Common use of Announcement and Shareholder Communications Clause in Contracts

Announcement and Shareholder Communications. First Majestic and SilverCrest shall each publicly announce the transactions contemplated hereby promptly following the execution of this Agreement, the text and timing of each Party’s announcement to be approved by the other Party in advance, acting reasonably. First Majestic and SilverCrest agree to co-operate in the preparation of presentations, if any, to the SilverCrest Shareholders and the First Majestic Shareholders regarding the transactions contemplated by this Agreement and no Party shall issue any press release or otherwise make public announcements with respect to this Agreement, the Arrangement or any Acquisition Proposal without the consent of the other Party (which consent shall not be unreasonably withheld, conditioned or delayed) provided, however, that the foregoing shall be subject to each Party’s overriding obligation to make any disclosure required under applicable Laws, and the Party making such disclosure shall use all commercially reasonable efforts to give prior oral or written notice to the other Party and reasonable opportunity to review or comment on the disclosure, and if prior notice is not possible, to give such notice immediately following the making of such disclosure.

Announcement and Shareholder Communications. First Majestic and SilverCrest Primero shall each publicly announce the transactions contemplated hereby promptly following the execution of this Agreement, the text and timing of each Party’s Partys announcement to be approved by the other Party in advance, acting reasonably. First Majestic and SilverCrest Primero agree to co-operate in the preparation of presentations, if any, to the SilverCrest Primero Shareholders and the First Majestic Shareholders Primero Debentureholders regarding the transactions contemplated by this Agreement and no Party shall issue any press release or otherwise make public announcements with respect to this Agreement, the Arrangement or any Acquisition Proposal without the consent of the other Party (which consent shall not be unreasonably withheld, conditioned or delayed) ), provided, however, that the foregoing shall be subject to each Party’s Partys overriding obligation to make any disclosure required under applicable Laws, and the Party making such disclosure shall use all commercially reasonable efforts to give prior oral or written notice to the other Party and a reasonable opportunity to review or comment on the disclosure, and if prior notice is not possible, to give such notice immediately following the making of such disclosure.

Announcement and Shareholder Communications. First Majestic and SilverCrest Primero shall each publicly announce the transactions contemplated hereby promptly following the execution of this Agreement, the text and timing of each Party’s announcement to be approved by the other Party in advance, acting reasonably. First Majestic and SilverCrest Primero agree to co-operate in the preparation of presentations, if any, to the SilverCrest Primero Shareholders and the First Majestic Shareholders Primero Debentureholders regarding the transactions contemplated by this Agreement and no Party shall issue any press release or otherwise make public announcements with respect to this Agreement, the Arrangement or any Acquisition Proposal without the consent of the other Party (which consent shall not be unreasonably withheld, conditioned or delayed) ), provided, however, that the foregoing shall be subject to each Party’s overriding obligation to make any disclosure required under applicable Laws, and the Party making such disclosure shall use all commercially reasonable efforts to give prior oral or written notice to the other Party and a reasonable opportunity to review or comment on the disclosure, and if prior notice is not possible, to give such notice immediately following the making of such disclosure.

Announcement and Shareholder Communications. First Majestic Silver Wheaton and SilverCrest Silverstone shall each publicly announce the transactions contemplated hereby promptly following the execution of this AgreementAgreement by Silver Wheaton and Silverstone, the text and timing of each Party’s such announcement to be approved by the other Party Silver Wheaton and Silverstone in advance, acting reasonably. First Majestic Silver Wheaton and SilverCrest Silverstone agree to co-operate in the preparation of presentations, if any, to the SilverCrest Shareholders and the First Majestic Silverstone Shareholders regarding the transactions contemplated by this Agreement Plan of Arrangement, and no Party shall (i) issue any press release or otherwise make public announcements with respect to this Agreement, Agreement or the Plan of Arrangement or any Acquisition Proposal without the consent of the other Party (which consent shall not be unreasonably withheld, conditioned withheld or delayed) or (ii) make any filing with any Governmental Entity or with the TSX, NYSE or TSXV with respect thereto without prior consultation with the other Party; provided, however, that the foregoing shall be subject to each Party’s overriding obligation to make any disclosure or filing required under applicable LawsLaws or stock exchange rules, and the Party making such disclosure shall use all commercially reasonable efforts to give prior oral or written notice to the other Party and reasonable opportunity to review or comment on the disclosuredisclosure or filing, and if such prior notice is not possible, to give such notice immediately following the making of such disclosuredisclosure or filing.