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    market news

    First Majestic Reaches Purchase Deal for Silvermex

    Investing News Network
    Apr. 03, 2012 07:59AM PST
    Silver Investing

    Mining Weekly reported that First Majestic (TSX:FR) will buy Silvermex (TSX:SLX) for $175 million.

    Mining Weekly reported that First Majestic (TSX:FR) will buy Silvermex (TSX:SLX) for $175 million.

    As quoted in the market news:

    The friendly cash and scrip deal offers TSX- and Frankfurt-listed Silvermex shareholders a 33% premium to the company’s closing share price on Monday, the companies said.

    Click here to read the full Mining Weekly report.

    market newstsx:slxtsx:fr
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