the state of Nayarit; and “Los Lobos”, also in Sonora.
