MAG Silver Reports AGSM Results
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 15, 2017) - MAG Silver Corp. (TSX:MAG)(NYSE MKT:MAG) ("MAG" or the "Company") that at its annual general and special meeting (the "AGSM") held on June 15, 2017, MAG's Shareholders approved by majority: to elect all eight directors standing for re-election; to re-appoint Deloitte LLP as the Company's auditor; and to amend and restate the Company's Stock Option Plan, Share Unit Plan and Deferred Share Unit Plan.
Detailed results of the votes held by ballot at the AGSM are set out below.
|Peter D. Barnes||50,590,581||50,502,269||0||88,312||99.83||0||0.17|
|Richard P. Clark||50,590,581||48,449,224||0||2,141,357||95.77||0||4.23|
|Richard M. Colterjohn||50,590,581||50,445,372||0||145,209||99.71||0||0.29|
|Jill D. Leversage||50,590,581||50,121,315||0||469,266||99.07||0||0.93|
|Daniel T. MacInnis||50,590,581||50,507,206||0||83,375||99.84||0||0.16|
|George N. Paspalas||50,590,581||50,491,911||0||98,670||99.80||0||0.20|
|Jonathan A. Rubenstein||50,590,581||49,668,509||0||922,072||98.18||0||1.82|
|Derek C. White||50,590,581||50,495,431||0||95,150||99.81||0||0.19|
|Third Amended and Restated Stock Option Plan||50,591,581||47,040,923||3,550,658||0||92.98||7.02||0|
|Amended and Restated Share Unit Plan||50,591,581||48,824,775||1,766,806||0||96.51||3.49||0|
|Second Amended and Restated Deferred Share Unit Plan||50,591,581||49,172,450||1,419,131||0||97.19||2.81||0|
George Paspalas, CEO and President of MAG Silver Corp., extends his thanks to the Shareholders of the Company for their continued support.
About MAG Silver Corp. (www.magsilver.com)
MAG Silver Corp. is a Canadian exploration and development 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. Our principal focus and asset is the Juanicipio Property (44%), being developed in partnership with Fresnillo Plc (56%) and located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp. We are presently developing the underground infrastructure on the property, with the operational expertise of our joint venture partner, Fresnillo plc, to support a 4,000 tonnes per day mining operation. As well, we have an expanded exploration program in place investigating other highly prospective targets across the property. In addition, we continue to work on regaining surface access to our 100% owned Cinco de Mayo property in Mexico while we seek other high grade, district scale opportunities.