First Majestic Announces Effectiveness of Registration Statement on Form F-4 and Record & Meeting Dates of Special Meeting for Gatos Silver Acquisition

Core Viewpoint - First Majestic Silver Corp. has announced the effectiveness of its Registration Statement on Form F-4 related to the acquisition of Gatos Silver, Inc., which is a crucial step towards closing the transaction [3][4]. Group 1: Transaction Details - The Registration Statement on Form F-4 has become effective under the U.S. Securities Act of 1933, which is a condition for closing the acquisition of Gatos Silver [3]. - A special meeting of First Majestic shareholders is scheduled for January 14, 2025, to approve the issuance of common shares to Gatos stockholders as part of the transaction [4][6]. - The record date for the special meeting is set for November 25, 2024, with meeting materials expected to be sent to shareholders around December 9, 2024 [4][5]. Group 2: Shareholder Meetings - Gatos Silver will hold its stockholder meeting virtually on January 14, 2025, at 10:00 a.m. (Vancouver time), one hour before the First Majestic special meeting [7]. - Both First Majestic and Gatos stockholders must approve the transaction for it to proceed, with expectations for the transaction to close in early 2025, subject to necessary approvals [8]. Group 3: Company Background - First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States, operating several mines and holding a portfolio of development and exploration assets [12]. - The company entered into a definitive merger agreement with Gatos on September 5, 2024, to acquire all issued and outstanding shares of Gatos common stock [13].