MAG Silver (MAG)

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Independent Proxy Advisory Firm ISS Recommends MAG Silver Corp. Shareholders Vote “FOR” the Plan of Arrangement With Pan American Silver Corp.
Globenewswire· 2025-06-19 21:33
Core Viewpoint - MAG Silver Corp. has received a recommendation from Institutional Shareholder Services Inc. (ISS) to vote in favor of the proposed arrangement with Pan American Silver Corp., which involves a total consideration of approximately $2.1 billion for MAG shareholders [2][6]. Arrangement Details - The arrangement entails that Pan American will acquire all issued and outstanding shares of MAG, with shareholders receiving approximately $20.54 per MAG share based on the closing price of Pan American's shares on May 9, 2025 [3][4]. - Shareholders can choose to receive the consideration in two forms: (i) $20.54 in cash per MAG share, or (ii) $0.0001 in cash and 0.755 Pan American shares per MAG share, with a total of $500 million in cash and the remainder in Pan American shares [4]. Meeting Information - A special meeting for shareholders to vote on the arrangement is scheduled for July 10, 2025, at 9:00 a.m. Vancouver time [4][8]. - The deadline for shareholders to cast their votes is July 8, 2025, at 9:00 a.m. Vancouver time [8]. ISS Recommendation - ISS's recommendation highlights that the arrangement offers "premium value to the unaffected date" and a favorable mix of cash and equity, marking the highest price for MAG shares since 2021 [6]. - The combined entity is expected to have a larger and more diversified asset portfolio, enhancing liquidity, scale, and market presence for shareholders [6]. Company Overview - MAG Silver Corp. is a Canadian mining and exploration company focused on high-grade precious metals projects in the Americas, with a significant interest in the Juanicipio Mine [9]. - The company is also engaged in exploration programs at the Deer Trail Project in Utah and the Larder Project in Canada [9].
Mag Silver Publishes Fourth Annual Sustainability Report
Globenewswire· 2025-06-19 10:50
VANCOUVER, British Columbia, June 19, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, “MAG Silver”, or the “Company”) is proud to release its fourth annual Sustainability Report, highlighting the Company’s ongoing commitment to transparency and accountability. The 2024 report provides a detailed overview of MAG’s environmental, social, and governance (“ESG”) priorities, practices and performance throughout the year. The 2024 Sustainability Report is supported by the MAG Silver C ...
MAG Reports AGSM Results
Globenewswire· 2025-06-18 21:06
VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) reports that at its Annual General and Special Meeting (the “AGSM”) held on June 18, 2025, MAG’s shareholders (the “Shareholders”) approved by majority: to elect all eight directors standing for election, to re-appoint Deloitte LLP as auditors of the Company, to support the Company’s approach to executive compensation, and to approve the reconfirmation of the Shareholder Rights ...
Will PAAS Unlock More Value Through Its MAG Silver Acquisition?
ZACKS· 2025-06-12 14:56
Key Takeaways PAAS will acquire MAG in a $2.1B deal to strengthen reserves and long-term silver production. Key asset Juanicipio is set to add 6.5-7.3 Moz to PAAS' 2025 output and lower silver segment AISC. Juanicipio adds 58 Moz to PAAS' reserves and is expected to drive $98M in FCF, rising 23% over three years.Pan American Silver Corp. (PAAS) is set to acquire MAG Silver Corp. (MAG) in a $2.1 billion deal aimed at boosting reserves, enhancing cash flows and further solidifying its position in the silve ...
MAG Silver Announces the Filing of Its Management Information Circular in Connection With Its Special Meeting to Approve Acquisition by Pan American
Globenewswire· 2025-06-10 05:41
Core Viewpoint - MAG Silver Corp. is proposing an acquisition by Pan American Silver Corp. for approximately $2.1 billion, with a special meeting scheduled for July 10, 2025, to seek shareholder approval for the arrangement [1][2]. Group 1: Acquisition Details - The arrangement involves Pan American acquiring all issued and outstanding MAG shares at a price of $20.54 per share, based on the closing price of Pan American's shares on May 9, 2025 [2]. - Shareholders will receive a mix of $500 million in cash and common shares of Pan American, with options for shareholders to choose between cash or a combination of cash and shares [7][9]. - The arrangement is subject to approval from shareholders, the Supreme Court of British Columbia, and regulatory clearances, with completion anticipated in the second half of 2025 [10][15]. Group 2: Board Recommendations and Benefits - The Board of Directors unanimously recommends that shareholders vote in favor of the arrangement, citing attractive immediate premiums of approximately 21% and 27% based on the closing price and 20-day VWAP of MAG shares [5][7]. - The arrangement offers shareholders diversified exposure to Pan American's portfolio of silver and gold mines, including potential growth opportunities from projects like the La Colorada Skarn and the reopening of the Escobal mine [8]. - The transaction is viewed as a derisking strategy, converting concentrated interests in the Juanicipio Mine into equity ownership of a larger, diversified silver producer [8]. Group 3: Shareholder Engagement and Voting - Shareholders of record as of June 2, 2025, are entitled to vote at the special meeting, with a proxy voting deadline set for July 8, 2025 [4]. - The meeting materials, which include important information regarding the arrangement, will be mailed to shareholders and are also available on the company's website [11]. - Shareholders are encouraged to contact Kingsdale Advisors for assistance with voting [12].
What Makes MAG Silver (MAG) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-06-06 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
MAG Silver (MAG) Is Up 5.44% in One Week: What You Should Know
ZACKS· 2025-05-21 17:06
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Pan American Silver: Strengthened By MAG Silver Acquisition
Seeking Alpha· 2025-05-17 14:02
Group 1 - The current market uncertainties have led to a shift towards safe-haven assets, particularly gold, which is traditionally viewed as a secure investment during turbulent times [1] - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors, emphasizing long-term value and strategic buying [1] - The investment philosophy of the company is based on disciplined research and a commitment to highlighting potential risks that may affect investment theses [1] Group 2 - The company aims to provide actionable investment ideas that are resilient over time, leveraging deep industry insights and rigorous analysis to uncover opportunities for strong returns [1]
MAG Silver (MAG) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-05-13 17:00
MAG Silver (MAG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...
Pan American Silver to acquire MAG Silver in $2.1B deal
Proactiveinvestors NA· 2025-05-12 17:29
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...