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Stock Market & Financial Investment News

News Breaks
December 11, 2012
07:53 EDTSLW, SSRI, PAAS, AG, HLRBC Capital to host a conference
Silver Conference to be held in New York on December 11.
News For HL;PAAS;SLW;AG;SSRI From The Last 14 Days
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April 24, 2014
09:00 EDTAGFirst Majestic falls 4.1%
First Majestic is down 4.1%, or 39c, to $9.18
April 22, 2014
06:31 EDTPAASMetals & Mining sector upgraded to Neutral at Goldman
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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 11, 2014
16:23 EDTPAASPan American Silver files to sell 7.81M common shares
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