First Majestic Silver Corp.: Second Tranche of Non-Brokered Private Placement Closes - "First Majestic Silver Corp. (TSX:FR - News)(OTCQX: FRMSF)(Frankfurt:FMV - News)(WKN: A0LHKJ) (the "Company") is pleased to announce the closing of the second and final tranche of the non-brokered private placement (the "Offering") consisting of 668,478 units (a "Unit") at a price of CDN$2.30 per Unit for gross proceeds of CDN$1,537,500. Each Unit consists of one common share and one-half of one common share purchase warrant (a "Warrant"), with each full Warrant entitling the holder to purchase one additional common share of the Company (the "Warrant Share") at an exercise price of CDN$3.30 per Warrant Share for a period of two years after the closing of the Offering." More
- 09/16/09 | Item |


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