Mag Silver Stock Price, News & Analysis

MAG Silver Corp. (TSX/NYSE: MAG) has announced preliminary election results regarding shareholder preferences for consideration in its upcoming acquisition by Pan American Silver Corp. The transaction, expected to close around September 4, 2025, offers shareholders two options: $20.54 in cash per share or $0.0001 cash plus 0.755 Pan American shares per MAG share.

Preliminary results show that 1.71% of shareholders elected cash consideration, 30.55% chose share consideration, and 67.74% made no election (defaulting to share consideration). The total cash consideration is capped at $500 million, with remaining consideration paid in Pan American shares. All required approvals have been obtained, including Mexican and Canadian competition approval, MAG shareholder approval, and court orders.

Following the completion, MAG shares will be delisted from TSX and NYSE American.

Pan American Silver (NYSE: PAAS) has received approval from Mexico's Federal Economic Competition Commission (COFECE) for its acquisition of MAG Silver Corp. (NYSE American: MAG). The transaction is set to complete on September 4, 2025.

MAG shareholders can choose between $20.54 in cash per share or the default option of $0.0001 cash plus 0.755 Pan American shares per MAG share. The total deal includes $500 million in cash with remaining consideration in Pan American shares. The election deadline for registered MAG shareholders is August 27, 2025, at 2:00 p.m. Vancouver time.

MAG Silver Corp. (TSX/NYSE: MAG) has announced key details regarding the election deadline for its pending arrangement with Pan American Silver Corp. Shareholders must elect by August 27, 2025, at 2:00 p.m. Vancouver time to receive either $20.54 in cash per share or 0.755 Pan American shares plus $0.0001 in cash per MAG share.

The transaction has received most required approvals, including shareholder approval and court order, pending only Mexican competition approval. The total deal includes $500 million in cash consideration, with the remainder in Pan American shares, subject to proration. The arrangement is expected to complete in Q3 2025, after which MAG shares will be delisted from TSX and NYSE American.

MAG Silver (TSX/NYSE: MAG) reported strong Q2 2025 financial results, highlighted by record net income of $33.4 million ($0.32 per share) and adjusted EBITDA of $56.4 million. The company announced a significant transaction with Pan American Silver to acquire all MAG shares, offering shareholders either $20.54 in cash per share or a combination of cash and Pan American shares.

Operationally, Juanicipio processed 342,515 tonnes of ore with a silver head grade of 417 g/t and achieved record-low cash costs of negative $3.90 per silver ounce. The company declared its third dividend of $0.144 per share, payable September 1, 2025. MAG received $61.5 million from Juanicipio in April 2025, including a second dividend payment and loan repayments.

MAG Silver Corp. (TSX/NYSE American: MAG) has announced its third dividend payment, consisting of a fixed dividend of $0.02 per share and an additional cash flow-linked dividend of $0.124 per share, totaling $0.144 per share.

The dividend is payable on September 1, 2025, to shareholders of record as of August 18, 2025. The cash flow-linked portion represents approximately 30% of the $40.9 million free cash flow generated by Juanicipio attributable to MAG. The company's CEO George Paspalas highlighted that strong operational execution and cost performance at Juanicipio are driving robust cash flow.

MAG Silver (NYSE: MAG) has reported Q2 2025 production results from its 56%-owned Juanicipio mine. The operation processed 343,000 tonnes of ore, maintaining nameplate capacity of 4,000 tonnes per day. Q2 production reached 4.3 million ounces of silver and 10,465 ounces of gold, with strong silver head grades of 417 g/t.

First half 2025 production totaled 8.8 million ounces of silver and 20,663 ounces of gold, positioning the company to meet full-year guidance. Lead and zinc production showed significant improvements, increasing 9.2% and 21.4% quarter-over-quarter respectively.

Tragically, the company reported a fatal incident at Juanicipio in July, prompting a full investigation and renewed focus on safety protocols.

MAG Silver (NYSE: MAG) shareholders have overwhelmingly approved the proposed acquisition by Pan American Silver (NYSE: PAAS) with 99.52% of votes in favor. The meeting saw participation from 59.03% of total outstanding shares.

Under the arrangement, MAG shareholders can choose between $20.54 in cash per share or 0.755 Pan American shares plus $0.0001 in cash per MAG share. The total deal includes $500 million in cash with remaining consideration in Pan American shares.

The transaction awaits final court approval on July 14, 2025, and Mexican competition authorization. The deal is expected to close in the second half of 2025, after which MAG shares will be delisted from TSX and NYSE American.

MAG Silver (NYSE American: MAG) is reminding shareholders to vote on the proposed arrangement with Pan American Silver at the upcoming special meeting scheduled for July 10, 2025. The meeting will take place at 9:00 a.m. Vancouver time at 1133 Melville Street.

Shareholders must submit their votes before the proxy deadline of July 8, 2025 at 9:00 a.m. (Vancouver time). The Board of Directors and leading proxy advisory firms, including ISS and Glass Lewis, recommend voting FOR the arrangement. Kingsdale Advisors is available to assist shareholders with voting through toll-free phone lines and email.

MAG Silver Corp. has released its fourth annual Sustainability Report for 2024, showcasing significant progress in ESG initiatives. Key achievements include a three-year decline in safety incidents at Juanicipio, with over 102,000 hours dedicated to safety training across sites. The company reported zero significant environmental incidents at its Juanicipio Mine, Deer Trail Project, and Larder Project. Notable governance achievements include 38% female board representation, exceeding their 30% diversity target. The company developed a human rights due diligence assessment tool and maintained positive social license at the Larder Project. The report demonstrates MAG's commitment to environmental stewardship, safety, and long-term stakeholder value.