Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces the Company’s consolidated financial results for the year ended December 31, 2024. For details of the audited consolidated financial statements of the Company for the year ended December 31, 2024 (“2024 Financial Statements”) and management’s discussion and analysis for the year ended December 31, 2024 (“2024 MD&A”), please see the Company’s filings on the System for Electronic Document Analysis and Retrieval Plus (“SEDAR+”) at (www.sedarplus.ca) or on the Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) at (www.sec.gov).

All amounts herein are reported in thousands of United States dollars (“US$”) unless otherwise specified (C$ refers to thousands of Canadian dollars).

KEY HIGHLIGHTS (on a 100% basis unless otherwise noted)

MAG reported net income of $77,779 ($0.75 per share), driven by income from the Juanicipio mine (the “Juanicipio Mine” or “Juanicipio”) (equity accounted) of $92,875, and adjusted EBITDA[1] of $186,734.
In addition to paying an inaugural dividend of $26,400 to MAG, Juanicipio returned a total of $97,376 in interest and loan principal repayments to MAG for a total capital return in 2024 of $123,776, further augmenting MAG’s cash position to $162,347 at the end of the year.
MAG declared an inaugural fixed dividend of $0.02 per share and an additional cash flow linked dividend of $0.16 per share (approximately 30% of cash received from Juanicipio during the fourth quarter of 2024) for a total dividend of $0.18 per share payable on April 21, 2025 to shareholders on record as of April 4, 2025. This represents an inaugural return of $18,604 to shareholders.
see & read more on
https://magsilver.com/2025/mag-silver-reports-2024-annual-financial-results/


MAG Announces Dividend Policy and Inaugural DividendAll amounts herein are reported in United States dollars (“US$”) unless otherwise specified

Vancouver, B.C. MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG”, or the “Company”) announces that its Board of Directors (“Board”) has adopted a dividend policy for the Company under which the Company intends to pay quarterly fixed dividends of $0.02 per share. In addition, at average realised silver prices of above $20 per ounce, the Company intends to augment the fixed dividend with a cash flow linked dividend targeted at approximately 30% of cash flows from Juanicipio received by MAG every quarter and linked to net cash metrics as determined by the Board from time to time.

MAG declares an inaugural fixed dividend of $0.02 per share and an additional cash flow linked dividend of $0.16 per share (approximately 30% of the $53.85 million cash received from Juanicipio during Q4 2024) for a total dividend of $0.18 per share payable on April 21, 2025 to shareholders on record as of April 4, 2025 (the “Inaugural Dividend”). The dividend qualifies as an “eligible dividend” as defined in the Income Tax Act (Canada).see & read more on
https://magsilver.com/2025/mag-announces-dividend-policy-and-inaugural-dividend/