SILVERCREST SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of SilverCrest Mines Inc. (SVLC) Over the Pr...

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of SilverCrest Mines Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of SilverCrest Mines Inc. (“SilverCrest” or the “Company”) (NYSE MKT:SVLC) for potential breaches of fiduciary duties in connection with the sale of the Company to First Majestic Silver Corp. for approximately $117.25 million in a cash and stock transaction .

The Company’s stockholders will only receive 0.2769 common shares of First Majestic plus C$0.0001 in cash for each Company common share held, approximately $0.92. However, the offer represents a negative premium compared to the opening price of $0.93 on August 11, 2015 and is well below low analyst price targets of $1.44.

Click here for more information: www.faruqilaw.com/SVLC. There is no cost or obligation to you.

The investigation focuses on whether SilverCrest’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of SilverCrest’s shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in SilverCrest and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/SVLC or contact Juan E. Monteverde, Esq. either via e-mail at [e-mail] or by telephone at [phone] or [phone].

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