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| First Majestic Silver Corp. | |
| Summary as of 4/27/2010 |  |
 | First Majestic is a producing silver company focused in Mexico that is aggressively pursuing its business plan to become a senior silver producer. Through the development of existing assets and the pursuit of additional assets through acquisition, First Majestic is committed to achieving its significant corporate growth objectives while remaining committed to local communities and environments.
First Majestic offers a unique investment opportunity which is highly leveraged to the price of silver, has unmatched production growth, a significant resource base with excellent growth opportunity, and a highly experienced management team both in Canada and Mexico.
Our 3 operating mines produced 4.25 million ounces of silver equivalent in 2008, with only 10% production from bi-products. Production in 2010 will be approximately 6.0 million ounces, with 80% of this production in the form silver Doré. This production growth will come from the new La Encantada mill, which will replace 1.5 million ounces of existing production with 4.0 million ounces of production at significantly lower cost.
|  |
Classification
Mid |
Size
Small Cap |
Stage/Type
Producer |
Headquarters Country
Canada |
Mineral Focus
Silver | Geographic Focus
Mexico | Silver Quota of Total Assets (%)
100 |
| Contact Information | |
Street Address
1805-925 West Georgia, Vancouver | City
Vancouver | State/Province
BC | Country
Canada | Zip/Postal Code
V6C 3L2 |
Contact
| e-Mail
| Phone
| Fax
|
| General Contact | jill@firstmajestic.com | 1 604 688 3033 | 1 604 639 8873 |
| Stock Data | |
Primary Symbol
FR | Shares Outstanding
92,713,744 | 52 Wk Range
1.76 - 4.52 | Secondary Symbol
FRMSF |
Primary Exchange
TSX Venture | Fully Diluted
107,670,021 | Market Cap (USD)
324,450,000 | Secondary Exchange
OTCQX |
Primary Exchange Currency
CAD | Public Float
N/A | Stock Options
8,578,750 | Secondary Exchange Currency
USD |
Price
3.5100 | Insider Owned (%)
10 | Warrants
6,377,527 | Secondary Symbol Price
1.6800 |
| Production | |
Year
| 2008
| 2009
| 2010 (Target)
|
Amount (Oz)
| 4.2500,000 | 4.3500,000 | 6,000,000 |
Cost (C$) per Oz
| N/A | N/A | N/A |
| Financial Data (in '000s) | |
Cash
10,000,000 | Current Assets
20,870,849 | Current Debt
3,213,487 | Stockholder Equity
198,920,600 | Total Assets
251,575,252 |
Current Liabilities
15,266,125 | Total Liabilities
52,654,652 | Operating Expenses
41,049,717 | Admin Expenses
8,089,087 | Total Expenses
53,200,444 |
Revenue
59,510,669 | Earnings
6,310,225 | Cash Burn Rate
-5,843,190 |
|
|
| Key Management | |
President and CEO
Keith Neumeyer | Chairman
Robert MacCallum | COO
Ramon Davilla |
| Total Reserves | |
Metal
| Proven & Probable
| Measured & Indicated
| Inferred
| Exploration Potential
|
| Silver (million oz.) | 47.8 | 92.6 | 158.8 | N/A |
| Projects/Properties | |
Name
| Size (acres)
| Country
| Location
| Stage
|
| La Encantada | 4000Ha | Mexico | N/A | Producing |
Metal
| Proven & Probable (oz.)
| Measured & Indicated (oz.)
| Inferred (oz.)
| Exploration Potential (oz.)
|
| Silver (million oz.) | 35.5 | 33.1 | 20 | N/A |
Name
| Size (acres)
| Country
| Location
| Stage
|
| La Parrilla | 53000Ha | Mexico | Durango | Producing |
Metal
| Proven & Probable (oz.)
| Measured & Indicated (oz.)
| Inferred (oz.)
| Exploration Potential (oz.)
|
| Silver (million oz.) | 5.2 | 30.7 | 52.8 | N/A |
Name
| Size (acres)
| Country
| Location
| Stage
|
| San Martin | 8000Ha | Mexico | Bollanos | Producing |
Metal
| Proven & Probable (oz.)
| Measured & Indicated (oz.)
| Inferred (oz.)
| Exploration Potential (oz.)
|
| Silver(million oz.) | 7 | 14.6 | 50 | N/A |
Name
| Size (acres)
| Country
| Location
| Stage
|
| Del Toro | N/A | Mexico | Durango | Development |
Metal
| Proven & Probable (oz.)
| Measured & Indicated (oz.)
| Inferred (oz.)
| Exploration Potential (oz.)
|
| Silver(million oz.) | N/A | 20.9 | 35.9 | N/A |
Name
| Size (acres)
| Country
| Location
| Stage
|
| Real de Catorce | N/A | Mexico | N/A | Development |
Metal
| Proven & Probable (oz.)
| Measured & Indicated (oz.)
| Inferred (oz.)
| Exploration Potential (oz.)
|
| Silver(million oz.) | N/A | 33.7 | 13 | N/A |
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