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Evrim Resources Corp.

09:59 AM EST - Evrim Resources Corp. : And First Majestic Silver Corp. announced that the Ermitaño and Cumobabi project option agreements in Sonora, Mexico have now been exercised and 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. Evrim Resources Corp. shares V.EVM are trading up $0.01 at $1.31.