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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.
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Detailed results of the total shares voted at the AGSM are set out below.
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| 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 |
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| 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 |
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“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.”
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About MAG Silver Corp. (www.magsilver.com)
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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.
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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.
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