Frequently Asked Questions

• Where is MAG Silver listed?

  MAG Silver Corp. is listed on the Toronto Stock Exchange (TSX) and the NYSE American (NYSE - A) under the symbol  MAG

• What is the ticker symbol?

  MAG Silver has the same ticker symbol:  MAG -- on both the TSX and NYSE-A

• What is the CUSIP number?

  MAG Silver's CUSIP number is 55903Q104.

  The acronym CUSIP typically refers to both the "Committee on Uniform Security Identification Procedures" and the 9-character alphanumeric security identifiers that they distribute for all North American securities for the purposes of facilitating clearing and settlement of trades.

• What is an ISIN number?

  MAG Silver's ISIN number is CA55903Q1046.

  ISIN  is an International Securities Identification Number (ISIN) that uniquely identifies a security.

   

• When is your fiscal year end?

  MAG Silver's fiscal year end is December 31.

• What dates are MAG Silver's quarterly filings?

  Aproximately ~ Annual- March 31, 2022   /   Q1- May 15, 2022   /   Q2- August 14, 2022   /   Q3- November 16, 2022   /   Annual- March 31, 2023

• Who is MAG Silver's transfer agent?

  Computershare Investor Services Inc.
  510 Burrard Street, 2nd Floor
  Vancouver BC V6C 3B9

• PFIC- Is MAG Silver a Passive Foreign Investment Company for US taxpayers?

  MAG Silver Corp. is not a Passive Foreign Investment Company for US tax purposes.

• How do I access MAG Silver's regulatory filings?

  You can view MAG Silver's regulatory filings on SEDAR and on EDGAR and on our website.

• How can I obtain an Annual Report?

  MAG Silver no longer produces a glossy Annual Report. You can view the Company's AIF, MD&A and annual and quarterly financial statements on SEDAR or EDGAR, as well as our website. If you want to receive a hard copy of the financial statements or MD&A by mail, please call or email our office.

• Who is MAG Silver's independent auditor?

  Deloitte LLP
  2800 - 1055 Dunsmuir Street, Bentall 4
  Vancouver, BC, V7X 1P4

• Where can I find more comprehensive information about MAG Silver, its business and financials?

  Our Corporate presentation and other relevant business information is available on the Company's website (www.magsilver.com) under the "Investors" page.

• When was MAG Silver incorporated?

  MAG Silver was incorporated on April 21, 1999 under the Company Act of the Province of British Columbia.

  Its shares were listed on the TSXV, TSX Venture Exchange on April 21, 2000, and MAG moved to a TSX listing on October 5, 2007.

  Its shares were formerly listed on the AMEX on July 9th, 2007 which is now called the NYSE A.

  MAG Silver trades under the symbol MAG on both the TSX and NYSE-A exchanges.

• What is your ownership of the Juanicipio project?

  MAG Silver is 44% owner of the Juanicipio Project and Fresnillo plc is 56% owner and project operator.

• How much silver does the company have in the ground on the Juanicipio Property?

  MAG Silver reports its gold and silver resources by way of independent calculations prepared by qualified persons.
  These calculations are in the form of a National Instrument 43-101 report that meets Canadian reporting standards.

  The Mineral Resource Estimate below is reproduced from the 'MAG Silver Juanicipio NI 43-101 Technical Report' with an effective date of 21 October 2017 (the "2017 PEA") and is reported on a 100% project basis (MAG's share is 44%). The 2017 PEA is available on SEDAR and on our website.

  Zone	Resource category	Tonnes (Mt)	Ag (g/t)	Au (g/t)	Pb (%)	Zn (%)	Cu (%)	Ag (Moz)	Au (koz)	Pb (Mlb)	Zn (Mlb)	Cu (Mlb)
  Bonanza	Indicated	8.17	550	1.94	1.63	3.08	0.08	145	509	294	554	14
  	Inferred	1.98	648	0.81	1.32	2.80	0.06	41	52	58	123	3
  Deep	Indicated	4.66	209	2.39	2.96	4.73	0.23	31	359	304	486	24
  	Inferred	10.14	151	1.57	2.69	5.05	0.31	49	510	601	1129	69

  Notes: CIM Definition Standards 2014 were used for reporting the Mineral Resources.
  Dr A. Ross, Ph.D., P.Geo. of AMC Mining Consultants (Canada) Ltd. is the Qualified Person under NI 43-101 and takes responsibility for the Mineral Resource estimate.
  Mineral Resources are estimated at a resource NSR cut-off value of $55 per tonne.
  Resource NSR values are calculated in US$ using factors of $0.61 per g/t Ag, $34.27 per g/t Au, $19.48 per % Pb, and $19.84 per % Zn. These factors are based on metal prices of $20/oz Ag, $1,300/oz Au, $0.95/lb Pb, and $1.00/lb Zn and estimated recoveries of 82% Au, 95% Ag, 93% Pb, 90% Zn. The Mineral Resource NSR does not include offsite costs.
  Drilling results up to 31 December 2016.
  Mineral resources that are not mineral reserves do not have demonstrated economic viability. In addition, the 2017 PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the 2017 PEA will be realized.
  The numbers may not compute exactly due to rounding.
  Source: AMC Mining Consultants (Canada) Ltd.

• Where are your operations located?

  MAG Silver primarily operates in the Americas. The 44% MAG owned Juanicipio Property is located in the state of Zacatecas, Mexico just outside the town of Fresnillo, and the project is partnered with Fresnillo Plc owning 56%, and they are also the operator. MAG Silver also maintains the 100% owned Cinco de Mayo Property located in the State of Chihuahua, Mexico. In addition, MAG Silver has begun early stage exploration work at our new Deer Trail, Utah property where MAG is exploring a large-scale integrated CRD-skarn-porphyry system.  The company is headquartered in Vancouver, BC, Canada.

• Can I buy shares directly from the company?

  MAG Silver does not sell stock directly.
  Investors can purchase shares of MAG common stock on either Exchange, TSX or the NYSE A through a registered broker and/or discount broker.

• Who owns the company?

  MAG Silver is a publicly held and traded Company, with 100% of its shares listed for trading on the Toronto Stock Exchange (TSX) and the NYSE American (NYSE - A). The holders of those shares are approximately 70% institutional investors and 30% retail investors.

• Statement Regarding Qualified Person

  Dr. Peter Megaw, Ph.D., C.P.G., MAG's Chief Exploration Officer and a Qualified Person as defined under National Instrument 43-101, has reviewed, verified and approved the written scientific or technical information contained in this Frequently Asked Questions form.

• Cautionary Note to Investors Concerning Forward Looking Statements

  This Frequently Asked Questions form contains "forward-looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact constitute "forward-looking statements." Forward-looking information may include, but is not limited to, information regarding preliminary economic estimates relating to the Juanicipio Project. Many factors could cause actual results, performance or achievements to be materially different from any future results that may be expressed or implied by such forward-looking statements and information, including, among others, changes in general economic conditions or financial markets, changes in metal prices, general cost increases, and those risks identified in MAG's filings on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law.

• What is AISC?

  "AISC" means All-in sustaining costs. The projected AISC was calculated by the authors of the 2017 PEA at a cost of $5.02/Ag by summing life of mine offsite and operating costs, taxes, duties and royalties and sustaining capital, all net of by-product revenues, and dividing the resulting total by the total payable ounces of silver projected to be produced over the life of mine. AISC is not a recognized measure under IFRS and this projected financial measure may not be comparable to AISC metrics presented by other silver producers as they may differ deoending on the criteria used.

• Does MAG have a confidential whistleblower hotline?

  MAG has a Whistleblower hotline through Integrity Counts, a Canadian provider of global ethics reporting services, as an independent and external administrator of this helpline to allow any employee, contractor or member of the public who becomes aware of a violation of the MAG Silver Code of Business Conduct and Ethics, violations of other internal policies or guidelines or violations of any applicable law or regulations to anonymously report suspected violations. Submissions can be made in English or Spanish. 

  Methods of Reporting

  Submissions in English or Spanish may be made in any of the following manners:

  1. By using the anonymous and confidential helpline:

     
     An independent third party, Integrity Counts, has been retained as an independent and external administrator to address whistleblower concerns.

     There are three ways to submit a complaint via Integrity Counts: (i) filing a report on the website, (ii) calling the toll-free phone number, or (iii) submitting an email. All reports generated by the service are transmitted to the Chair of the Committee.

     Integrity Counts’ contact details for reporting a concern are as follows:

     North America – call toll-free: 1-866-921-6714
     Mexico – call toll-free: 001-800-099-0642
     Email: magsilver@integritycounts.ca
     Website: http://integritycounts.ca/org/magsilver

  2. By letter/mail/courier directly to the Chair of the Committee at:

     
     MAG Silver Corp.
     770 – 800 West Pender Street
     Vancouver, BC V6C 2V6
     Attention: Chair of the Audit Committee
     STRICTLY PRIVATE AND CONFIDENTIAL

     Email: auditchair@magsilver.com

     *Note that in the instance where a Submission involves the Chair of the Committee, the letter/mail/courier should be addressed to the attention of the Chair of the Board of Directors (or via email to boardchair@magsilver.com ).

  3. By raising the concern in an informal manner

     
     Employees may consider raising their concern in an informal manner. For example, the concern could be reported directly to any supervisor or member of management whom the employee is comfortable approaching. Any manager or other supervisory employee who receives a report of an alleged violation must immediately forward the report to the Chair of the Committee.