(NYSE:PAAS) VANCOUVER, British Columbia, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) ("Pan American" or the "Company") and MAG Silver Corp. (NYSE American: MAG) (TSX: MAG) ("MAG") are pleased to announce that Pan American has completed its previously announced acquisition of all of the issued and outstanding common shares of MAG ("MAG Shares") pursuant to a plan of arrangement (the "Transaction"). The Transaction adds a 44% joint venture interest in the large-scale, high-grade Juanicipio silver mine in Zacatecas, Mexico, operated by Fresnillo plc (the "Juanicipio Mine"), along with 100% ownership of the Larder exploration project and a 100% earn-in interest in the Deer Trail exploration project. The Transaction further strengthens Pan American’s position as one of the world’s leading silver producers, enhances its industry-leading silver reserve base, and provides significant near-term cash flow growth and long-term exploration potential.
Related Questions
How will the acquisition impact Pan American Silver's near‑term earnings per share and cash‑flow guidance?
What financing terms and potential dilution resulted from the transaction, and how will they affect the company's balance sheet and credit metrics?
How does the addition of a 44% stake in Juanicipio and the new exploration assets improve PAAS’s reserve base and competitiveness versus other major silver producers?