First Majestic Files Preliminary Base Shelf Prospectus

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VANCOUVER, British Columbia, Oct. 15, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (TSX:FR; NYSE:AG; Frankfurt:FMV) (“First Majestic” or the “Company”) announced today it has filed a preliminary short form base shelf prospectus with the securities regulators in each province of Canada, except for the Province of Quebec, and a corresponding shelf registration statement on Form F-10 with the United States Securities and Exchange Commission. These filings, when made final or effective, will allow the Company to make offerings of common shares, subscription receipts, units, warrants or any combination thereof of up to US$300 million during the 25 months following the (final) prospectus and registration statement becoming effective in the United States and Canada (except for the Province of Quebec). The specific terms of any offering of securities, including the use of proceeds from any offering, will be set forth in a shelf prospectus supplement.  First Majestic has filed this base shelf prospectus in order to provide the Company with greater financial flexibility going forward but has not entered into any agreements or arrangements to authorize or offer any securities at this time.

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