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Stock Market & Financial Investment News

News Breaks
November 14, 2012
07:32 EDTAGFirst Majestic reports Q3 adjusted EPS 25c, consensus 24c
Reports Q3 revenue $63.6M, up 4% from Q3 of 2011. One estimate: $70.09M
News For AG From The Last 14 Days
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April 15, 2014
12:01 EDTAGFirst Majestic announces $30M forward sale contract on lead production
First Majestic (AG) announced that it has entered into a $30M forward sale contract with Bank of America (BAC) Merrill Lynch on a portion of the company's future lead production. The company executed this forward sale contract for 15,911.3 metric tonnes of lead at a fixed price of $0.945 per pound for total proceeds of $30M. The contract term is valid from April to September 2017, with a six-month repayment holiday from April to September. The forward sale contract is financially settled from the sale of lead from any of First Majestic's operations and represents approximately 35% of the company's total estimated future lead production over this period. The purpose of this prepayment contract is to fund the Company's continuing expansion plans and for general working capital.
April 8, 2014
07:03 EDTAGFirst Majestic reaches record 3.63M ounces of silver during Q1
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April 7, 2014
07:27 EDTAGAmerican Association of Cancer Research to hold annual meeting
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