MAG Silver Announces Filing of Final Base Shelf Prospectus
VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) today announced that it has obtained a receipt for the final short form base shelf prospectus (the “Final Shelf Prospectus”) filed with the securities commissions in all of the provinces and territories of Canada.
- VANCOUVER, British Columbia, May 31, 2024 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) today announced that it has obtained a receipt for the final short form base shelf prospectus (the “Final Shelf Prospectus”) filed with the securities commissions in all of the provinces and territories of Canada.
- The Final Shelf Prospectus and Registration Statement will allow the Company to offer up to U.S.$250 million of common shares, preferred shares, debt securities, subscription receipts, units and warrants or any combination thereof (collectively, the “Securities”) during the 25-month period that the Final Shelf Prospectus remains effective.
- In order to maintain financial flexibility, and consistent with past practice, the Company has historically maintained a base shelf prospectus.
- The Company has no present intention to offer Securities pursuant to the Final Shelf Prospectus.