Public market insider selling at MAG Silver (MAG)

Public market insider selling at MAG Silver (T:MAG)

George Nickolas Paspalas, CEO and Director, disposed of 145,000 Common Shares on a direct ownership basis at prices ranging from $13.210 to $14.120 between May 31st, 2019 and June 4th, 2019. This represents a $1,961,915 divestment of the company's shares and an account share holdings change of -41.2%.

Larry Taddei, CFO, disposed of 25,000 Common Shares on a direct ownership basis at a price of $13.200 on May 31st, 2019. This represents a $330,000 divestment of the company's shares and an account share holdings change of -18.3%.

MAG Silver is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

MAG Silver Corp. is a mineral exploration and development company. The Company is focused on the acquisition, exploration and development of projects located within the Mexican silver belt. The Company operates through the exploration of mineral properties in Mexico segment. The Company's projects include Juanicipio Property, Cinco De Mayo Property and Guigui Property. Juanicipio Property is located in the Fresnillo District, Zacatecas State, Mexico. The Juanicipio Property includes silver-gold-lead-zinc epithermal vein deposit. The Company owns the mineral concessions comprising the Cinco de Mayo Property. The Cinco de Mayo Property is located approximately 190 kilometers northwest of the city of Chihuahua, in northern Chihuahua State, Mexico, and covers approximately 25,110 hectares. The Company owns the Guigui project located in the Santa Eulalia Mining District of Chihuahua, Mexico. Guigui project consists of approximately 8,300 hectares.