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Keywords :   Silver | Silver Mine | Silver Producer |
Re:   News Release - Friday, November 13, 2009
      First Majestic Completes Acquisition of Normabec Mining
      Resources; Normabec Spins Out Brionor Resources Inc.

VANCOUVER, November 13, 2009 - First Majestic Silver Corp. ("First
Majestic") (TSX: FR), Normabec Mining Resources Ltd. ("Normabec")
(TSX-V: NMB) and Brionor Resources Inc. ("Brionor") are pleased to
announce the closing today of the plan of arrangement (the
"Arrangement") previously announced in the joint news release of First
Majestic and Normabec dated September 14, 2009.

Under the Arrangement, First Majestic today acquired all of the issued
and outstanding shares of Normabec and Brionor acquired all of the
non-Mexican assets of Normabec, including the Pitt Gold Property
located in Quebec.  Holders of Normabec shares will receive 0.060425
First Majestic shares and 0.25 Brionor shares for each Normabec common
share held.

Concurrent with the completion of the Arrangement, First Majestic
purchased, via a private placement, 2,115,195 common shares of Brionor
for an aggregate purchase price of C$300,000, representing a price per
share of approximately C$0.1418.  These shares represent 9.9% of the
total issued and outstanding shares of Brionor after completion of the

Shares of Brionor are expected to commence trading on the TSX Venture
Exchange under the symbol BNR by Wednesday, November 18, 2009.  Until
the shares of Brionor commence trading separately, Normabec will
continue to be listed and trading on the TSX Venture Exchange.  Shares
of Normabec purchased on the Exchange will represent only the right to
receive shares of First Majestic and Brionor based on the exchange
ratios described above.

Former shareholders of Normabec will receive the shares of First
Majestic and Brionor to which they are entitled upon delivery to
Computershare Trust Company of Canada of the certificates previously
representing their Normabec shares together with a duly completed
letter of transmittal.  Shareholders are encouraged to contact
Computershare for further information concerning the exchange process.

Gryphon Partners acted as financial advisor to First Majestic and
Haywood Securities Inc. acted as financial advisor to Normabec in
connection with the Arrangement. 

About First Majestic

First Majestic is a producing silver company focused in Mexico and is
aggressively pursuing its business plan to become a senior silver
producer through the development of its existing assets and the pursuit
through acquisition of additional assets that contribute to achieving
its corporate growth objectives. Presently First Majestic owns three
operating silver mines in Mexico, the La Encantada, the La Parrilla,
and the San Martin Silver Mines, as well as a project undergoing
pre-feasibility known as the Del Toro Silver Mine.

About Brionor

Brionor is a junior mining exploration company with a portfolio of
exploration projects including the 100% owned Pitt Gold Project in
Contact for further details;

First Majestic Silver Corp.
TEL:     604-688-3033        

Brionor Resources Inc.
TEL:     450-441-9177

First Majestic Silver Corp.

(signed) "Keith N. Neumeyer"
Keith N. Neumeyer, President & CEO

Brionor Resources Inc.

(signed) "Robert Ayotte"     
Robert Ayotte, President & CEO

This press release includes certain "Forward-Looking Statements" within
the meaning of section 21E of the United States Securities Exchange Act
of 1934, as amended. All statements, other than statements of
historical fact, included herein, including without limitation,
statements regarding potential mineralization and reserves, exploration
results and future plans and objectives of First Majestic Silver Corp.
are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.

The securities issuable under the Arrangement have not been and will
not be registered under the United States Securities Act of 1933, as
amended, or the securities laws of any state, and are expected to be
issued pursuant to exemptions from such registration requirements.

Copyright (c) 2009 FIRST MAJESTIC SILVER CORP. (TSXV-FR)  All rights
reserved.  For more information visit our website at or send

First Majestic Silver Corp.

ISIN : CA32076R1029
CUSIP : 32076R1029
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In the News and Medias of First Majestic Silver Corp.
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2/10/2011Interview With Keith Neumeyer, First Majestic Silver CEO
1/21/2009Follow up N° 1
6/11/2008Peter Zihlmann new recommendation
Annual reports of First Majestic Silver Corp.
Files Form 40-F Annual Report
2008 Annual report
2007 Annual Report
Financings of First Majestic Silver Corp.
8/20/2009Tranche of Non-Brokered Private Placement Closes
8/12/2009Non-Brokered Private Placement and Debt Settlement
Nominations of First Majestic Silver Corp.
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12/24/2013Announces Retirement of Robert Young from Board of Directors
5/24/2013Announces Election of Directors
1/2/2013Appoints VP of Operations
1/5/2012Appoints Chief Information Officer
12/30/2011Names Douglas Penrose as Chairman
Financials of First Majestic Silver Corp.
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11/12/2013Reports Third Quarter Financial Results
10/31/2013Third Quarter Financial Results to be Released on November 1...
8/13/2013Reports Second Quarter Financial Results
7/15/2013Second Quarter Financial Results to be Released on August 13...
5/15/2013Reports First Quarter Earnings of $26.5 million on Revenues ...
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11/7/2012Third Quarter Financial Results to Be Released on November 1...
8/14/2012Reports Second Quarter Financial Results
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11/9/2011Earnings Hit $27.8 million in Third Quarter
10/26/2011Third Quarter Financial Results to be Released on November 9...
8/3/2011Second Quarter Financial Results to be Released on August 11...
5/17/2011Earns a Record $23.9 million in First Quarter of 2011
5/11/2011Quarter Financial Results to Be Released on May 16, 2011-Con...
3/1/20112010 Audited Financial Results show Record Earnings & Cash F...
3/23/2010Year End & Fourth Quarter Financial Results
11/12/2009Record Third Quarter Financial Results
8/14/2009Second Quarter Financial Results
10/21/2008Third Quarter Silver Production
8/15/2008Second Quarter Financial Results
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Project news of First Majestic Silver Corp.
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9/22/2011(La Parrilla Silver Mine)First Stage of Expansion at the La Parrilla Processing Plant...
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3/1/2011(San Martin)2010 Audited Financial Results show Record Earnings & Cash F...
12/6/2010(La Parrilla Silver Mine)La Parrilla Expansion to 1,600 tonnes per day
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4/8/2010(La Encantada (first Majestic Silver))La Encantada Achieves Commercial Production
11/26/2009(La Encantada (first Majestic Silver))La Encantada Opening Ceremony & Production of First Silver P...
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10/6/2009Third Quarter Production Results
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2/17/2009(La Parrilla Silver Mine)La Parrilla Silver Mine Updates NI 43-101 Resource
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10/10/2008(Del Toro)Del Toro Silver Mine NI 43-101 Resources of 57 Million Ag eq...
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4/1/2008(La Parrilla Silver Mine)Discovery of New High Grade Ore Shoot on the Vacas Vein at t...
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Corporate news of First Majestic Silver Corp.
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9/30/2013Applies to Dismiss Appeal of Positive Judgment for US$93.84 ...
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2/14/2013Considering Superior Offer from Coeur to Acquire Orko Silver
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12/16/2012Announces Friendly Acquisition of Orko Silver
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4/16/2012First Quarter Production Results and Full Commencement of Co...
4/3/2012Announces Friendly Acquisition of Silvermex Resources
3/30/2012Files Form 40-F Annual Report
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8/11/2011Record Earnings of $30.6 million in Second Quarter
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3/23/2009Receives Mexican Distinction as a "Socially Responsible Busi...
3/5/2009Closing of $21.2 Million Offering
11/19/2008Operations Update
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1/17/2008Another Record Quarter of Silver Production
12/14/2007TSX Conditional Approval
12/5/2007Update on the Chalchihuites Group of Properties
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