Pan American Silver (PAAS) and MAG Silver (MAG) are pleased to announce that Pan American has completed its previously announced acquisition of all of the issued and outstanding common shares of MAG pursuant to a plan of arrangement. The MAG Shares are expected to be delisted from the Toronto Stock Exchange as of the closing of the market September 8, 2025, and to cease trading on the NYSE American as of the opening of the market on September 4, 2025. Pan American is in the process of applying for MAG to cease to be a reporting issuer under applicable Canadian securities laws and to otherwise terminate MAG’s public reporting requirements.
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