MAG Announces Second Dividend

Core Viewpoint - MAG Silver Corp. has declared a total dividend of $0.20 per share, consisting of a fixed dividend of$0.02 and a performance-linked dividend of $0.18, reflecting strong cash flow from the Juanicipio project [1][2]. Group 1: Dividend Declaration - The total dividend of$0.20 per share is payable on May 28, 2025, to shareholders on record as of May 19, 2025 [1]. - The performance-linked dividend represents approximately 30% of the $61.5 million cash received from the Juanicipio project [1]. Group 2: Company Strategy - The company emphasizes a disciplined and transparent approach to returning capital to shareholders, aligning returns with operational results [2]. - The structure of the dividend allows shareholders to have direct exposure to the company's success while maintaining flexibility for future growth [2]. Group 3: Company Overview - MAG Silver Corp. is a Canadian mining and exploration company focused on high-grade precious metals projects in the Americas [3]. - The company holds a 44% joint venture interest in the Juanicipio Mine, which has a design capacity of 4,000 tonnes per day and is operated by Fresnillo plc [3]. - In addition to Juanicipio, MAG is conducting exploration programs at the Deer Trail Project in Utah and the Larder Project in Canada [3].