COFECE Approves Pan American Silver's Arrangement with MAG Silver

VANCOUVER, British Columbia, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pan American Silver Corp. (NYSE:PAAS) (TSX:PAAS.TO) ("Pan American") and MAG Silver Corp. (NYSEAmerican:MAG) (TSX:MAG.TO) ("MAG") are pleased to announce that the Mexican Federal Economic Competition Commission ("COFECE") has approved the previously announced acquisition of all of the issued and outstanding common shares of MAG ("MAG Shares") by Pan American (the "Arrangement"). All required regulatory, shareholder and court approvals, including the final court order, have now been received and the Arrangement is anticipated to be completed on or about September 4, 2025.