MAG Announces Preliminary Results of Election by Shareholders Regarding Form of Consideration

All amounts expressed in U.S. dollars unless otherwise indicated.

VANCOUVER, British Columbia, Aug. 28, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces today that the preliminary results of the elections made by MAG shareholders of record regarding the form of consideration they wish to receive in connection with the previously announced plan of arrangement (the “Arrangement”) whereby Pan American Silver Corp. (“Pan American”) will acquire all of the issued and outstanding common shares of the Company (“MAG Shares”). As previously announced, the deadline to have made such an election was 2:00 p.m. (Vancouver time) on August 27, 2025 (the “Election Deadline”).

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