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First Majestic Silver Corp.

09:54 AM EST - First Majestic Silver Corp. : That First Majestic has completed its 100% earn-in for both projects. In connection with the exercise, First Majestic has made a US$1.5 million cash payment to Evrim and has granted to Evrim, per the original 2014 option agreements, a 2% net smelter royalty in the case of the Ermitaño project and a 1.5% NSR in the case of the Cumobabi project. First Majestic Silver Corp. shares T.FR are trading down $0.02 at $7.18.