Public market insider selling at MAG Silver (MAG)

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

Peter Megaw, a Senior Officer, disposed of 76,291 Common Shares on a direct ownership basis at a price of $16.387 on April 3rd, 2024. This represents a $1,250,173 divestment of the company's shares and an account share holdings change of -68.9%.

George Nickolas Paspalas, CEO and Director, disposed of 11,634 Common Shares on a direct ownership basis at a price of $15.850 on April 3rd, 2024. This represents a $184,399 divestment of the company's shares and an account share holdings change of -6.1%.

MAG Silver is in the Non-Gold Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

MAG Silver Corp. is a Canadian exploration company. The Company is focused on advancing high-grade, district scale precious metals projects in the Americas. Its principal focus and asset are the 4,000 tons per day Juanicipio Project (44%), operated by Fresnillo Plc (56%). The project is located in the Fresnillo Silver Trend in Mexico. Its Cinco de Mayo Property is located approximately 190 kilometers northwest of the city of Chihuahua, in northern Chihuahua State, Mexico, and cover approximately 25,113 hectares. The project consists of four mineralized zones: the Upper Manto silver-lead-zinc inferred resource; the Pegaso deep discovery; the Pozo Seco high grade molybdenum-gold resource, and the surrounding Cinco de Mayo exploration area. The Company is also executing multi-phase exploration programs at the Deer Trail 100% earn-in Project in Utah and the Larder Project, located in the historically prolific Abitibi region of Canada.