MAG Silver Corp. held its Annual General and Special Meeting (AGSM) on June 18, 2025, where shareholders approved several key motions. All eight director nominees were successfully elected with strong approval ratings ranging from 93.45% to 99.51%. Shareholders also approved the reappointment of Deloitte LLP as auditors with 90.45% support, endorsed the company's executive compensation approach with 98.28% approval, and confirmed the Shareholder Rights Plan Agreement with 97.46% in favor. The company also announced the retirement of Peter Barnes, who served as Chair of the Board for 13 years, with CEO George Paspalas acknowledging his significant contributions to MAG.
MAG Silver Corp. ha tenuto la sua Assemblea Generale Annuale e Straordinaria (AGSM) il 18 giugno 2025, durante la quale gli azionisti hanno approvato diverse mozioni importanti. Tutti e otto i candidati al consiglio di amministrazione sono stati eletti con un forte consenso, oscillante tra il 93,45% e il 99,51%. Gli azionisti hanno inoltre approvato la rinnovata nomina di Deloitte LLP come revisore dei conti con il 90,45% di voti favorevoli, sostenuto l'approccio della società alla remunerazione degli executive con il 98,28% di approvazione e confermato l'Accordo sul Piano dei Diritti degli Azionisti con il 97,46% di voti a favore. L'azienda ha inoltre annunciato il pensionamento di Peter Barnes, che ha ricoperto il ruolo di Presidente del Consiglio per 13 anni, con il CEO George Paspalas che ha riconosciuto il suo significativo contributo a MAG.
MAG Silver Corp. celebró su Junta General Anual y Extraordinaria (AGSM) el 18 de junio de 2025, donde los accionistas aprobaron varias mociones clave. Los ocho candidatos a directores fueron elegidos con fuertes índices de aprobación que oscilaron entre el 93,45% y el 99,51%. Los accionistas también aprobaron la reelección de Deloitte LLP como auditores con un 90,45% de apoyo, respaldaron el enfoque de compensación ejecutiva de la compañía con un 98,28% de aprobación y confirmaron el Acuerdo del Plan de Derechos de los Accionistas con un 97,46% a favor. La empresa también anunció la jubilación de Peter Barnes, quien fue presidente del consejo durante 13 años, y el CEO George Paspalas reconoció sus importantes contribuciones a MAG.
MAG Silver Corp.� 2025� 6� 18� 연례 � 특별 주주총회(AGSM)� 개최하여 주주들이 여러 주요 안건� 승인했습니다. 8명의 이사 후보 전원� 93.45%에서 99.51%� 이르� 높은 찬성률로 성공적으� 선출되었습니�. 주주들은 또한 Deloitte LLP� 감사 재임� 90.45%� 지지� 승인했으�, 회사� 경영� 보상 방안� 98.28%� 찬성으로 지지했으�, 주주 권리 계획 협약� 97.46%� 찬성으로 확정했습니다. 회사� 또한 13년간 이사� 의장� 맡았� 피터 반즈� 은퇴를 발표했으�, CEO 조지 파스팔라스는 그의 MAG� 대� 중요� 기여� 인정했습니다.
MAG Silver Corp. a tenu son Assemblée Générale Annuelle et Extraordinaire (AGSM) le 18 juin 2025, au cours de laquelle les actionnaires ont approuvé plusieurs résolutions clés. Les huit candidats au conseil d'administration ont été élus avec des taux d'approbation élevés, allant de 93,45 % à 99,51 %. Les actionnaires ont également approuvé la reconduction de Deloitte LLP en tant qu'auditeurs avec un soutien de 90,45 %, ont validé la politique de rémunération des dirigeants de la société avec 98,28 % d'approbation, et ont confirmé l'Accord sur le Plan des Droits des Actionnaires avec 97,46 % de votes favorables. La société a également annoncé la retraite de Peter Barnes, qui a été président du conseil d'administration pendant 13 ans, le PDG George Paspalas soulignant ses contributions significatives à MAG.
MAG Silver Corp. hielt am 18. Juni 2025 seine jährliche Haupt- und Sonderversammlung (AGSM) ab, bei der die Aktionäre mehrere wichtige Beschlüsse genehmigten. Alle acht vorgeschlagenen Direktoren wurden mit starken Zustimmungsraten zwischen 93,45 % und 99,51 % erfolgreich gewählt. Die Aktionäre stimmten außerdem der Wiederbestellung von Deloitte LLP als Wirtschaftsprüfer mit 90,45 % Zustimmung zu, unterstützten den Vergütungsansatz des Unternehmens für Führungskräfte mit 98,28 % und bestätigten die Aktionärsrechtsvereinbarung mit 97,46 % Zustimmung. Das Unternehmen gab außerdem den Rücktritt von Peter Barnes bekannt, der 13 Jahre lang Vorsitzender des Vorstands war, wobei CEO George Paspalas seine bedeutenden Beiträge zu MAG würdigte.
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VANCOUVER, British Columbia, June 18, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG� or “MAG Silver�) reports that at its Annual General and Special Meeting (the �AGSM�) held on June 18, 2025, MAG’s shareholders (the �Shareholders�) approved by majority: to elect all eight directors standing for election, to re-appoint Deloitte LLP as auditors of the Company, to support the Company’s approach to executive compensation, and to approve the reconfirmation of the Shareholder Rights Plan Agreement.
Detailed results of the total shares voted at the AGSM are set out below.
Motions:
Nominees
Total Votes Cast
Total Votes For
Total Votes Withheld
% For
% Withheld
John Armstrong
76,498,772
65,999,245
325,220
99.51
0.49
Tim Baker
76,498,772
65,973,588
350,877
99.47
0.53
Jill Leversage
76,498,772
61,978,987
4,345,478
93.45
6.55
Selma Lussenburg
76,498,772
65,504,240
820,225
98.76
1.24
Susan Mathieu
76,498,772
65,916,282
408,183
99.38
0.62
Dale Peniuk
76,498,772
65,927,621
396,844
99.40
0.60
Tom Peregoodoff
76,498,772
65,962,636
361,829
99.45
0.55
George Paspalas
76,498,772
65,956,606
367,859
99.45
0.55
Total Votes Cast
Total Votes For
Total Votes Withheld
% For
% Withheld
Appointment of Auditors
76,498,772
69,194,251
7,304,521
90.45
9.55
Total Votes Cast
Total Votes For
Total Votes Against
% For
% Against
Say on Pay
76,498,772
65,185,059
1,139,406
98.28
1.72
Total Votes Cast
Total Votes For
Total Votes Against
% For
% Against
Reconfirmation of the Shareholder Rights Plan Agreement
76,498,772
64,642,220
1,682,245
97.46
2.54
“On behalf of the Board, management and staff, I would like to thank outgoing Chair of the Board, Peter Barnes, for his 13 years of commitment and service to the Company,� said George Paspalas, President and CEO of MAG. “Peter’s contribution to MAG has been immense, he has been a great mentor for a number of us, and he will be missed. We wish him all the best in his retirement.�
About MAG Silver Corp. ()
MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG is emerging as a top-tier primary silver mining company through its (44%) joint venture interest in the 4,000 tonnes per day Juanicipio Mine, operated by Fresnillo plc (56%). The mine is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where in addition to underground mine production and processing of high-grade mineralised material, an expanded exploration program is in place targeting multiple highly prospective targets. MAG is also executing multi-phase exploration programs at the 100% earn-in Deer Trail Project in Utah and the 100% owned Larder Project, located in the historically prolific Abitibi region of Canada.
Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management.
This release includes certain statements that may be deemed to be “forward-looking statements� within the meaning of the US Private Securities Litigation Reform Act of 1995 or “forward-looking information� within the meaning of applicable Canadian securities legislation (collectively, �forward-looking statements�). All statements in this release, other than statements of historical facts are forward looking statements, including statements that relate to the Company’s approach to executive compensation. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. AlthoughMAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements identified herein include, but are not limited to, a subsequent change in the Company’s approach to executive compensation from that approach approved by Shareholders, changes in applicable laws, continued availability of capital and financing, and general economic, market or business conditions, political risk, currency risk and capital cost inflation.In addition, forward-looking statements are subject to various risks, including those risks disclosed in MAG Silver’s filings with the Securities Exchange Commission (the �SEC�) and Canadian securities regulators. All forward-looking statements contained herein are made as at the date hereof and MAG Silver undertakes no obligation to update the forward-looking statements contained herein. There is no certainty that any forward-looking statement will come to pass, and investors should not place undue reliance upon forward-looking statements.
Please Note: Investors are urged to consider closely the disclosures inMAG's annual and quarterlyreports and other public filings, accessible through the Internetatand.
For further information on behalf of MAG Silver Corp.
Contact Fausto Di Trapani, Chief Financial Officer
Phone: (604) 630-1399
Toll Free: (866) 630-1399
Website: www.magsilver.com
Email: [email protected]
FAQ
What were the key decisions made at MAG Silver's 2025 AGSM?
At MAG Silver's 2025 AGSM, shareholders approved the election of eight directors, reappointed Deloitte LLP as auditors, supported executive compensation approach, and approved the Shareholder Rights Plan Agreement.
Who is retiring from MAG Silver's Board of Directors in 2025?
Peter Barnes is retiring from MAG Silver's Board after serving as Chair for 13 years.
What was the shareholder approval rate for MAG Silver's Say on Pay vote in 2025?
MAG Silver's Say on Pay vote received 98.28% approval from shareholders at the 2025 AGSM.
Which director received the highest shareholder approval at MAG Silver's 2025 AGSM?
John Armstrong received the highest shareholder approval with 99.51% of votes in favor.
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