First Majestic Initiates International Arbitration Request under NAFTA against the Government of Mexico

2021-03-02

VANCOUVER, British Columbia, March 02, 2021 (GLOBE NEWSWIRE) — FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) announced today that it has submitted a Request for Arbitration to the International Centre for Settlement of Investment Disputes (“ICSID”), on its own behalf and on behalf of Primero Empresa Minera S.A. de C.V. (“PEM”), its subsidiary in Mexico, based on Chapter 11 of the North American Free Trade Agreement (“NAFTA”).

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