First Majestic Announces Agreement to Acquire Gatos Silver For $13.49/Share In Stock
First Majestic Announces Agreement to Acquire Gatos Silver For $13.49/Share In Stock
First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) ("First Majestic") and Gatos Silver, Inc. ("Gatos") (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the "Definitive Agreement") pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the "Transaction"). Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.
First Majestic Silver Corp.(紐約證券交易所代碼:AG)(FSE: FMV)(「First Majestic」)和 Gatos Silver, Inc.(「Gatos」)(紐約證券交易所代碼:GATO)欣然宣佈,他們已簽訂最終合併協議(「最終協議」),根據該協議,First Majestic將收購Gatos的所有已發行和流通普通股(「交易」)。加託斯是白銀占主導地位的生產商,持有洛斯加託斯合資企業70%的權益,該合資企業擁有位於墨西哥奇瓦瓦州的Cerro Los Gatos地下銀礦。
Under the terms of the Definitive Agreement, Gatos shareholders will receive 2.550 common shares of First Majestic for each common share of Gatos held. The consideration implies a total offer value of US$13.49 per common share of Gatos based on the closing price of First Majestic's common shares on the New York Stock Exchange (the "NYSE") on September 4, 2024, and represents a 16% premium based on each company's closing prices and 20-day volume weighted average prices ("VWAP") on the NYSE ending September 4, 2024. The proposed Transaction implies a total equity value for Gatos of approximately US$970 million. Following completion of the Transaction, existing Gatos shareholders will own approximately 38% of First Majestic shares on a fully-diluted basis.
根據最終協議的條款,Gatos股東每持有Gatos普通股將獲得2.550股First Majestic的普通股。該對價意味着根據First Majestic普通股於2024年9月4日在紐約證券交易所(「紐約證券交易所」)的收盤價,每股普通股的總髮行價值爲13.49美元,根據每家公司的收盤價和截至2024年9月4日的紐約證券交易所20天成交量加權平均價格(「VWAP」),溢價16%。擬議的交易意味着Gatos的總股權價值約爲9.7億美元。交易完成後,按全面攤薄計算,現有的Gatos股東將擁有First Majestic約38%的股份。