FIRST MAJESTIC SILVER CORP (AG) Form 6-K — Jun 22, 2026
First Majestic Silver Corp. has completed the sale of its Del Toro Silver Mine, held through its subsidiary First Majestic Del Toro, S.A. de C.V., to Sierra Madre Gold and Silver Ltd. The company received US$20 million in cash and 10.87 million common shares of Sierra Madre at closing, with the potential for an additional US$40 million in milestone payments.
Key figures
- Deal Value Usd
- 60000000
- Gross Proceeds
- 20000000
- Shares Offered
- 10870000
- Deferred Payment Usd
- 10000000
- Acquirer Ownership Percent
- 24.77%
- Resource Milestone Payment Usd
- 10000000
- Production Milestone Payment Usd
- 10000000
- Acquirer Shares Owned Post Closing
- 62,433,076
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