Gatos Silver, Inc. (NYSE - GATO)

Gatos Silver, Inc. (NYSE – GATO)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Gatos Silver, Inc. (NYSE – GATO)

BALA CYNWYD – September 9, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Gatos Silver, Inc. (“Gatos Silver” or the “Company”) (NYSE – GATO) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the proposed sale of the Company to First Majestic Silver Corp. (“First Majestic”) (NYSE -AG) (TSX – AG) (FSE -FMV). Under the terms of the agreement, Gatos Silver shareholders will receive 2.550 common shares of First Majestic for each common share of Gatos Silver held. The consideration implies a total offer value of US$13.49 per common share of Gatos based on the closing price of First Majestic’s common shares on the NYSE on September 4, 2024,

The investigation concerns whether the Gatos Silver Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether First Majestic is paying fair value to shareholders of the Company.

If you own shares of Gatos Silver stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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