Van Eck holds 7.2% stake in First Majestic Silver

Van Eck Associates Corporation reports beneficial ownership of 35,668,213 First Majestic Silver Corp ordinary shares, representing 7.2% of the class.

Rhea-AI Filing Summary

Van Eck Associates Corporation reports beneficial ownership of 35,668,213 First Majestic Silver Corp ordinary shares, representing 7.2% of the class. Van Eck has sole voting and sole dispositive power over all these shares, with no shared voting or dispositive authority disclosed.

Key Figures

Shares beneficially owned: 35,668,213 shares Ownership percentage: 7.2% Sole voting power: 35,668,213 shares +1 more

4 metrics

Shares beneficially owned 35,668,213 shares First Majestic Silver ordinary shares reported as owned by Van Eck Associates Corporation

Ownership percentage 7.2% Percent of First Majestic Silver ordinary shares class held by Van Eck Associates Corporation

Sole voting power 35,668,213 shares Shares over which Van Eck Associates Corporation has sole power to vote or direct the vote

Sole dispositive power 35,668,213 shares Shares over which Van Eck Associates Corporation has sole power to dispose or direct disposition

Key Terms

beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 35,668,213"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 35,668,213.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 35,668,213.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Percent of class financial

"Item 4. | Ownership (b) | Percent of class: 7.2 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Schedule 13G/A regulatory

"form_type": "SCHEDULE 13G/A"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many First Majestic Silver (AG) shares does Van Eck Associates Corporation beneficially own?

Van Eck Associates Corporation beneficially owns 35,668,213 First Majestic Silver Corp ordinary shares. This position reflects shares over which Van Eck has sole voting and sole dispositive power, with no shared authority reported.

What percentage of First Majestic Silver (AG) does Van Eck Associates Corporation hold?

Van Eck Associates Corporation holds 7.2% of First Majestic Silver Corp’s outstanding ordinary shares. This percentage is based on 35,668,213 shares reported as beneficially owned with sole voting and dispositive power.

Does Van Eck Associates Corporation share voting power over First Majestic Silver (AG) shares?

No. The filing states Van Eck Associates Corporation has sole voting power over 35,668,213 shares and shared voting power over 0 shares, indicating all voting authority for this position is held solely by Van Eck.

Does Van Eck Associates Corporation share dispositive power over its First Majestic Silver (AG) holdings?

No. Van Eck Associates Corporation reports sole dispositive power over 35,668,213 shares and shared dispositive power over 0 shares. This means Van Eck alone directs how these shares may be disposed of.

Who is the reporting person in this Schedule 13G/A for First Majestic Silver (AG)?

The reporting person is Van Eck Associates Corporation, organized in Delaware. Its principal business office is at 666 Third Ave, 9th Floor, New York, NY 10017, as identified in the ownership disclosure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/14/2026 - 04:17 PM Accepted by SEC EDGAR 08/14/2026 - 04:08 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

First Majestic Silver Corp

(Name of Issuer)

First Majestic Silver Ord Shs

(Title of Class of Securities)

32076V103

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 32076V103

1

Names of Reporting Persons

Van Eck Associates Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 35,668,213.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 35,668,213.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

35,668,213.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: First Majestic Silver Corp
(b)	Address of issuer's principal executive offices: 1800 - 925 West Georgia Street, Vancouver, CA-BC, V6C 3L2, CA
Item 2.
(a)	Name of person filing: Van Eck Associates Corporation
(b)	Address or principal business office or, if none, residence: 666 Third Ave, 9th Floor, New York, 10017, NY, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: First Majestic Silver Ord Shs
(e)	CUSIP No.: 32076V103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 35,668,213
(b)	Percent of class: 7.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 35,668,213
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 35,668,213
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Van Eck Associates Corporation

Signature:	Ashley Sousa
Name/Title:	AVP - Van Eck Associates Corporation
Date:	08/13/2026