<SEC-DOCUMENT>0001062993-14-001081.txt : 20140303
<SEC-HEADER>0001062993-14-001081.hdr.sgml : 20140303
<ACCEPTANCE-DATETIME>20140303124526
ACCESSION NUMBER:		0001062993-14-001081
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20140303
FILED AS OF DATE:		20140303
DATE AS OF CHANGE:		20140303

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST MAJESTIC SILVER CORP
		CENTRAL INDEX KEY:			0001308648
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		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:		14659348

	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 6K - 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 <u><b>March 3, 2014</b></u></P>
<P align=center>Commission File Number <B><u>001-34984</u></B></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"> 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>
<HR noshade align="center" width="100%" size=5 color="black" style="page-break-after:always;">
<p align="center"><img src="fmlogo.jpg" width="194" height="116"></p>
<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 March 3, 2014</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"><B>SIGNATURES </B></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="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
  <TR vAlign=top>
    <TD align=left>FIRST MAJESTIC SILVER CORP. </TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>By: </TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left><I>/s/ Connie
      Lillico</I> </TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>Connie Lillico </TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>Corporate Secretary </TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="60%"  >&nbsp;</TD>
  </TR>
  <TR vAlign=top>
    <TD align=left>March 3, 2014</TD>
    <TD align=left width="60%"
>&nbsp;</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>EXHIBIT 99.1
<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">
<!--$$/page=--><A name=page_1></A>
<P align=center><B>Form 51-102F3<br>
</B><B><I>Material Change Report</I></B> </P>
<DIV>
<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:&nbsp;&nbsp; (604) 688-3033 </TD></TR>
  <TR vAlign=top>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="90%">Facsimile: &nbsp;&nbsp;&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%">March 3, 2014 </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 CNW Group. </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=bottom>
    <TD align=center >&nbsp;</TD>
    <TD align=left width="90%" >The Company announced personnel
      promotions and changes.&nbsp;&nbsp;</TD></TR>
  <TR>
    <TD align=center >&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%" ><STRONG>Full Description of
      Material Change</STRONG> </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>&nbsp;&nbsp;&nbsp;&nbsp; <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>&nbsp;&nbsp;&nbsp;&nbsp;
      <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%">March 3, 2014 </TD></TR></TABLE></DIV><BR>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<A name=page_2></A><BR>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD align=center><U>SCHEDULE &#147;A&#148; </U></TD></TR>
  <TR>
    <TD>&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=center><B><FONT size=5>FIRST MAJESTIC SILVER CORP.
  </FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD align=center>Suite 1805 &#150; 925 West Georgia Street </TD></TR>
  <TR vAlign=bottom>
    <TD align=center>Vancouver, B.C., Canada V6C 3L2 </TD></TR>
  <TR vAlign=bottom>
    <TD align=center>Telephone: (604) 688-3033 Fax: (604) 639-8873 </TD></TR>
  <TR vAlign=bottom>
    <TD align=center>Toll Free: 1-866-529-2807 </TD></TR>
  <TR vAlign=top>
    <TD align=center>Web site: www.firstmajestic.com; E-mail:
      info@firstmajestic.com </TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1px solid">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD align=center><B><FONT size=5>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>TSX: FR </TD>
    <TD align=right width="50%">March 3, 2014 </TD></TR>
  <TR vAlign=top>
    <TD align=left>NYSE: AG </TD>
    <TD align=left width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Frankfurt: FMV </TD>
    <TD align=left width="50%">&nbsp; </TD></TR></TABLE>
<P align=center><B><U><font size="4">First Majestic Announces Changes to Operations and
Geological Teams</font></U></B></P>
<P align=justify>First Majestic Silver Corp. (&#147;First Majestic&#148; or the &#147;Company&#148;)
(NYSE: AG; TSX: FR) is pleased to announce the following personnel promotions
and changes. </P>
<P align=justify>In the ongoing effort to continually improve operations and to
realize further operational efficiencies over the coming years, after achieving
the senior producer status in 2013, the Company has decided to promote Mr.
Salvador Garc&#237;a to the role of Chief Operating Officer starting July 1, 2014.
Mr. Garc&#237;a has been partnering with Mr. Ramon Davila to manage the Company&#146;s
Mexican operations since January 2013 and has proven his ability to take over
this important operational role. Mr. Garc&#237;a is well respected and highly
regarded within the Mexican mining industry with over 35 years&#146; experience in
senior positions in all aspects of mining operations. </P>
<P align=justify>Prior to joining First Majestic in January 2013, Mr. Garc&#237;a
held several positions, most recently as Vice President Mexico, for Goldcorp.
Mr. Garc&#237;a was with Luismin prior to its acquisition by Goldcorp (NYSE:GG;
TSX:G) for a period of 25 years. He worked in positions ranging from Mine
Superintendent, General Manager and Operations Director and was later promoted
to the senior management team of Goldcorp as Vice President Mexico. While in
those positions, he was responsible for the operations at the Tayoltita and San
Antonio mines and was involved in the development, construction and operation of
the Los Filos, El Sauzal and Pe&#241;asquito mines. Mr. Garcia graduated with a
bachelor&#146;s degree in mine engineering from the School of Mines at the University
of Guanajuato.</P>
<P align=justify>Consistent with the Company&#146;s successions plans, Mr. Garc&#237;a
will replace Mr. Davila who will remain on the Board of Directors. Mr. Davila
will also continue to act as the Company&#146;s Governmental Relations Officer in
Mexico and will remain a member on the Chamber of Mines representing First
Majestic. Mr. Davila has held the position of Chief Operating Officer since
December 2003 and will retire from that position on June 30, 2014.</P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_3></A>
<P align=center>2</P>
<P align=justify>Mr. Davila stated, &#147;What a long and exciting journey it has
been over the past 10 years. I&#146;ve had the opportunity to head the Mexican team
to the dream of taking First Majestic to the level of a senior silver producer.
When you have the willingness, there&#146;s no place to go but up. I would like to
thank Mr. Keith Neumeyer, the Board of Directors, and all of our staff for their
friendship and support, and I look forward to continually working with First
Majestic and its Board of Directors in the years to come in my Directorship
role&#148;. </P>
<P align=justify>Keith Neumeyer, President and CEO of First Majestic states, &#147;As
many of our shareholders know, 2013 was our tenth year anniversary and we have
achieved our initial goal of building a company that produces over 10 million
ounces of silver per year. We were able to reach this goal because of the depth
and breadth of our management team and the continuous efforts the entire team
brings to the table every day. We are now turning the page on a new chapter for
First Majestic. Our focus has now been elevated toward reaching 20 million
ounces of silver production and I truly believe we have the experienced team and
the quality assets to accomplish this new goal. Many achievements have been
realized over the past 10 years and a lot of hard work remains to achieve this
new goal, but everyone is ready for the new challenge. I would personally like
to thank Ramon Davila for his many years of hard work and dedication in
assisting in the development of First Majestic to reach its goals to date.&#148; </P>
<P align=justify>In addition, First Majestic is also pleased to announce the
following personnel changes within the Operations and Geological teams in an
effort to organize operations and geology for greater efficiency and
effectiveness.</P>
<P align=justify>Consistent with the Company&#146;s primary focuses, which are;
automation, information technology and metallurgy, Mr. Alejandro Sandoval was
recruited as the General Manager of Processing Plants in January to focus on
improving recoveries at all operations. Mr. Sandoval has over 37 years of
experience in the Mexican mining industry and specifically in the area of
metallurgy, having had experience in all positions at the plants, laboratories,
research and design and construction of plants with Fresnillo, Pe&#241;oles, Goldcorp
and Minera Frisco. Mr. Sandoval is responsible for all metallurgical matters and
for ongoing improvements and testing at all operations. He graduated with a
bachelor&#146;s degree in metallurgy from the School of Metallurgy at the University
of San Luis Potosi.</P>
<P align=justify>Mr. Mario Valdez Bustillos, a mining engineer with over 31
years of mining experience in all aspects of mining operations. Mr. Valdez has
held several positions ranging from Mine Foreman, Assistant of Mine
Superintendent, Mine Superintendent, Manager of several operations at Grupo
Mexico, Minera Alfil and Diabras and who has held the position of Regional
Manager of Operations since June 2009. Mr. Valdez has been promoted to
Divisional Manager of Operations in charge of the La Encantada, San Martin and
La Guitarra mining operations. He graduated with a bachelor&#146;s degree in mine
engineering from the School of Mines at the University of Chihuahua. </P>
<P align=justify>Mr. Carlos Castro Villalobos, a mining and metallurgical
engineer with over 36 years of mining experience has held numerous positions in
companies such as Pe&#241;oles and Luismin, including Manager of Mining Operations and Manager of Construction of
Mining Projects. Mr. Castro has been the Company&#146;s Manager of Projects since
June 2012 where he was responsible for the construction of Del Toro and the
expansion project at La Parrilla. He has now been promoted to Divisional Manager
of Operations in charge of the La Parrilla and Del Toro operations. Mr. Castro
graduated with a bachelor&#146;s degree in mine engineering from the School of Mines
at the University of Guanajuato. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_4></A>
<P align=center>3</P>
<P align=justify>Mr. Sergio Alan Moreno Zazueta, a mining engineer with over 28
years of mining and academic experience at Grupo Mexico and at the School of
Mines at the Sonora University, with work on mining operations with consulting
works on use of explosives, rock mechanics and all aspects of mining operations
who has held the position of Manager of La Encantada since July 2011, has been
promoted to Corporate Manager of Safety, Training and Environmental. Mr. Moreno
graduated with a bachelor&#146;s degree from the School of Mines at the University of
Sonora and holds a master&#146;s degree in extractive metallurgy and a PhD in mining
exploitation. </P>
<P align=justify>Mr. Carlos Wong, a geological engineer with over 30 years of
mining experience in all aspects of mine planning, construction of new projects,
reserves definition and exploration. Mr. Wong, who has held the position of
Manager of Exploration since May 2012, has been promoted to Manager of Planning
and Innovation Projects. He graduated with a bachelor&#146;s degree from the School
of Geology at the University of San Luis Potosi and holds a master&#146;s degree in
mineral economics from the Colorado School of Mines. </P>
<P align=justify>Ms. Maria Vazquez recently joined First Majestic in October
2013 as Geological Database Manager, located in Vancouver, Canada. Ms. Vazquez
is a professional geoscientist with over 14 years of mining exploration
experience; 10 years of which have been managing geological databases.
Previously, Ms. Vazquez held the position of Database Geologist at AMEC for two
and a half years. She also worked for a junior exploration company in Vancouver
for four years and as a geological database consultant prior to joining
AMEC.</P>
<P align=justify>Mr. Todd Anthony, who has held the Investors Relations Manager
position since May 2010 has been promoted to Vice President of Investor
Relations. Mr. Anthony has over 8 years of experience within the investment
community and financial markets having worked previously at U.S. Global
Investors. He graduated with a bachelor&#146;s degree in business administration from
Stephen F. Austin State University along with a master&#146;s degree in business
administration from Texas A&amp;M University-Kingsville.</P>
<P align=justify>First Majestic is a mining company focused on silver production
in M&#233;xico 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. </P>
<HR style="PAGE-BREAK-AFTER: always" align=center width="100%" color=black
noShade SIZE=5>
<!--$$/page=--><A name=page_5></A>
<P align=center>4</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>SPECIAL NOTE REGARDING FORWARD-LOOKING INFORMATION </P>
<P align=justify>This news release includes certain "Forward-Looking Statements"
of &#147;forward looking information&#148; within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian securities
laws, respectively. 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 accuracy of mineral reserve and resource estimates; the
estimated cost and timing of development of our development projects; the timing
of completion of exploration programs and preparation of technical reports; 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. </P>
<P align=justify>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 or Mexico; the Company&#146;s cash flow
and availability of alternate sources of capital; 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 or development, 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". </P>
<P align=justify>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. </P>
<HR align=center width="100%" color=black noShade SIZE=5>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>fmlogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 fmlogo.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``8$!`0%!`8%!08)!@4&"0L(!@8(
M"PP*"@L*"@P0#`P,#`P,$`P.#Q`/#@P3$Q04$Q,<&QL;'"`@("`@("`@("#_
MVP!#`0<'!PT,#1@0$!@:%1$5&B`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("#_P``1"`!T`,(#`1$``A$!`Q$!_\0`
M'``!``(#`0$!``````````````4'!`8(`@$#_\0`3Q```0,#`@,%!`8$"`H+
M`````0(#!``%$082!R$Q"!,4(D$R46%Q%2-"4G*!%C.1H1<8)#2"L;*S-C=#
M5G-T=9.5XR4U4V)V@Z.DP=+Q_\0`%`$!`````````````````````/_$`!01
M`0````````````````````#_V@`,`P$``A$#$0`_`.J:!0*!0*!0*!0*!0?"
M0!D\@.IH.:];<9-:\0]<?P><)WO#1VR1<M1I^Z@X<6A?/8TGIN'F4>GQ".GZ
M1X8:8EBW:R_32]WQ;G=_2&R6&I#F>L8M+PH'T\Q-!O-GTIQ4THMFXZ!>?NVG
MKDSN=TUJN0M,F$Z/9+;GF*<CJ@GY_`)8<8-8Z?.[B#HF3:+:#AV^6YY%QB-#
M[[R6P'&T>\\Z"THDN-,BLRXKJ7XTA"76'D'<E:%C*5)(Z@@T'ZT"@4"@4"@4
M"@4"@4"@4"@4"@4"@4%`=K#BXO3.G$Z2M#^R]7QL^+<0?,S"/E5\E.G*1\,T
M$GV4N'2=,</$7J6SLN^HL2EDCS)BC^;H_,>?\Z"[*"$U+;M5S4M(L-Y9LX_R
M[KD3Q;A_!N<;0G\TF@K:YV;CG!UBJ#;IWZ3Z:G6];<MV[)B18[,AW*!@1T=Z
MM*0,E(3SSC-!8N@M+#2>CK1IP2%2_HR.E@R%<MY',D#G@9/(>@H)^@4"@4"@
M4"@4"@4"@4"@4"@4"@4&%>KQ`LMHF7:X.!F#`97(D.'T0V-Q_JH.#]/QKKQL
MXY)=G!7A[A)\3,3Z,6]C_)C^@`@?$T'?3++3#*&64AMII(0VA/(!*1@`?(4'
MN@4"@4"@4"@4"@4"@4"@4"@4"@4"@A=6:F&G;:F=]&3[L5.!L1;6QXA[F"=Q
M3E.$C',YH-/_`(:U?YBZL_X9_P`R@?PUJ_S%U9_PS_F4%)]IKCJN[Z>:T="M
M5SLK\M:7[HW<V1&<5'3S;2E(4HD+6,GY4&-V=[S;^&FE[EJN^Z9OKRKBE*DW
M:/"WQ&X*<%)#JEIY+6<J.,<A07WI/CWPWU)IJXZB:GFWV^TK2B?XX!I:"L9;
MY`KW;\';MR2:#7I_'+6UQ:+^A^'5TO%O/ZJY3?Y$VXG[S;:@5J2?3I0:W"[6
MKUJOB;/Q!TC+TXZ2-SR2I>T'[9:6AM13\4DT%PZCXF:*T]IJ/J.?<FS;)H2;
M>IGZU<HK&4I80GFLG_\`:"NIW&WBQ*1XG3G"RXO6\^9M^>YW#JT^A[@)*A^T
MT$3IGM<VM5]%BUS8)&EYF\-./+45MMJ/3OD+0VX@?'!H.@6W&W&TN-J"VU@*
M0M)R"#T(-!ZH%`H%`H%`H%`H%`H%`H%`H,*]WB!9;/,N]P<#,&`RN1(</HAL
M;C0<$66'>>-G&O=)W!%UE%^61S\/`9^R/PM@('QH.X-96R"WP[O=M;:2B"W:
M9+#;"?92VF.I*4CY`4')G9"T59]1ZPN,R[M^*CV1IJ3&A.<V525J4E#JT'DH
MM@*VY]30=KT%,]J_2=OO'">;='&D_2%C6W)BOX\P2MQ+;J,_=4E><>\"@T3L
M>::C7BV/ZCO"U3WK"Z;?8&'SO;AI<^O>6TD\@I:G.M!U#0<V=M/25O>TO:=4
MH:2FXQ)0A//`>9;#R%*2E7OVJ1R^9H+"[,]ZEW;@Q8'92BMV,'H@6>I1'>4A
MO]B`!06C0*!0*!0*!0*!0*!0*!0*!0<S]LGB3X*T0]"P'<2+CB7==IYB.A7U
M39_&L;OZ/QH)CLA<-_H+1SNK)S6VY:@QX7/5$)!\G^]5YOEMH+FUK_@;?O\`
M9TO^X50<Q=A[_KO57^K1?[;E!UO05SVB?\2NJO\`54?WS=!7O8H_Q?WK_:A_
MN&Z#HB@HKMD*`X2M#[USC_V'*"6[*`QP3M'Q?EG_`-PN@M^@4"@4"@4"@4"@
M4"@4"@4&%>KQ`LMHFW:X.!J%`97(D.'T0VG<?ZJ#@FQP;QQLXUE<G<&[I),F
M:>OAX#./*#Z;6P$#XT'?T2)&AQ&8D5L-1HZ$M,-)Y)2A`VI2/@`*"&U\\EC0
MNHGE=&[9,4?R870<R=A]7_3VJD^^+&/_`*BZ#KF@K/M)N!O@GJ?/VFF4C\Y#
M=!7O8D>W:*U`S]RXI5C\3"?_`*T'1U!07;/<4.&$%(Z+NC6?R:=H-@[*:DG@
ME9MISAV6%?/Q*Z"W:!0*!0*!0*!0*!0*!0?,C.,\_=0?:#FGMB\2#%M</0-M
M<W3+F4R;HE'-082KZEKEZN+&<>X?&@V_LR\('-#:45=+LSLU)>TI<DH5[4=@
M<VV/@?M+^/+TH+AF>+\(]X/8)>Q7A^^SW?>8\F_;SVYZXH*IU=I7C]J:P3;&
M_=M-P(EP97'DKBL32Z6W!A0"G%*`R.72@BNS_P`!-1<,KY=9MQN42=&N$9+*
M4QPX%A:'-V3O`&,9H+P5NVG;[7IGIF@ISB-PTXQ:]L#M@N6H++"MCZT+=;B0
MY.]?=JW)!6XZOED9Y"@AN%W`OBKPV\:BPZFM3\>>4*DQID-]:2IO(24E#B%`
MX5[Z"\;0+N+:P+PMA=RV_P`I7$2M#!5G["7"I0&/>:"!XE<.;'Q!TP[8+P7&
MVBM+S$AD@.-.HSM6G.0>1((/I05GHG@3Q/X?]]&TCKI@VIY9<5;[A`[QO>>6
MX`.Y22!SVD9H+!M43C(B8P+I<K`]""QXDL1):'BC[6S<^I(5\Z#=:!0*!0*!
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MDE.]00,_TE"@RZ#$NMVMUIM[UQN3Z8L*.-SSZ_92"<#]YQ09=`H%`H%`H%`H
M%`H%`H%!2&IKW:;'VG+=.N;_`(:,K3#B"X4J5YC*.!A`4?2@L[3VI=(:FD3W
MK+(3+D14HBSGT)<;6D*RM#>Y00?M%7+IF@T;@/*N=WM^KS=KC+G^'OTVWQB^
M^XHMQF"G8A!SD8SUZT$=PELUSU9HZ[R+AJ.\MW%J[7"'%G-3GMS3;#FUK""2
MVK;_`-X<Z#;.!NI=2ZBX?QYVHE!^>W(D14SDIV"4U'<+:']HY>;'IUQF@UK3
M-WM.I]<ZIT[K&?+BZCASW$6FT"6_";^C0!W#L4,K:[U2QE2U<S^5!OCNAU/Z
M;@6%^]7$M0W>\<FMR%MRWD)*BAMR0D[\#<,G//%!7E\M,N'QGTQI=B^WE-FN
M5NFR9;/TC))4XQ[!WE6X8^!H+-TYI--BF3GFKG/G,S0U]1/D.2NZ4WNR6U.$
MD!04,CX4&J]H"*NY</#84.=RN_W"!:PYUV^(E(R<>N`DF@\\"M77"ZZ:D:=O
MIQJG23QM5V2KVEAKDR_\0X@=?4@T&G]IN;<[UIR[V.U/%J'IV*U>+ZZG[3A=
M`B1?S&YY7X4^^@NNP31.L5MFCI*BLO#_`,QL*_\`F@J3B#Q'O]GXAP+M%=QH
M?3TMFSZEP?*J1<T;N\/IB*.ZS\58H+H.U:.N4J'4'T/N(H*IX12+C/U7Q%B7
M"X2YD6W78P8#+\AQ898*2HI1D\NO7K01'"J$Y?W-:LWC4%UVVN_S($#%R?:+
M49L)*$C"AG;N/,T$[Q4O%PTAH6P=U.EKLB)L.+J*^,DN2TV_!"WN\&2"M02%
M+'/GRYT&Q::TWIQ<J#J335WDOV]QE8*$SGYD22EP>59#KC@WH(ZB@U+B5I)[
M2_#34%Y@:@O1N\**Y);E*N$C'?9R2&MVP)R>20,`4$QI;1!N.G-.7A5_O(GE
MF#/>*I[[C3J]J''$.-*5M*%\P101:9MT_C)+L_TA+^AQI_Z1^C>_7X?Q/B`W
MOV9Q[/ITH,]^_P!UUCQ%NND;9.=MEATRTRJ^2XAV2I,J2"IN,V[S[IM"!E:D
M^8GED4$W-X7Z??C*;8F76%(QY)L>YS0\E7WO.ZM)_--!]M&G]5Q;3"C2[H[*
ME,,--R)*G3N<<0@!2SRZJ(S0:1,EM?QKK>SO`6-,.(VYYY,@KQ^P9H+@1%CM
MONR$-I2\_M[YP#FK9R3GY9H*C[-S[3D#6P0H*VZIN)./<HIQ0:UPDT2C57#C
M534*]S[9-EWBZ--O1);J6D$N922RE6PA0/FY<Q0;YPEU[XEM6B-11FK-K.P(
M##]M0`VS(80,-RH8Y!32QZ)Z4'S7&DN&_$W3'TP_*;C/PDN*A:A9<2U(A.-$
MYW+!Y!"T^9*OW'G02?!2\ZBO/#*R7#4)*[FZTH*D+&U3S:'%):>(Y<W&P%?'
MK0:UJM]I/:3T.A2@%*M%Q`&>?,'']DT%NT%;\67TN:BX=VHD9E:A1(*3ZIAQ
MW7/[6V@UKBKXGASQ!MW%*W1G)%KN*1:-5PF!E3F[^:/`?>W@(_8/6@F;KI&:
MUP4U6+L`=07Z#,N5Y5[I#C14EH'[K"$I;3^&@]Z!U[:[7V?K/JF8\A3%LLZ`
MZ`H>9V,CN@U^)2T;<>^@PK=P=NUTX;2;->K]+;DZA;<FWB(EN*6A-EGOE^93
M*G<-N8`\^>7*@E>`NKI-ZT4+3=E8U)IAU=HO#)/GWQCL0X1UPM`'/WYH([@K
M_AIQ2_\`$)_NZ#6^#UBT%?9W$3Z<BP)KOZ33D@R0VI?<J"1R*N83G=06TQ>M
M%B':K$E]AV!<F7HMN:<VJ9?;A@-N-C=R7R_:*"M;'I:/H'C9;K/HR0O]']0Q
MI<F^Z>"^\9A%@`M24#GW8<6K8!\QTZ!N''I24\'-6%1P/`+'/WD@#]]!/</%
MI7H'3:TG*3;(>"/]`B@KY#S7\:M;>X;_`-%<8^/BP?ZJ"/7<E<+N,U^NE^"F
MM&:W\.XW><$LQ9S"=G=OJ'L!63@GET^.`N(7ZQJA>.3<8QA;=_B@\WW6WKNW
MYVXH(^'K&#-AL38D62]%DMI>CO);&%MN#<E0Y]"#F@R'=(:5>N)N;MHAKN).
M?&J8;+^?])C=^^@E5H0XA2%C<A0PI)Z$&@C+?I33%M[[Z.M42'X@%,CN&4-=
MX#UW[0,Y^-![M.FM/6<K-IML:W]Y^L\,TAG=\]@&:#U<-/6&Y2&9-PMT:7)C
M_P`W?>:0MQO\"R-R?RH(Y?#O02Y2Y2M/6XR'%=XXOPS7F7]Y7EP3\30;`E*4
MI"4C"1R`%!%R]*Z9F7!-REVJ(_<$8V3'&4*>3CIAPC</VT$K01MPTUIZXRVY
MD^VQI<MG]3(>:0MQ'X%*!*?RH,YZ/'?:[I]I+K60=BP%)RD[DG!]Q`(H/KK3
M3S2VGD)<:<!2XVL;DJ2>1!!Y$&@A3H/1!CF-]`6_PQ5O,?PS7=[OO;-NW/QQ
M033333+26FDA#:!M0@<@`.@%!$NV&S6Y^3>+;98Z[R[DJ=90TR\\M7_:/8!]
M>9.:"+X>Z%&F+=<C,>3+N]]FOW.\OI!#9>D']6V#S[M"?*G/SH,U?#W0:SE>
MG+83ZGPC&3\_+SH,F=I#2L^W1[;,L\.1;XF/"1'&&U-M8Z=VG&$?E0?M9].6
M"RI<3:+='@!WF[X=I+97CIN*0"<?&@_:YVFUW6*8ESB,S8I.5,2$)<;)'3*5
M9%!]MUKMULC"+;HS42,GV6&4AM`^24X`H,16E=,JNGTLJU13=,Y\>64=_P#[
MS&[]]!(R8T>2PN/):0^PX,.-.)"T*'N*3D&@UK^"OAIOW_HM:LD[OYFSC/RV
MXH-G;:;:;2TT@(;0`E"$C``'(``=`*#U0*!0*".U!>F++:G;E(25,LE`<(Z)
M"UA!6L\]J$9W*..0YT&5`DF5#9DX2.]2%C8L.(P>A2M/)0(Z&@Q=/WA%YM35
MQ0T64NJ<3W:B"1W;BFSS'O**!9+PFZQGWTM%GN),B*4D@Y,=TM%7+T)3RH,%
M_5K;,VYP%1%^,@JC!AG<G^4IF':VMOX;PI)STQ09FH[VBR69^YN-%U#&S<V%
M!/MK2CJ>7+=09<&5XJ(V_A(WY]A8<3UQR6.1H(336LFKY(+*(BV?JEO!S<EQ
M.$/*8*5[?942C(!ZCY4&QT$9-O7=71JU16?$SW&522@J[M*&4J"-RE8/52L`
M`4&0B<INVJFW!OP?=(6Y(05!>Q*,Y.Y/48&:")3JX)3:Y$F$MB!>'&VH<G<E
M1"WD[F0Z@<T=YTY$X/(T&5J+4*;-X++(>,YXQT;G$M)2H,K>RI2^6,-$4&;:
MK@FXVR+/2TME,II#P9=&U:=XSA0]XS01&F]7HO<A3*8;C`[M;J724K1]6^M@
MI41[*B6\@>HH-AH%`H%`H%`H%`H%!CSHQD1RA+SC!!"M[6W/+T.X*!!]010?
MG:+3#M%M8MT).R+&3M:2?GG^LT'FRVB-:+<W;XJEJ8:*U)+AW*^L67#D\O51
MH/QL^GV+4M\L29"VWWGI"F'5)4@.2'.]64X2#[1..?*@]R;!;)-ZB7IULF?"
M;<:96"0-KN,[D]%8QY<],GWT'N]V>->+8[;I*EH9>V%2FCM6"A86,$@^J109
M,9@L,ALNK>(S]8YC<<G//:$C]U!#6K1EGM3\=^"76GF`XA2PK]<AUPN[7AC"
M]JUDI/4>^@GJ"*NE@BS)L>Y)=>B7"(A;;<J.H)46EX*FUA06A:24@X(Y'I09
MK4-`A>%?6J4A22EQ3^%%85UW8`'K[J"*@:3MT5,./WK[\2UJ"[?&?6%H:*04
MHQR"E=VDX3N)Q09EWL-ONRH9FI[Q,)XOMM<BA2BVMHA:2#N&UP\J#]+1:V+7
M!1!CN.KCM9#(>5WA0CT0%'GM3T&?2@_&!8(L"S*M41YYIHETAX*'?)+RU.*(
05C[RSCE02=`H%`H%`H/_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
