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<SEC-DOCUMENT>0001062993-10-004141.txt : 20101214
<SEC-HEADER>0001062993-10-004141.hdr.sgml : 20101214
<ACCEPTANCE-DATETIME>20101214145129
ACCESSION NUMBER:		0001062993-10-004141
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20101213
FILED AS OF DATE:		20101214
DATE AS OF CHANGE:		20101214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST MAJESTIC SILVER CORP
		CENTRAL INDEX KEY:			0001308648
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34984
		FILM NUMBER:		101250382

	BUSINESS ADDRESS:	
		STREET 1:		925 WEST GEORGIA STREET
		STREET 2:		SUITE 1805
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3L2
		BUSINESS PHONE:		604-688-3033

	MAIL ADDRESS:	
		STREET 1:		925 WEST GEORGIA STREET
		STREET 2:		SUITE 1805
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 3L2

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST MAJESTIC RESOURCE CORP
		DATE OF NAME CHANGE:	20041115
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>FIRST MAJESTIC SILVER CORP : Form 6-K - Filed by newsfilecorp.com</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF" style="font-size: 10pt;">
<hr noshade align="center" width="100%" size=3 color="black">


<p align="center"><font size="5"><strong>UNITED STATES<br>
  SECURITIES AND EXCHANGE COMMISSION</strong></font><br>
  Washington, D.C. 20549</p>

<p align="center"><b><font size="5">FORM 6-K</font></b></p>
<p align="center"><b>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
  OR 15d-16 <br>
  UNDER THE SECURITIES EXCHANGE ACT OF 1934</b></p>
<p align="center">For the month of <b>December, 2010</b></p>

<p align="center">Commission File Number: <strong><u>001-34984</u></strong></p>

<p align="center"><b><u><font size=5>FIRST MAJESTIC SILVER CORP </font></u></b> <br>(Translation of registrant's name into English) </p>

<p align="center"><b><u>925 West Georgia Street, Suite 1805, Vancouver BC V6C 3L2</u></b><br>(Address of principal executive offices) </p>

<p align="center">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.</p>
<p align="center">[<font style="font-size:1px;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>] Form 20-F &nbsp;&nbsp;[ x ] Form 40-F</p>

<p align="center">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [<font style="font-size:1px;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>]</p>
<p align="center"><strong>Note</strong>: Regulation S-T Rule  101(b)(1) only permits the submission in paper of a Form 6-K if submitted  solely to provide an attached annual report to security holders. </p>
<p align="center"> Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [<font style="font-size:1px;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>]</p>
<p align="justify"><strong>Note: </strong>Regulation S-T Rule  101(b)(7) only permits the submission in paper of a Form 6-K if submitted to  furnish a report or other document that the registrant foreign private issuer  must furnish and make public under the laws of the jurisdiction in which the registrant  is incorporated, domiciled or legally organized (the registrant&rsquo;s &ldquo;home  country&rdquo;), or under the rules of the home country exchange on which the  registrant&rsquo;s securities are traded, as long as the report or other document is  not a press release, is not required to be and has not been distributed to the  registrant&rsquo;s security holders, and, if discussing a material event, has already  been the subject of a Form 6-K submission or other Commission filing on EDGAR.</p>
<p align="center">Indicate by check mark whether by furnishing the information
  contained in this Form, the registrant is also thereby furnishing the information
  to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
  of 1934.</p>

<p align="center">Yes [<font style="font-size:1px;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>] No [ x ]</p>
<p align="center"> If &quot;Yes&quot; is marked, indicate below the file number
  assigned to the registrant in connection with Rule 12g3-2(b): 82-
  _________
</p>

<HR noshade align="center" width="100%" size=5 color="black" style="page-break-after:always;">

<p align="center"><b><u>SUBMITTED HEREWITH</u></b></p>

<p align="left"><u>Exhibits</u></p>

<table style="font-size: 10pt;" width="100%" border="0" cellspacing="0" cellpadding="0">
<tr><td width="5%" valign="top" bgcolor="#EEEEEE">&nbsp;</td><td width="5%" valign="top" bgcolor="#EEEEEE"><a href="exhibit99-1.htm">99.1</a></td>
  <td bgcolor="#EEEEEE"><a href="exhibit99-1.htm">Material Change Report dated December 13, 2010</a></td>
</tr>
<tr><td>&nbsp;</td>
  <td>&nbsp;</td>  <td>&nbsp;</td>
</tr>
<tr>
  <td bgcolor="#EEEEEE">&nbsp;</td>
  <td bgcolor="#EEEEEE"><a href="exhibit99-2.htm">99.2</a></td>
  <td bgcolor="#EEEEEE"><a href="exhibit99-2.htm">News Release dated December 13, 2010</a></td>
</tr>
</table>

<p>&nbsp;</p>

<hr noshade align="center" width="100%" size=5 color="black" style="page-break-after:always;">

<p align="center"><strong><u>SIGNATURES</u></strong></p>

<p align="justify">Pursuant to the requirements of the Securities Exchange Act
  of 1934, the registrant has duly caused this report to be signed on its behalf
  by the undersigned, thereunto duly authorized.</p>

<table style="font-size: 10pt;" width="50%" border="0" cellspacing="0" cellpadding="0">
	<tr>
		<td colspan="2" valign="top"><b>FIRST MAJESTIC SILVER CORP.</b></td>
	</tr>
	<tr>
		<td colspan="2" valign="top">&nbsp;</td>
  </tr>
	<tr>
		<td width="10%" valign="top">&nbsp;</td>
		<td>&nbsp;</td>
	</tr>
	<tr>
		<td width="10%" valign="top">By:</td>
		<td><i>/s/ Connie Lillico</i></td>
	</tr>
	<tr>
		<td width="10%" valign="top">&nbsp;</td>
		<td><hr noshade align="center" width="100%" size=1 color="black"> </td>
	</tr>
	<tr>
		<td width="10%" valign="top">&nbsp;</td>
		<td>Connie Lillico</td>
	</tr>
	<tr>
		<td width="10%" valign="top">&nbsp;</td>
	  <td>Corporate Secretary</td>
  </tr>
	<tr>
	  <td width="10%" valign="top">&nbsp;</td>
	  <td>&nbsp;</td>
  </tr>
	<tr>
	  <td colspan="2" valign="top">December 13, 2010</td>
  </tr>
</table>

<p>&nbsp; </p>

<hr noshade align="center" width="100%" size=5 color="Black"></BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>MATERIAL CHANGE REPORT
<TEXT>
<HTML>
<HEAD>
   <TITLE>First Majestic Silver Corp: Exhibit 99.1- Filed by newsfilecorp.com</TITLE>
   <META name="HandheldFriendly" content="true">
</HEAD>

<BODY style="font-size:10pt;">

<HR noshade align="center" width=100% size=3 color="black">
<A name=page_2></A>
<P align=center>2</P>
<P align=center><B>Form 51-102F3<BR></B><B><I>Material Change Report</I></B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>1.</B> </TD>
    <TD align=left width="90%" ><B>Name and Address of
      Company</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >FIRST MAJESTIC SILVER CORP. (the
      &#147;Company&#148;) </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >1805 &#150; 925 West Georgia Street
  </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Vancouver, BC V6C 3L2 CANADA
  </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Telephone: (604) 688-3033 </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Facsimile:&nbsp; &nbsp;(604)
      639-8873 </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>2.</B> </TD>
    <TD align=left width="90%" ><B>Date of Material Change</B>
  </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >December 13, 2010 </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>3.</B> </TD>
    <TD align=left width="90%" ><B>News Release</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >The press release was
      disseminated through the services of Marketwire. </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>4.</B> </TD>
    <TD align=left width="90%" ><B>Summary of Material Change</B>
    </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left></TD>
    <TD align=left width="90%" >The Company announced that its
      common shares have been authorized for listing on the New York Stock
      Exchange (&#147;NYSE&#148;). </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>5.</B> </TD>
    <TD align=left width="90%" ><B>Full Description of Material
      Change</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" ><B>5.1</B> <B>Full Description of
      Material Change</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >See Schedule &#147;A&#148; attached hereto.
    </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" ><B>5.2</B> <B>Disclosure for
      Restructuring Transactions</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Not applicable. </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>6.</B> </TD>
    <TD align=left width="90%" ><B>Reliance on subsection 7.1(2)
      or (3) of National Instrument 51-102</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Not applicable </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>7.</B> </TD>
    <TD align=left width="90%" ><B>Omitted Information</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Not applicable. </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>8.</B> </TD>
    <TD align=left width="90%" ><B>Executive Officer</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Keith Neumeyer, President &amp;
      CEO </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >Telephone: (604) 688-3033
      Facsimile: (604) 639-8873 </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left><B>Item</B> <B>9.</B> </TD>
    <TD align=left width="90%" ><B>Date of Report</B> </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="90%" >December 13, 2010
</TD></TR></TABLE><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_3></A>
<P align=center><U>SCHEDULE &#147;A&#148;<BR></U><B><FONT size=4>FIRST MAJESTIC SILVER
CORP.</FONT><BR></B>Suite 1805 &#150; 925 West Georgia Street <BR>Vancouver, B.C.,
Canada V6C 3L2 <BR>Telephone: (604) 688-3033 Fax: (604) 639-8873 <BR>Toll Free:
1-866-529-2807 <BR>Web site: www.firstmajestic.com; E-mail:
info@firstmajestic.com</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-TOP: #000000 1px solid" align=center><B><FONT
      size=4>NEWS RELEASE </FONT></B></TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B><I>Toronto Stock Exchange &#150; FR </I></B></TD>
    <TD align=right width="50%"><B><I>December 13, 2010 </I></B></TD></TR>
  <TR vAlign=top>
    <TD align=left>OTCQX &#150; FRMSF </TD>
    <TD align=left width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Frankfurt &#150; FMV (WKN: A0LHKJ) </TD>
    <TD align=left width="50%">&nbsp; </TD></TR></TABLE>
<P align=center><B><U><FONT size=4>First Majestic to List on the New York Stock
Exchange</FONT></U></B></P>
<P align=justify><B>First Majestic Silver Corp. </B>(TSX:FR) (NYSE:AG)
(OTCQX:FRMSF) (the "Company" or &#147;First Majestic&#148;) is pleased to announce that
its common shares have been authorized for listing on the New York Stock
Exchange (&#147;NYSE&#148;). The Company expects the shares to begin trading on the NYSE
on December 15, 2010 under the trading symbol &#147;AG&#148;. The Company will retain its
primary listing on the Toronto Stock Exchange under the trading symbol &#147;FR&#148;.</P>
<P align=justify>"We're pleased to welcome First Majestic Silver Corp, a leading
Canadian miner, to the NYSE," said Scott Cutler, EVP and Co-Head of U.S.
Listings and Cash Execution, NYSE Euronext. "First Majestic is a welcome
extension to our fast-growing roster of Canadian mining companies. The Company
and its shareholders will benefit from the deep liquidity and global visibility
offered to Canadian companies cross-listed on the NYSE." </P>
<P align=justify>&#147;First Majestic&#146;s increased exposure from this upcoming NYSE
listing is a result of management&#146;s continued focus to bring additional value to
our broadening shareholder base,&#148; said Keith Neumeyer, President and CEO of the
Company. &#147;We look forward to introducing First Majestic to a wider audience of
investors as our profile is expanded internationally.&#148;</P>
<P align=justify>First Majestic is a producing silver company focused in Mexico
and is aggressively pursuing its business plan to become a senior silver
producer through the development of its existing assets and the pursuit through
acquisition of additional assets that contribute to achieving its corporate
growth objectives. </P>
<P align=justify>FOR FURTHER INFORMATION contact info@firstmajestic.com, visit
our website at www.firstmajestic.com or call our toll free number
1.866.529.2807.</P>
<P align=justify>FIRST MAJESTIC SILVER CORP. </P>
<P align=justify><I>&#147;signed&#148;</I></P>
<P align=justify>Keith Neumeyer, President &amp; CEO</P>
<P align=justify>This press release includes certain "Forward-Looking
Statements" within the meaning of section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements of
historical fact, included herein, including without limitation, statements
regarding potential mineralization and reserves, exploration results and future
plans and objectives of First Majestic Silver Corp. are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such
statements.</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exhibit99-2.htm
<DESCRIPTION>NEWS RELEASE DATED DECEMBER 13, 2010
<TEXT>
<HTML>
<HEAD>
   <TITLE>First Majestic Silver Corp: Exhibit 99.2 - Filed by newsfilecorp.com</TITLE>
   <META name="HandheldFriendly" content="true">
</HEAD>

<BODY style="font-size:10pt;">

<HR noshade align="center" width=100% size=3 color="black">
<A name=page_2></A>
<P align=center><U>SCHEDULE &#147;A&#148;<BR></U><B><FONT size=4>FIRST MAJESTIC SILVER
CORP.</FONT><BR></B>Suite 1805 &#150; 925 West Georgia Street <BR>Vancouver, B.C.,
Canada V6C 3L2 <BR>Telephone: (604) 688-3033 Fax: (604) 639-8873 <BR>Toll Free:
1-866-529-2807 <BR>Web site: www.firstmajestic.com; E-mail:
info@firstmajestic.com</P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD style="BORDER-TOP: #000000 1px solid" align=center><B><FONT
      size=4>NEWS RELEASE </FONT></B></TD></TR></TABLE><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B><I>Toronto Stock Exchange &#150; FR </I></B></TD>
    <TD align=right width="50%"><B><I>December 13, 2010 </I></B></TD></TR>
  <TR vAlign=top>
    <TD align=left>OTCQX &#150; FRMSF </TD>
    <TD align=left width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Frankfurt &#150; FMV (WKN: A0LHKJ) </TD>
    <TD align=left width="50%">&nbsp; </TD></TR></TABLE>
<P align=center><B><U><FONT size=4>First Majestic to List on the New York Stock
Exchange</FONT></U></B></P>
<P align=justify><B>First Majestic Silver Corp. </B>(TSX:FR) (NYSE:AG)
(OTCQX:FRMSF) (the "Company" or &#147;First Majestic&#148;) is pleased to announce that
its common shares have been authorized for listing on the New York Stock
Exchange (&#147;NYSE&#148;). The Company expects the shares to begin trading on the NYSE
on December 15, 2010 under the trading symbol &#147;AG&#148;. The Company will retain its
primary listing on the Toronto Stock Exchange under the trading symbol &#147;FR&#148;.</P>
<P align=justify>"We're pleased to welcome First Majestic Silver Corp, a leading
Canadian miner, to the NYSE," said Scott Cutler, EVP and Co-Head of U.S.
Listings and Cash Execution, NYSE Euronext. "First Majestic is a welcome
extension to our fast-growing roster of Canadian mining companies. The Company
and its shareholders will benefit from the deep liquidity and global visibility
offered to Canadian companies cross-listed on the NYSE." </P>
<P align=justify>&#147;First Majestic&#146;s increased exposure from this upcoming NYSE
listing is a result of management&#146;s continued focus to bring additional value to
our broadening shareholder base,&#148; said Keith Neumeyer, President and CEO of the
Company. &#147;We look forward to introducing First Majestic to a wider audience of
investors as our profile is expanded internationally.&#148;</P>
<P align=justify>First Majestic is a producing silver company focused in Mexico
and is aggressively pursuing its business plan to become a senior silver
producer through the development of its existing assets and the pursuit through
acquisition of additional assets that contribute to achieving its corporate
growth objectives. </P>
<P align=justify>FOR FURTHER INFORMATION contact info@firstmajestic.com, visit
our website at www.firstmajestic.com or call our toll free number
1.866.529.2807.</P>
<P align=justify>FIRST MAJESTIC SILVER CORP. </P>
<P align=justify><I>&#147;signed&#148;</I></P>
<P align=justify>Keith Neumeyer, President &amp; CEO</P>
<P align=justify>This press release includes certain "Forward-Looking
Statements" within the meaning of section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements of
historical fact, included herein, including without limitation, statements
regarding potential mineralization and reserves, exploration results and future
plans and objectives of First Majestic Silver Corp. are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in such
statements.</P>
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