PAAS Strengthens Portfolio With MAG Silver Buyout Completion

Key Takeaways PAAS completed its acquisition of MAG Silver, boosting its silver reserves and production base.The deal gives PAAS 44% of the Juanicipio mine, expected to yield up to 16.7M ounces in 2025.MAG shareholders received $500M in cash and 60.2M PAAS shares, now owning 14.3% of the company.Pan American Silver Corp. (PAAS) announced that it completed its previously stated acquisition of MAG Silver Corp. (MAG) . This move boosts Pan American’s position as one of the leading silver producers globally and ...