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Re: News Releases - Thursday, August 13, 2009
First Majestic Silver Joins OTCQX
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FIRST MAJESTIC SILVER CORP. (FR-T) (the "Company") announces that it is
now trading on the OTC Market's prestigious tier, OTCQX "International"
under the symbol "FRMSF". The Pink OTC Markets Inc. is a leading
electronic inter-dealer quotation system, trading technology and
financial information provider for over-the-counter (OTC) securities in
the United States. Investors can find current financial disclosure and
real-time Level 2 quotes for the Company on www.otcqx.com and
www.pinksheets.com.
As an OTCQX-listed company, First Majestic is expected to benefit from
being associated with the top segment of the United States OTC Market
and anticipated increased investor visibility. As an OTCQX-listed
company, First Majestic joins several large and well known
international companies who have also elected to access the US markets.
Mr. Keith Neumeyer stated; "in reviewing the alternatives to satisfy
the many requests by our US shareholders and potential US investors who
have asked First Majestic to list its shares in the United States, we
felt that the OTCQX offered a win-win solution for all concerned. We
are optimistic that our new US listing will bring extra attention to
the many exciting developments that are taking place within our
Company".
Dorsey & Whitney LLP will serve as First Majestic's Principal American
Liaison ("PAL") on OTCQX, responsible for providing guidance on listing
requirements.
First Majestic is a producing silver company focused in M�xico 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.
FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our
website at www.firstmajestic.com or call our toll free number
1.866.529.2807.
FIRST MAJESTIC SILVER CORP.
"signed"
Keith Neumeyer,
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.
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Copyright (c) 2009 FIRST MAJESTIC SILVER CORP. (TSXV-FR) All rights
reserved. For more information visit our website at
http://www.firstmajestic.com/ or send mailto:investor@firstmajestic.com
Message sent on Thu Aug 13, 2009 at 7:39:35 AM Pacific Time
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First Majestic Silver Corp.
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PRODUCER |
CODE : FR.TO |
ISIN : CA32076R1029 |
CUSIP : 32076R1029 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
First Majestic is a silver producing company based in Canada. First Majestic produces silver, gold, lead and zinc in Mexico, and holds various exploration projects in Canada and in Mexico. Its main assets in production are LA PARRILLA SILVER MINE, LA ENCANTADA (FIRST MAJESTIC SILVER), SAN MARTIN and LA ENCANTADA SILVER MINE in Mexico and its main exploration properties are REAL DE CATORCE, DEL TORO and CUITABOCA in Mexico and PITT ISLAND, PINCOURT, DOMPIERRE and DESJARDINS in Canada. First Majestic is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 billions as of today (US$ 884.3 millions, € 774.7 millions). Its stock quote reached its lowest recent point on November 02, 2001 at CA$ 0.01, and its highest recent level on December 22, 2017 at CA$ 9.99. First Majestic has 164 340 000 shares outstanding. |