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。