MAG Silver Corporation

Published : December 24th, 2015

MAG Silver Files Preliminary Base Shelf Prospectus

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MAG Silver Files Preliminary Base Shelf Prospectus

December 23, 2015
MAG Silver Files Preliminary Base Shelf Prospectus
VANCOUVER, British Columbia MAG Silver Corp. (TSX: MAG; NYSE MKT: MVG) ('MAG' or the 'Company'), today announced that it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec. The base shelf prospectus will allow MAG to offer up to US$75,000,000 of common shares, preferred shares, debt securities, subscription receipts, units and warrants from time to time over a 25-month period after Canadian securities regulatory authorities have issued a receipt for the final short form base shelf prospectus.

A corresponding shelf registration statement on Form F-10 will be filed with the U.S. Securities and Exchange Commission (the 'SEC') under the U.S. Securities Act of 1933, as amended, and the U.S./Canada Multijurisdictional Disclosure System at the time of filing of the final short form base shelf prospectus. No securities may be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

A copy of the preliminary short form base shelf prospectus can be found on SEDAR at www.sedar.com.

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

MAG Silver Corp. (TSX: MAG: NYSE MKT: MVG) is focused on advancing and exploring high grade district scale projects located within the Mexican Silver Belt. Our mission is to become one of the premier companies in the silver mining industry. Currently, we are developing the underground decline towards the high grade Valdecañas and Juanicipio silver veins in Zacatecas State, all within the joint venture between MAG Silver (44%) and Fresnillo PLC (56%). In addition, MAG is conducting ongoing exploration at the Juanicipio project, the Salamandra property earn-in, and Guigui while concurrently working to regain surface access to our 100% owned Cinco de Mayo property in Chihuahua State.

For further information contact:

Michael J. Curlook, VP Investor Relations and Communications
MAG Silver Corp.
800 West Pender Street, Suite 770
Vancouver, BC V6C 2V6
(604) 630-1399
[email protected]
www.magsilver.com

Regarding Forward-Looking Statements

This News Release contains 'forward-looking information' and 'forward looking statements' within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words 'anticipates,' 'believes,' 'may,' 'continues,' 'estimates,' 'expects,' and 'will' and words of similar import, constitute 'forward-looking statements' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, the future price of silver, gold, lead and zinc, the estimation of mineral resources, preliminary economic estimates relating to the Juanicipio Project, estimates of the time and amount of future silver, gold, lead and zinc production for specific operations, estimated future exploration and development expenditures and other expenses for specific operations, permitting timelines, the Company's expectations regarding impairments of mineral properties, the Company's expectations regarding its negotiations with the Ejido to obtain surface access to the Cinco de Mayo Property; the anticipated timing of a formal 'production decision' at Minera Juanicipio; the Company's expectations regarding the sufficiency of its capital resources and requirements for additional capital, litigation risks, currency fluctuations, environmental risks and reclamation cost, and changes to governmental laws and regulations. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, assumptions or future events of performance (often but not always using words or phrases such as 'anticipate', 'believe', 'estimate', 'expect', 'intend', 'plan', 'strategy', 'goals', 'objectives', 'project', 'potential' or variations thereof or stating that certain actions, events, or results 'may', 'could', 'would', 'might' or 'will' be taken, occur, or be achieved, or the negative of any of these terms and similar expressions), as they relate to the Company or management, are intended to identify forward-looking statements and information. Such statements reflect the Company's current views with respect to future events and are subject to certain known and unknown risks, uncertainties and assumptions.

Many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements and information, including, among others, the ability of the Company to successfully close a financing pursuant to the base shelf prospectus or shelf registration statement and those risks identified in MAG's preliminary base shelf prospectus dated December 23, 2015 filed on SEDAR at www.sedar.com. Forward-looking information is based on the expectations and opinions of MAG's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. Neither the TSX nor the NYSE has approved or disapproved of the information contained herein.

You can view the Previous News Releases item: Tue Dec 15, 2015, MAG Silver Reports New Gold and Additional Zinc Mineralization at Salamandra

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

MAG Silver Corporation

EXPLORATION STAGE
CODE : MAG.TO
ISIN : CA55903Q1046
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MAG Silver is a silver development stage company based in Canada.

MAG Silver holds various exploration projects in Mexico.

Its main exploration properties are GUIGUI, SELLO, LAGARTOS, BATOPILLAS, NUEVO MUNDO, SIERRA RAMIREZ, CINCO DE MAYO and JUANICIPIO in Mexico.

MAG Silver is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.4 billions as of today (US$ 1.1 billions, € 959.3 millions).

Its stock quote reached its lowest recent point on August 13, 2004 at CA$ 0.54, and its highest recent level on August 17, 2022 at CA$ 16.96.

MAG Silver has 80 760 000 shares outstanding.

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In the News and Medias of MAG Silver Corporation
4/2/2006Follow up N° 2
Annual reports of MAG Silver Corporation
2011 Annual Results
Reports 2009 Annual Results
Financings of MAG Silver Corporation
2/23/2016Announces US$65 Million Bought Deal Financing
Nominations of MAG Silver Corporation
6/20/2013Appoints George Paspalas as President and CEO
Financials of MAG Silver Corporation
5/12/2016Reports First Quarter Financial Results
8/14/2015Reports Second Quarter Financial Results
11/14/2013Reports Third Quarter Financial Results
8/15/2013Reports Second Quarter Financial Results
5/15/2013Reports First Quarter Financial Results
8/14/2012Reports Second Quarter Financial Results
5/15/2012Reports First Quarter Financial Results
8/15/2011Reports Second Quarter Financial Results
4/1/2011MAG Silver Reports 2010 Annual Results
5/17/2010Reports First Quarter Financial Results
11/16/2009Reports Third Quarter Financial Results
8/15/2009Reports Second Quarter Financial Results
5/16/2009 Reports First Quarter Financial Results
8/14/2008REPORTS SECOND QUARTER FINANCIAL RESULTS
Project news of MAG Silver Corporation
2/17/2014Development & Exploration Update
5/28/2013Options Salamandra Project From Canasil
7/18/2012(Cinco De Mayo)Drills 61.6 Metre Silver, Gold, Zinc, Lead, Copper Massive S...
3/22/2012(Cinco De Mayo)Intercepts More Silver / Lead / Zinc Sulphides in "Bridge Zo...
12/19/2011(Juanicipio)Announces Additional Silver and Gold in Updated Juanicipio R...
11/28/2011(Cinco De Mayo)Announces Seven New Silver/Lead/Zinc Sulphide Intercepts at ...
9/2/2011(Juanicipio)Confirms New Structure in Drilling at Juanicipio
7/22/2011(Juanicipio)Provides Update on Juanicipio Joint Venture
3/29/2011(Cinco De Mayo)Announces Silver-Zinc-Lead Sulphide Veins Near Skarn at Cinc...
2/28/2011(Juanicipio)Announces High-Grade Juanicipio Vein Intercept
1/19/2010Discovers Veta Grande Vein Extension & Cuts High-Grade Silve...
1/8/2010(Cinco De Mayo)Extends Molybdenum-Gold Zone at Cinco De Mayo
11/10/2009(Cinco De Mayo)Expands High-Grade Molybdenum and Adds Significant Gold at C...
9/23/2009(Cinco De Mayo) Discovers High Grade Molybdenum With Gold at Cinco De Mayo
9/14/2009(Juanicipio)MAG Silver Reports on Juanicipio Scoping Study-Valdecanas "S...
7/10/2009(Juanicipio)Reports on the Juanicipio Joint Venture
2/24/2009(Juanicipio)Reports First Indicated Resource at Valdecanas, Juanicipio J...
1/8/2009(Juanicipio)Reports Discovery of New High Grade Encino Vein at Juanicipi...
12/10/2008(Cinco De Mayo)INTERSECTS MORE HIGH GRADE SILVER / LEAD / ZINC MINERALIZAT...
9/18/2008(Cinco De Mayo)Expands Silver / Lead / Zinc Mineralization At Cinco De Mayo
7/28/2008(Juanicipio)Reports High Grade Silver on East End of Valdeca=F1as Vein
7/16/2008(Juanicipio)Reports Deep Intersection of High Grade Silveron Valdeca=F1a...
7/8/2008(Cinco De Mayo)Expands "Jose Manto" At Cinco De Mayo With New High Grade Si...
Corporate news of MAG Silver Corporation
8/19/2016Research Reports Initiated on Silver Stocks Excellon Resourc...
6/16/2016MAG Reports NYSE MKT Ticker Change and AGSM Results
5/13/2016MAG Silver Adopts New Shareholder Rights Plan to Replace Exi...
5/12/2016MAG Silver Reports First Quarter Financial Results
5/6/2016Primary Capital Retained By RMB Australia Holdings Limited
3/30/2016MAG Silver Reports 2015 Annual Results
12/24/2015MAG Silver Files Preliminary Base Shelf Prospectus
12/23/2015MAG Silver Files Preliminary Base Shelf Prospectus
12/15/2015MAG Silver Reports New Gold and Additional Zinc Mineralizati...
10/15/2015MAG Silver (MVG) in Focus: Stock Moves 6.4% Higher
8/14/2015MAG Silver Reports Second Quarter Financial Results
8/14/2015Mag Silver reports 2Q loss
4/23/2015Widest Intercepts to Date Extend High-Grade Valdecañas Vein ...
4/23/2015IIROC Trade Resumption - MAG
4/23/2015MAG Silver Corp.: Widest Intercepts to Date Extend High-Grad...
4/23/2015IIROC Trading Halt - MAG
3/30/2015MAG Silver Reports 2014 Annual Results
6/27/2014Canada Stocks to Watch: Encana, First Quantum, Descartes and...
10/28/2013(Juanicipio)Announces Start of Juanicipio Underground Development
10/15/2013Welcomes George Paspalas as President, CEO and Director
6/19/2013Reports Voting Results from Its Annual General and Special M...
4/1/2013Reports 2012 Annual Results and Personnel Changes
10/5/2012Reports Results of the Annual General and Special Meeting of...
10/3/2012(Cinco De Mayo)Reports Initial Mineral Resource Estimate at Cinco de Mayo
9/5/2012Closes C$33.1 Million Private Placement
8/24/2012Announces Meeting and Record Date and Approval of Advance No...
8/22/2012Announces Approximately C$25 Million Private Placement
6/14/2012(Juanicipio)Reports Juanicipio Updated PEA Study Prepared by AMC
2/22/2012Announces Silver/Lead/Zinc Intercepts at La Esperanza
1/23/2012(Juanicipio)Plans Increased Exploration at Juanicipio and Cinco De Mayo
9/16/2011Reports Results of the Annual General and Special Meeting of...
5/12/2011MAG Provides Update on Favourable ICC Arbitration Decision a...
5/12/2011Provides Update on Favourable ICC Arbitration Decision and C...
5/5/2011Reports on Favourable ICC Arbitration Decision
12/1/2010MAG Silver Announces Juanicipio Resource Estimation and Expl...
4/19/2010Gold & Molybdenum Assay Results From On-Going Drilling
1/25/2010Globe & MAIL - Bullish on MAG Silver
7/15/2009Options San Ramone Property, Zacatecas
6/23/2009Responds to Fresnillo Decision to Withdraw "Take-Under" Bid
6/5/2009Provides Exploration Update for Salemex and Four Other Mexic...
5/20/2009 Reports Excellent Metallurgical Recoveries
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TORONTO (MAG.TO)AMEX (MVG)
16.96-4.40%15.01-1.44%
TORONTO
CA$ 16.96
08/17 17:00 -0.780
-4.4%
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Volume 1 month var.
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