Pan American Silver receives TSX approval for normal course issuer bid

Pan American Silver (PAAS) announced that the Toronto Stock Exchange, or TSX, has accepted the Company’s notice of its intention to renew its normal course issuer bid to purchase up to 21,090,323 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 28. Purchases pursuant to the Bid will be made on the open market through the facilities of the TSX and the NYSE and alternative trading systems in Canada and the United States. The period of the Bid will begin on March 6 and will continue until March 5, 2027, or an earlier date should the Company complete its purchases. Pan American will pay the market price at the time of acquisition of any common shares in accordance with the rules and policies of the TSX and NYSE and applicable securities laws. All common shares acquired by the Company under the Bid will be cancelled and purchases will be funded out of Pan American’s working capital.