MAG Silver Appoints John Armstrong to Board of Directors

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MAG Silver Appoints John Armstrong to Board of Directors
MAG Silver Corp.John ArmstrongBoard Of Directors
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MAG Silver Corp. announces the appointment of John Armstrong to its Board of Directors, effective January 31, 2025.\John Armstrong brings extensive leadership experience in capital markets, strategic planning, and capital allocation to the role. His familiarity with MAG and the Juanicipio Mine, as well as his network within the mining sector, will be valuable assets to the company's strategic direction.

MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) announced the appointment of John Armstrong to the Board of Directors, effective January 31, 2025, as part of MAG’s planned Board refreshment. \“With extensive leadership experience and a strong track record in capital markets , strategic planning and capital allocation, John brings significant value as we continue to advance MAG’s strategic priorities.

We believe that his broad network within the mining sector coupled with his familiarity with MAG and Juanicipio, will provide valuable insights as we continue to drive the Company forward.”\“John’s appointment comes following a comprehensive, externally facilitated search process focussed on a diverse pool of candidates. Our Board is committed to fostering greater diversity, and while we focused on identifying candidates from varied backgrounds, we ultimately selected John because his expertise, leadership and vision aligned perfectly with the strategic direction of the Company.”\Mr. Armstrong is currently CEO of Versamet Royalties, a private metals royalty and streaming company. Prior to Versamet, he spent many years with BMO Financial Group. Most recently, he held the position of Deputy Head of Investment Banking, BMO Capital Markets where he was responsible for shaping and executing the firm’s investment banking strategy across its various industry verticals, and delivering corporate finance (equity underwriting, debt underwriting and corporate lending) and advisory solutions to clients. John holds a Bachelor of Commerce from the Sauder School of Business at the University of British Columbia and an MBA with Honours from the Rotman School of Management at the University of Toronto.

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MAG Silver Corp. John Armstrong Board Of Directors Juanicipio Mine Mining Sector Capital Markets Strategic Planning

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