MAG Silver (MAG) has notable insider selling

MAG Silver (T:MAG)

Daniel Thomas MacInnis, a Director, disposed 25,000 Common Shares on a direct ownership basis at a price of $28.300 through the public market on January 5th, 2021. This represents a $707,500 divestment of the company's shares and an account share holdings change of -11.5%.

George Nickolas Paspalas, CEO and Director, disposed 10,000 Common Shares on a direct ownership basis at a price of $28.310 through the public market on January 4th, 2021. This represents a $283,100 divestment of the company's shares and an account share holdings change of -5.4%.

Larry Taddei, CFO, disposed 3,500 Common Shares on an indirect ownership basis for registered holder RRSP - Larry Taddei at a price of $28.600 through the public market on January 7th, 2021. This represents a $100,100 divestment of the company's shares and an account share holdings change of -100.0%.

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 25,113 hectares.