VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 27, 2016) - FIRST MAJESTIC SILVER CORP.
(FRANKFURT:FMV)(TSX:FR)(NYSE:AG)(BVM:AG) (the "Company" or "First Majestic") is pleased to announce that its third quarter 2016
unaudited financial results will be released on Wednesday, November 9, 2016.
First Majestic is a mining company focused on silver production in México and is aggressively pursuing the development of its
existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to the Company
achieving its corporate growth objectives.
FIRST MAJESTIC SILVER CORP.
Keith Neumeyer, President & CEO
SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release includes certain "Forward-Looking Statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate",
"believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions, identify
forward-looking statements or information. These forward-looking statements or information relate to, among other things: the
price of silver and other metals; the accuracy of mineral reserve and resource estimates and estimates of future production and
costs of production at our properties; estimated production rates for silver and other payable metals produced by us, the
estimated cost of development of our development projects; the effects of laws, regulations and government policies on our
operations, including, without limitation, the laws in Mexico which currently have significant restrictions related to mining;
obtaining or maintaining necessary permits, licences and approvals from government authorities; and continued access to necessary
infrastructure, including, without limitation, access to power, land, water and roads to carry on activities as planned.
These statements reflect the Company's current views with respect to future events and are necessarily based upon a number of
assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business,
economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause
actual results, performance or achievements to be materially different from the results, performance or achievements that are or
may be expressed or implied by such forward-looking statements or information and the Company has made assumptions and estimates
based on or related to many of these factors. Such factors include, without limitation: fluctuations in the spot and forward
price of silver, gold, base metals or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in
the currency markets (such as the Canadian dollar and Mexican peso versus the U.S. dollar); changes in national and local
government, legislation, taxation, controls, regulations and political or economic developments in Canada, Mexico; operating or
technical difficulties in connection with mining or development activities; risks and hazards associated with the business of
mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected
formations, pressures, cave-ins and flooding); risks relating to the credit worthiness or financial condition of suppliers,
refiners and other parties with whom the Company does business; inability to obtain adequate insurance to cover risks and
hazards; and the presence of laws and regulations that may impose restrictions on mining, including those currently enacted in
Mexico; employee relations; relationships with and claims by local communities and indigenous populations; availability and
increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development,
including the risks of obtaining necessary licenses, permits and approvals from government authorities; diminishing quantities or
grades of mineral reserves as properties are mined; the Company's title to properties; and the factors identified under the
caption "Risk Factors" in the Company's Annual Information Form, under the caption "Risks Relating to First Majestic's
Business".
Investors are cautioned against attributing undue certainty to forward-looking statements or information. Although the Company
has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that
cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to
update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other
events affecting such statements or information, other than as required by applicable law.