FIRST MAJESTIC SILVER CORP

# First Majestic Silver Corp

First Majestic Silver Corp engages in the acquisition, exploration, development, and production of silver and gold mineral properties, primarily in Mexico. The company operates three principal mines: San Dimas in Durango State, Santa Elena in Sonora State, and La Encantada in Coahuila State. Combined, these properties span approximately 178,000 hectares. Silver production constitutes the primary revenue driver, with gold as a secondary product stream from its operating assets.

The company's business model centers on mine operation and mineral extraction across its Mexican portfolio. First Majestic holds mineral rights and develops extraction infrastructure to produce precious metals for sale in commodities markets. Its operations are geographically concentrated in Mexico, with corporate headquarters maintained in Vancouver, British Columbia, Canada. The company was incorporated in 1979 and has operated under its current name since 2006.