MAG Silver Announces the Appointment of Selma Lussenburg as a Director
February 10 2020 - 10:16PM
MAG Silver Corp. (TSX / NYSE American: MAG)
(“MAG”) is pleased to announce that Ms. Selma Lussenburg
has joined MAG as a member of the Board of Directors.
Ms. Lussenburg is a Business Executive, former
General Counsel, Corporate Secretary and current Board Director
with over 35 years of business experience. She has held
various senior level positions encompassing a broad range of legal,
governance, compliance, pension, safety & security and
operational responsibilities. Ms. Lussenburg currently serves on
several other Boards and Committees, including Ontario Power
Generation and other Boards. Ms. Lussenburg also serves as a
Canadian private sector member on the NAFTA 2022 Advisory Committee
on the resolution of private commercial disputes.
Ms. Lussenburg has served as General Counsel
& Corporate Secretary for AT&T’s operations in Canada, for
OMERS, and most recently at Toronto Pearson International Airport
where her responsibilities included legal, governance, safety and
security operations.
Ms. Lussenburg holds an undergraduate law degree
(LLB) (University of Ottawa) and other degrees including a Masters
of International Law (LLM) (Australian National University).
"We are very pleased that Selma has joined our
Board," said Jonathan Rubenstein, Chairman of MAG. "She brings
extensive legal, governance and safety expertise to our Board,
along with wide-ranging business and board experience, all of which
furthers our ability to enhance shareholder value."
About MAG Silver Corp.
(www.magsilver.com)
MAG Silver Corp. is a Canadian development and
exploration company focused on becoming a top-tier primary silver
mining company, by exploring and advancing high-grade, district
scale, silver-dominant projects in the Americas. Its principal
focus and asset is the Juanicipio Property (44%), being developed
in a Joint Venture with Fresnillo plc (56%). Juanicipio is located
in the Fresnillo Silver Trend in Mexico, the world's premier silver
mining camp. The Joint Venture partners are currently
constructing and developing the surface and underground
infrastructure on the property to support a 4,000 tonnes per day
mining operation, with the operational expertise of our JV partner,
Fresnillo plc. As well, an expanded exploration program is in place
at Juanicipio with multiple highly prospective targets across the
property.
On behalf of the Board ofMAG SILVER
CORP.
"George Paspalas"
Chief Executive Officer
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For further information on behalf of MAG Silver Corp. Contact
Michael J. Curlook, VP Investor Relations
and Communications |
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Website:Phone:Toll free: |
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www.magsilver.com (604) 630-1399(866) 630-1399 |
Email: Fax: |
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info@magsilver.com (604) 681-0894 |
Neither the Toronto Stock Exchange nor the NYSE
American has reviewed or accepted responsibility for the accuracy
or adequacy of this press release, which has been prepared by
management.
This release includes certain statements that
may be deemed to be “forward-looking statements” within the meaning
of the US Private Securities Litigation Reform Act of 1995. All
statements in this release, other than statements of historical
facts are forward looking statements, including statements that
address future mineral production, reserve potential,
exploration drilling, exploitation activities and events or
developments. Forward-looking statements are often, but not always,
identified by the use of words such as "seek", "anticipate",
"plan", "continue", "estimate", "expect", "may", "will", "project",
"predict", "potential", "targeting", "intend", "could", "might",
"should", "believe" and similar expressions. These statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results or events to differ materially from
those anticipated in such forward-looking statements.
Although MAG believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results
to differ materially from those in forward-looking statements
include, but are not limited to, changes in
commodities prices, changes in mineral
production performance, exploitation and exploration
successes, continued availability of capital and financing, and
general economic, market or business conditions, political risk,
currency risk and capital cost inflation. In addition,
forward-looking statements are subject to various risks, including
that data is incomplete and considerable additional work will be
required to complete further evaluation, including but not limited
to drilling, engineering and socio-economic studies and
investment. The reader is referred to the MAG’s filings with
the SEC and Canadian securities regulators for disclosure regarding
these and other risk factors. There is no certainty that any
forward looking statement will come to pass and investors should
not place undue reliance upon forward-looking statements.
Please Note: Investors are urged to consider
closely the disclosures in MAG's annual and
quarterly reports and other public filings, accessible through
the Internet at www.sedar.com and www.sec.gov.
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