SCHEDULE: Electrum Group Discloses 5.3% Stake in First Majestic

Electrum Strategic Management and related entities report beneficial ownership of 5.3% of First Majestic Silver Corp.'s common shares as of June 30, 2025.

Summary

• Electrum Strategic Management LLC, Electrum Global Holdings L.P., TEG Global GP Ltd., and The Electrum Group LLC collectively report beneficial ownership of 25,911,248 common shares of First Majestic Silver Corp.
• This aggregate ownership represents 5.3% of First Majestic Silver Corp.'s outstanding common shares.
• Electrum Silver US LLC directly owns 15,815,706 common shares, representing 3.2% of the class.
• Electrum Silver US II LLC directly owns 10,095,542 common shares, representing 2.1% of the class.
• The total outstanding common shares of First Majestic Silver Corp. as of June 30, 2025, were 487,254,107.
• The reporting persons disclaim beneficial ownership of shares except to the extent of their pecuniary interest.
• The shares were not acquired for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership, providing no explicit positive or negative sentiment regarding the issuer's performance or outlook. It is a standard regulatory update.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or operations.

Industry Context

This filing indicates a significant institutional stake in First Majestic Silver Corp., a company operating in the precious metals mining sector. Such disclosures are common for large investment groups taking positions in publicly traded companies, reflecting their investment strategies within the mining industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and trading activity.
• Investment Professionals: Offers insight into the holdings of major investment groups, potentially informing their own investment decisions or analysis of the company.

Key Dates

Keywords

First Majestic Silver Corp, Electrum Strategic Management, Electrum Global Holdings, Silver Mining, Shareholder Disclosure, Beneficial Ownership, SEC Filing, Mining Investment, Precious Metals