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Cassels Represents the Underwriter in First Majestic’s $78 Million Bought Deal Financing


On September 17, 2020, First Majestic Silver Corp. closed a bought deal prospectus financing with Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by Mr. Sprott. First Majestic issued 5,000,000 common shares at a price of $15.60 per common share for gross proceeds of $78 million.

Cormark Securities Inc. acted as the underwriter.

Cassels acted for the underwriter.

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