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MAG Silver Prepares $250M Securities Offering
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MAG Silver Prepares $250M Securities Offering

MAG Silver (TSE:MAG) has released an update.

MAG Silver Corp. has announced the filing of a preliminary base shelf prospectus, allowing it to offer up to $250 million of various securities in Canada and corresponding registration with the SEC in the US. This move positions the company to sell shares and other securities over the next 25 months, with the specifics of each offering to be detailed in future prospectus supplements based on market conditions.

For further insights into TSE:MAG stock, check out TipRanks’ Stock Analysis page.

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