MAG Silver Corp. is pleased to announce that, as planned, development material from the Juanicipio Project and MAG) commenced processing at the Fresnillo beneficiation plant during the quarter ended September 30, 2020. As reported by the operator Fresnillo, 42,476 tonnes were processed during the quarter, with total production of 394 thousand [...]
MAG Silver Corp. announces an Agreement to consolidate and acquire 100% of the silver-rich Deer Trail Carbonate Replacement Deposit “CRD” project in Piute County, Utah . The Project includes 111 patented and 682 unpatented claims encompassing the historic Deer Trail Mine and the adjoining Alunite Ridge area. This is the first time since the early [...]
MAG Silver Corp. is pleased to announce that the US$50 million at-the-market equity program previously announced has been completed. Since June 30, 2020, MAG Silver sold and issued 3,092,783 common shares under the ATM Program at an average price of US$16.16 per share, for gross and net proceeds of US$50 million and US$48.625 million, respectively [...]
MAG Silver Corp. announces the Company’s unaudited financial results for the three and six months ended June 30, 2020. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2020, please see the Company’s filings on SEDAR or on EDGAR. All [...]
MAG Silver Corp. is pleased to announce it has entered into a sales agreement dated June 29, 2020 with Raymond James & Associates , Canaccord Genuity , BMO Capital Markets, H.C. Wainwright & Co., Roth Capital Partners and TD Securities pursuant to which MAG Silver may, at its discretion and from time-to-time during the term of the Sales Agreement [...]
MAG Silver Corp. is pleased to announce that Peter Barnes has been appointed as the Chair of the Board of MAG. Mr. Barnes first joined the board in late 2012 and has since chaired various Board Committees for MAG, including the Audit Committee and the Governance and Nomination Committee. He has extensive experience in the metals and mining [...]
MAG Silver Corp. reports that at its annual general and special meeting held on June 18, 2020, MAG’s Shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint Deloitte LLP as the Company’s auditor; to continue the Company’s Stock Option and Share Unit Plans; to [...]
MAG Silver announces that, pursuant to a transaction among Reyna Silver Corp., Reyna Silver Mining Inc. and a wholly owned subsidiary of the Issuer, MAG has acquired, in exchange for its existing preferred shares of the Target and for no additional consideration, 14,556,706 common shares of the Issuer together with certain contractual rights of [...]
MAG Silver Corp. announces the Company’s unaudited financial results for the three months ended March 31, 2020. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2020, please see the Company’s filings on SEDAR or on EDGAR. All amounts herein [...]
MAG Silver Corp. MAG is pleased to report that it has completed its previously announced non-brokered private placement offering of 4,528,302 common shares of MAG to Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by him, at a price of C$13.25 per Common Share for gross proceeds of C$60,000,002 . MAG intends to [...]
MAG Silver Corp. MAG is pleased to announce that it has arranged a non-brokered private placement with Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially controlled by him, offering 4,528,302 common shares of MAG at a price of C$13.25 per Common Share for gross proceeds of C$60,000,002 . MAG intends to use the net proceeds of [...]
MAG Silver Corp. MAG Silver reports that the Federal Government of Mexico has issued an administrative order for the temporary suspension of all “non-essential activities” until May 30, 2020 as part of its nationwide effort to slow the spread of the virus. The Juanicipio Project operator, Fresnillo plc , has communicated to MAG that they have been [...]