MAG Announces Election Deadline for Arrangement with Pan American

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

VANCOUVER, British Columbia, Aug. 18, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces today that, other than Mexican competition approval (“COFECE Approval”), all required key approvals and authorizations to consummate the Arrangement have been obtained, including the approval of MAG shareholders, the final order of the Supreme Court of British Columbia, Canadian competition approval, and the conditional approval of the Toronto Stock Exchange and the New York Stock Exchange. As such, registered holders of common shares of the Company (“MAG Shares”) must indicate their election by no later than 2:00 p.m. (Vancouver time) on August 27, 2025 (the “Election Deadline”), to receive either:

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