Mag Silver Announces Filing of Preliminary Base Shelf
From GlobeNewswire: 2024-05-14 15:40:32
MAG Silver Corp. announced the filing of a preliminary short form base shelf prospectus in Canada and a corresponding registration statement on Form F-10 in the US. The company will be allowed to offer up to U.S.$250 million of Securities during a 25-month period. Specific terms of offerings will be detailed in a shelf prospectus supplement based on market conditions. Securities may be offered separately or together. No sales can occur until a receipt for the Final Shelf Prospectus is issued and the Registration Statement is filed with the SEC. The Preliminary Shelf Prospectus is available from the company and SEDAR+.
MAG Silver Corp is a Canadian exploration company focused on high-grade precious metals projects. It holds a (44%) joint venture interest in the Juanicipio Mine in Mexico and has exploration programs in Utah and Canada. The company emphasizes that forward-looking statements in their press release are not guarantees of future performance and actual results may differ due to various risks and factors. Investors are advised to review the company’s filings on SEDAR+ and SEC websites for more detailed information. The LEI number for MAG Silver Corp is 254900LGL904N7F3EL14.
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