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0 0 0.00443599493029141 0.00443599493029141 0.00697084917617233 0.000633713561470202 0.0012674271229404 0.0107731305449937
Stock impact report

First Mining Announces Receipt of $6 Million in Proceeds from Warrants Exercise [Yahoo! Finance]

First Majestic Silver Corp. Ordinary Shares (Canada) (AG) 
Last first majestic silver corp. ordinary shares (canada) earnings: 2/19 07:00 am Check Earnings Report
US:NYSE Investor Relations: firstmajestic.com/investors/stock-info
Company Research Source: Yahoo! Finance
to announce that it has received total proceeds of C$6,410,045 from the exercise by First Majestic Silver Corp. (" First Majestic ") of 32,050,228 common share purchase warrants of the Company (the " Warrants ") at a price of $0.20 per Warrant. The Warrants were issued in relation to amending the terms of a silver purchase agreement among First Majestic, First Mining and Gold Canyon Resources Inc., a wholly-owned subsidiary of First Mining. The Company intends to use the proceeds from the exercise of these Warrants to advance First Mining's Springpole and Duparquet gold projects, as well as for general working capital and corporate purposes. Following the exercise of the Warrants, First Majestic's ownership in First Mining increases to 47,379,944 common shares representing 3.5% of the total common shares of the Company outstanding. About First Mining Gold Corp. First Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in Show less Read more
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