First majestic announces shareholder approval in connection with gatos silver acquisition

Vancouver, british columbia--(newsfile corp. - january 14, 2025) - first majestic silver corp. (nyse: ag) (tsx: ag) (fse: fmv) (the "company" or "first majestic") is pleased to announce that, in connection with the company's acquisition of gatos silver, inc. (nyse: gato) (tsx: gato) ("gatos silver"), the company's shareholders have approved the issuance of up to 190,000,000 first majestic common shares ("first majestic shares") to holders of shares of common stock of gatos silver ("gatos silver shares") in exchange for the acquisition by the company of all of the outstanding shares of gatos silver (the "transaction"). approximately 98.44% of the votes cast at the special meeting of the company's shareholders that was held today were voted in favour of the resolution approving the issuance of up to 190,000,000 first majestic shares.
GATO Ratings Summary
GATO Quant Ranking