On December 8, 2025, First Majestic Silver Corp. closed the transaction. The company issued 0.125% Senior Unsecured Convertible Note Due January 15, 2031 for gross proceeds of $300,000,000 and additional $50,000,000 as part of overallotment option.

The notes bear interest rate of 0.125% payable semi-annually in arrears, on January 15 and July 15 of each year, with the first payment to be made on July 15, 2026. The initial conversion rate for the Notes is 44.7227 Shares of First Majestic per $1,000 principal amount of Notes, equivalent to an initial conversion price of approximately $22.36 per Share

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FIRST MAJESTIC SILVER CORP.	28.68CAD	+2.28%	+10.92%	992.81Cr
SILVER	87.78USD	+4.04%	+15.42%	-
S&P GSCI PRECIOUS METALS INDEX	6,349.02PTS	+0.69%	+4.08%	-
PLATINUM	2,348.60USD	+0.49%	-3.82%	-

Latest news about First Majestic Silver Corp.

07/01	First Majestic Silver Corp., Q3 2025 Earnings Call, Nov 05, 2025
27/12	Wall St ends close to all-time highs in light, post-holiday session	RE
22/12	Mining Stocks Climb After Metal Prices Reach Record Highs	MT
18/12	First Majestic Silver to Sell its Mexico Mine for Up to $60 Million	MT
17/12	Sierra Madre Gold and Silver Ltd. (TSXV:SM) entered into a definitive agreement to acquire Del Toro Silver Mine in Chalchihuites, Zacatecas from First Majestic Silver Corp. (TSX:AG) for $60 million.	CI
16/12	First Mining Gold Announces Receipt of C$6 Million in Proceeds from Warrants Exercise	MT
16/12	First Majestic Reports Continued Exploration	CI
16/12	First Majestic Silver Corp. Announces Executive Changes	CI
09/12	First Majestic Silver Completes US$350 Million Offering of Convertible Senior Notes; Shares down 2.6%	MT
08/12	First Majestic Silver Corp. announced that it has received $300 million in funding	CI
04/12	First Majestic Silver Prices $300 Million Debt Offering	MT
03/12	First Majestic Silver Corp. announced that it expects to receive $300 million in funding	CI
18/11	First Mining Gold Releases Updated Pre-Feasibility Results for Springpole Project	MT
18/11	First Mining Gold Brief: Announcing Updated Pre-Feasibility Study for Springpole Gold Project, Ontario, Canada	MT
13/11	First Mining Gold's Q3 Loss Widens as Project Work Continues	MT
10/11	First Mining Gold Reports Latest Drill Results at Miroir Discovery in Quebec	MT
10/11	First Mining Gold Brief: Reporting Continued Drilling Success at its Miroir Discovery with 2.01 g/t Au over 29.8 m	MT
05/11	First Majestic Silver Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI
05/11	First Majestic Silver Down 5% in U.S. Pre-market as Q3 Earnings Miss Analyst Forecasts	MT
05/11	First Majestic Silver Brief Correction: Net earnings Q3 US$43.0 Million (EPS of $0.06)	MT
05/11	First Majestic Silver Swings to Q3 Adjusted Earnings, Revenue Rises; Shares Down Pre-Bell	MT
05/11	First Majestic Silver Brief: Net earnings Q4 US$43.0 Million (EPS of $0.06)	MT
05/11	Earnings Flash (AG) First Majestic Silver Corp. Reports Q3 Revenue $285.1M, vs. FactSet Est of $308.0M	MT
05/11	Earnings Flash (AG) First Majestic Silver Corp. Posts Q3 Adjusted EPS $0.07 per Share, vs. FactSet Est of $0.10	MT
05/11	First Majestic Silver Q3 revenue surges 95% on higher production, prices	RE

Chart First Majestic Silver Corp.

Duration

Period

AG: Dynamic Chart

Company Profile

First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.

Employees

4,000

Sector

Non-Gold Precious Metals & Minerals

Calendar

19/02 - Q4 2025 Earnings Release (Projected)

More about the company