First Majestic, a prominent mining company, has recently made amendments to its agreements, resulting in updates to its financial information. These changes necessitated the full consolidation of the LGJV in their financial data, a departure from the previous equity accounting method used for Gatos’ interest in the LGJV.
To ensure transparency and informed decision-making, shareholders are urged to review the updated financial information in the December Material Change Report before casting their votes at the upcoming Special Meeting on January 14, 2025. The meeting, to be held in Vancouver, British Columbia, is exclusive to shareholders as of November 25, 2024.
To facilitate the voting process, Kingsdale Advisors has been enlisted by First Majestic as a Strategic Advisor, offering support and assistance with proxy solicitation. Shareholders seeking guidance on voting procedures or requiring assistance can contact Kingsdale for expert advice.
Those holding Gatos common stock are also required to provide approval for First Majestic’s acquisition of all Gatos Shares. Gatos has scheduled a virtual stockholder meeting on the same day as First Majestic’s Special Meeting, preceding it by an hour.
Investors and shareholders are advised to closely monitor developments and access relevant documents pertaining to the Transaction. First Majestic’s filing of the Form F-4 with the SEC, the Proxy Statement/Prospectus, and the Information Circular in connection with the proposed Transaction offer critical insights for stakeholders.
Participants involved in the Merger Solicitation, including directors, executive officers, and employees, are essential players in the proxy solicitation process. Their roles and interests are detailed in various regulatory filings, reinforcing transparency and accountability in the transaction.
First Majestic’s commitment to silver and gold production in Mexico and the United States is showcased through its operational assets and development projects, such as the San Dimas, Santa Elena, and La Encantada mines. The company’s direct engagement with consumers through First Mint, LLC, allows the public to purchase silver products at competitive rates.
In conclusion, the forward-looking statements issued by First Majestic outline potential risks and opportunities associated with the Transaction. While management strives to provide accurate guidance, unforeseen circumstances may impact actual outcomes. Stakeholders are advised to exercise diligence and prudence when assessing the information provided to make informed decisions regarding the Transaction.
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