First majestic announces agreement to acquire gatos silver

Vancouver, british columbia, sept. 05, 2024 (globe newswire) -- first majestic silver corp. (nyse:ag) (tsx:ag) (fse:fmv) (“first majestic”) and gatos silver, inc. (“gatos”) (nyse:gato) (tsx:gato) are pleased to announce they have entered into a definitive merger agreement (the “definitive agreement”) pursuant to which first majestic will acquire all of the issued and outstanding common shares of gatos (the “transaction”). gatos is a silver dominant producer with a 70% interest in the los gatos joint venture, which owns the producing cerro los gatos underground silver mine in chihuahua, mexico.
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