MAG Silver (MAG) Being Acquired for $2.1B

It was announced last month that MAG Silver (MAG) is being acquired by Pan American Silver (PAAS) for US$2.1 billion.

MAG's primary asset is a 44% joint venture stake in Mexico's #2 largest producing silver mine: Juanicipio, operated by Fresnillo Plc (LSE: FRES) the world's #1 largest primary silver producer with a market cap of US$13.382 billion. Juanicipio is FRES's #1 most important asset accounting for 18.2% of 2024 revenue and 30% of 2024 gross profit.

Juanicipio was discovered by Dr. Peter K.M. Megaw the co-founder and Senior Geologist of Minaurum Gold Inc. (TSXV: MGG).

MGG's Alamos Silver Project is similar to Juanicipio.

Dr. Peter K.M. Megaw specializes in high-grade polymetallic deposits like Juanicipio and Alamos.

Dr. Peter K.M. Megaw was previously on the Technical Advisory Team of HighGold and helped establish a massive polymetallic resource at Johnson Tract in Alaska, prior to NIA's Contango ORE (CTGO) acquiring HighGold for Johnson Tract last year!

CTGO closed last week at $20.33 per share for a gain of 58.21% since NIA published its CTGO report on May 14th! Click here to read our CTGO report!

Today, NIA published an exclusive must-read report about MGG and the Alamos Silver Project! Click here to read our MGG report!

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from MGG of US$30,000 cash for a three-month marketing contract. NIA has received compensation from CTGO of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.