Tag "First Majestic Announces Friendly Acquisition of SilverCrest Mines"

July 27, 2015 SILVER (MSM)

First Majestic announces friendly acquisition of Silvercrest Mines

[PR Newswire] – VANCOUVER, July 27, 2015 /PRNewswire/ – First Majestic Silver Corp. (“First Majestic”) and SilverCrest Mines Inc. (“SilverCrest”) are pleased to announce that the companies have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of SilverCrest for consideration of 0.2769 of a common share of First Majestic (the “Exchange Ratio”) plus