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2015

FIRST MAJESTIC SILVER CORP.
Bought Deal Private Placement

We acted as counsel to First Majestic Silver Corp. with respect to its $30,030,000 bought deal private placement completed on April 22, 2015. The private placement was underwritten by BMO Nesbitt Burns Inc. On closing, First Majestic sold an aggregate of 4,620,000 common shares at a price of $6.50 per share. First Majestic is a Vancouver-based mining company focused on silver production in Mexico. The shares of First Majestic are listed on the Toronto Stock Exchange under the symbol “FR”, on the New York Stock Exchange under the symbol “AG” and on the the Bolsa Mexicana de Valores under the symbol “AG”.