MAG Silver - Hier geht's bald richtig ab! (Seite 6)

[Matthias 2]

MAG kauft zu

Please find the latest MAG Silver news release attached.

MAG Silver to Acquire Gatling Exploration


VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to announce that it has entered into a Definitive Arrangement Agreement (the “Definitive Agreement”) with Gatling Exploration Inc. (TSXV: GTR, OTCQB: GATGF) (“Gatling”) pursuant to which MAG will acquire all of the issued and outstanding common shares of Gatling (the “Transaction”) in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 (the “Exchange Ratio”) of a common share of MAG for each share of Gatling held (the “Consideration”).

The Consideration values Gatling at approximately C$0.40 per share, representing a premium of approximately 47.4% to Gatling shareholders, based on the 5-day volume weighted average price (VWAP) of each company as of the close of trading on March 10, 2022. Upon completion of the Transaction, it is expected that Gatling shareholders will hold approximately 0.79% of MAG shares on an outstanding basis.

Highlights of the Transaction:

Gatling is a Canadian gold exploration company focused on advancing the Larder Gold Project, located in the prolific Abitibi greenstone belt in Northern Ontario, Canada. The Larder project hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake. The project is 100% owned by Gatling and is comprised of patented and unpatented claims, leases and mining licenses of occupation within the McVittie and McGarry Townships. The 3,370 ha project area lies 7 kilometers west of the Kerr Addison Mine. All parts of the Larder property are readily accessible and MAG expects to engage the existing exploration team going forward.

“Gatling's Larder property gives us a substantial toe hold along this regionally productive gold-bearing structure where we believe more gold should be findable,” said George Paspalas, MAG Silver’s President and CEO. “We are very impressed with the geological abilities of the Gatling field team and look forward to applying some new takes on where mineralization occurs in Abitibi orogenic gold systems.”

Transaction Details

The Definitive Agreement for the Transaction includes customary provisions, including non-solicitation, right to match, and fiduciary out provisions, as well as certain representations, covenants and conditions which are customary for a transaction of this nature. The Definitive Agreement provides for a C$1.0 million termination fee payable by Gatling to MAG in certain circumstances or an expense reimbursement fee of C$600,000 payable by Gatling to MAG under certain circumstances. The Transaction is expected to be completed by way of a court-approved Plan of Arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) and will be subject to shareholder approval at a meeting of Gatling securityholders. MAG and Gatling have also entered into a loan agreement pursuant to which MAG has agreed to provide Gatling with a C$3 million secured convertible bridge loan to finance Gatling’s accounts payable and operating expenses, with all such payments subject to the prior approval of MAG.

The Definitive Agreement also includes a condition to closing that certain consultants of Gatling who are entitled to receive change of control payments in connection with the Transaction agree to amend such payments, including to permit payment of such amounts in MAG shares (the “Compensation Amendments”). The issuance of MAG shares pursuant to the Compensation Amendments will be subject approval of the TSX. Closing of the Transaction is subject to the receipt of applicable regulatory approvals, including approval of the TSX, and the satisfaction of certain other closing conditions customary in transactions of this nature and is anticipated to be completed by late May 2022.

It is anticipated that any securities to be issued under the Arrangement will be offered and issued in reliance upon the exemption from the registration requirements of the U.S. Securities Act of 1933 provided by Section 3(a)(10) thereof. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities.

Board of Director’s Recommendation and Voting Support

The Arrangement has been unanimously approved by the board of directors of both MAG and Gatling. Directors and officers of Gatling along with Gatling’s largest shareholder, Sprott Asset Management LP, holding in the aggregate 15.19% of the outstanding Gatling shares, have each entered into customary voting and support agreements to, amongst other things, vote in favour of the Arrangement at the special meeting of Gatling securityholders to be held to consider the Transaction.

About MAG Silver Corp. (www.magsilver.com )

MAG Silver Corp. is a Canadian development and exploration company focused on becoming a top-tier primary precious metals mining company by exploring and advancing high-grade, district scale, silver-gold dominant projects in the Americas. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the operator. The Project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the operator is currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. Underground mine production of mineralized development material commenced in Q3 2020 and is being processed through adjacent Fresnillo-operated plants. An expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio. MAG is also executing a multi-phase exploration program at the Deer Trail 100% earn-in project in Utah.

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. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address our expectations with respect to any anticipated benefits of the Transaction, beliefs that there is more gold findable at the Larder property, new takes on the location of mineralization in Abitibi orogenic gold systems, the closing of the Transaction, the bridge loan, MAG’s ability to complete the proposed Transaction; Gatling and MAG’s ability to secure the necessary shareholder, securityholder, legal and regulatory approvals required to complete the Transaction, the timing of the Transaction, the timing and success of plant pre-commissioning and commissioning activities, processing rates of development materials, future mineral production, and events or developments. 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. Although MAG 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 forward-looking statements include, but are not limited to, impacts (both direct and indirect) of COVID-19, timing of receipt of required permits, changes in applicable laws, changes in commodities prices, changes in mineral production performance, exploitation and exploration successes, 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 that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. The reader is referred to the MAG Silver’s filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. 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 in MAG's annual and quarterly reports and other public filings, accessible through the Internet at www.sedar.com and www.sec.gov.




For further information on behalf of MAG Silver Corp.
Contact Michael J. Curlook, VP Investor Relations and Communications

Phone: [phone]
Toll Free: [phone]

Website: www.magsilver.com
Email: [e-mail]



If you would like to unsubscribe from this email list please click here.

Cheers!
Michael J. Curlook | MAG SILVER Corp
Vice President, Investor Relations & Communications
Tel [phone] | TF 866-630-1399 |
[e-mail] MAG: TSX / NYSE A

[newzealaender]

Brandneuer deutscher Newsflash mit MAG Silver: https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-kuy…

[Matthias 2]

Erfreuliche Zahlen zum 4. Quartal

MAG Silver Reports Fourth Quarter Production From Juanicipio

VANCOUVER, British Columbia, Jan. 26, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to report fourth quarter production of underground development and stope material from the Juanicipio Project (56% / 44% Fresnillo plc (“Fresnillo”) and MAG Silver, respectively). As reported to MAG by the project operator Fresnillo, 113,950 tonnes of mineralized material from both underground development and from initial stopes were processed during the three months ended December 31, 2021. The mineralized material processed in the quarter represents approximately 45% of all the tonnes processed for the year ended December 31, 2021. Total Juanicipio production for the quarter based on provisional estimates before offtake agreement adjustments totaled 1,632,000 silver ounces and 3,985 gold ounces (MAG’s attributable 44% interest: 718,080 silver ounces and 1,754 gold ounces). For the year ended December 31, 2021 a total of 251,907 tonnes of mineralized material were processed primarily from underground development, resulting in 3,200,000 silver ounces and 6,577 gold ounces (MAG’s attributable 44% interest: 1,408,000 silver ounces and 2,894 gold ounces). The associated lead and zinc production will be reported with MAG’s year end filings.

Until the Juanicipio processing plant is commissioned, mineralized material from Juanicipio is being processed through the nearby Fresnillo beneficiation plant (100% owned by Fresnillo), with the lead (silver rich) and zinc concentrates treated at market terms under off-take agreements with Met-Mex Peñoles, S.A. de C.V. in Torreón, Mexico. Included in 47,220 tonnes processed in December 2021 were 8,725 tonnes processed for the first time at Fresnillo’s Saucito beneficiation plant (also 100% owned by Fresnillo). The Saucito plant flowsheet better resembles that of the Juanicipio plant and will provide further valuable metallurgical benefits as production commences at Juanicipio. The revenue from the current production, net of processing and treatment charges, is being used by the Juanicipio shareholders to offset initial project capital cash requirements.

Construction of the Juanicipio plant was delivered by Fresnillo on schedule during the fourth quarter of 2021. However, as previously disclosed, the mill commissioning timeline was extended by approximately six months until tie-in approval to the national power grid is obtained (see Press Release December 27, 2021). Fresnillo, as operator, continues to engage closely with the authorities and is focusing on complying with new requirements to complete the tie-in to the national grid and do all that it can to expedite these necessary approvals. According to Fresnillo, commissioning of the Juanicipio processing plant is expected to commence in Q2-2022 as previously reported, with the expectation to ramp up the Juanicipio operations to 85-90% of capacity by year end.

“We are encouraged to see the increased throughput at the Fresnillo owned plants in the last quarter,” said George Paspalas, MAG Silver’s President and CEO. “The ability to utilize capacity at their plants when available to process Juanicipio material, helps us minimize any impact on this year’s cashflow while we await the electrical tie-in.”

Qualified Person: Dr. Peter Megaw, Ph.D., C.P.G., has acted as the Qualified Person as defined in National Instrument 43-101 for this disclosure and supervised the preparation of the technical information in this release. Dr. Megaw has a Ph.D. in geology and more than 38 years of relevant experience focused on ore deposit exploration worldwide. He is a Certified Professional Geologist (CPG 10227) by the American Institute of Professional Geologists and an Arizona Registered Geologist (ARG 21613). Dr. Megaw is not independent as he is Chief Exploration Officer and a Shareholder of MAG.

About MAG Silver Corp. (www.magsilver.com )

MAG Silver Corp. is a Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Its principal focus and asset is the Juanicipio Project (44%), being developed with Fresnillo Plc (56%), the operator. The Project is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where the operator is currently developing an underground mine and constructing a 4,000 tonnes per day processing plant. Underground mine production of mineralized development material commenced in Q3 2020, and an expanded exploration program is in place targeting multiple highly prospective targets at Juanicipio. MAG is also executing a multi-phase exploration program at the Deer Trail 100% earn-in project in Utah.

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. All statements in this release, other than statements of historical facts are forward looking statements, including statements that address our expectations with respect to the timing and success of plant pre-commissioning and commissioning activities, processing rates of development materials, future mineral production, and events or developments. 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. Although MAG 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 forward-looking statements include, but are not limited to, impacts (both direct and indirect) of COVID-19, timing of receipt of required permits, changes in applicable laws, changes in commodities prices, changes in mineral production performance, exploitation and exploration successes, 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 that data is incomplete and considerable additional work will be required to complete further evaluation, including but not limited to drilling, engineering and socio-economic studies and investment. The reader is referred to the MAG Silver’s filings with the SEC and Canadian securities regulators for disclosure regarding these and other risk factors. 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 in MAG's annual and quarterly reports and other public filings, accessible through the Internet at www.sedar.com and www.sec.gov.

LEI: 254900LGL904N7F3EL14




For further information on behalf of MAG Silver Corp.
Contact Michael J. Curlook, VP Investor Relations and Communications

Phone[phone]
Toll Free866) 630-1399

Website: www.magsilver.com
Email: [e-mail]


Cheers!
Michael J. Curlook | MAG SILVER Corp
Vice President, Investor Relations & Communications
Tel [phone] | TF 866-630-1399 |
[e-mail] MAG: TSX / NYSE A

[Matthias 2]

Antwort auf Beitrag Nr.: 70.327.988 von nicco_trader am 27.12.21 20:58:52

Bleibe wohl investiert, man scheint ja mit Fressnillo einen Deal zu haben, dass die Produktion in Fressnillos Anlagen verarbeitet wird und somit auch Kohle rein kommt. 5 Monate mehr oder weniger werde ich jetzt auch noch aushalten.

[nicco_trader]

Danke Matthias, das Risiko ist mir bei MAG zu hoch.

[Matthias 2]

Keine tolle Nachricht zum Jahresende...

https://www.finanznachrichten.de/nachrichten-2021-12/5484789…

[newzealaender]

Brandneuer deutschsprachiger Silber-Report mit vielen Infos zu MAG Silver: www.resource-capital.ch/de/reports/

[newzealaender]

Aktuelle Bergbaunachrichten mit MAG Silver: https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-kuy…

[nicco_trader]

Neuer Versuch, der aktuelle Preis liegt unter dem Preis der Kapitalerhöhung

BMO Resumes Coverage On MAG Silver Following US$46.0 Million Financing

"On November 29, MAG Silver (TSX: MAG) closed their US$46 million offering wherein the company issued 2.69 million shares, which included 15,700 shares to MAG insiders at US$17.15 per share. The company stated that they intend to use the proceeds of the offering, “to fund exploration on Juanicipio and its other projects including Deer Trail, and to fund certain sustaining capital requirements at the Juanicipio Project not included in the initial project capital estimates, and for working capital and general corporate purposes.”

MAG Silver currently has 10 analysts covering the stock with an average 12-month price target of C$28.83, or a 39% upside to the current stock price. Out of the 10 analysts, 7 have buy ratings and the other 3 have hold ratings. The street high sits at C$33.82 from Roth Capital while the lowest comes in at C$24.75.

On the 29th, BMO Capital Markets resumed their coverage on MAG Silver, reiterating their C$25 12-month price target and market perform rating. BMO says that this raise will help fund exploration and get Juanicipio across the finish line.


mehr
https://thedeepdive.ca/bmo-resumes-coverage-on-mag-silver-fo…

[newzealaender]

Aktuelle Bergbaunachrichten mit MAG Silver auf deutsch: https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-fio…