About MAG Silver Corp
MAG Silver Corp is a company based in Vancouver (Canada) founded in 1999 was acquired by Pan American Silver in May 2025.. MAG Silver Corp has completed 1 acquisition, including Americas Gold and Silver. MAG Silver Corp offers products and services including Silver Production and Exploration Services.
- Headquarter Vancouver, Canada
- Stage Public
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mag Silver Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$17.2 M (USD), Post-IPO
Feb 16, 2023
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Investors
Pan American Silver
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Pan American Silver
(May 11, 2025)
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IPO & Listings of MAG Silver Corp
MAG Silver Corp is a publicly listed company on the TSX with ticker symbol MAG in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MAG Silver Corp
MAG Silver Corp offers a comprehensive portfolio of products and services, including Silver Production and Exploration Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Silver production from high-grade mines is carried out by MAG Silver Corp. in North American regions.
Exploration of precious metals projects is provided by MAG Silver Corp. to support ongoing development and resource assessment.
Funding Insights of MAG Silver Corp
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $17.2M
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First Round
First Round
(26 May 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Post-IPO - MAG Silver Corp | Valuation |
investors |
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| Nov, 2021 | Amount | Post-IPO - MAG Silver Corp | Valuation |
investors |
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| Apr, 2020 | Amount | Post-IPO - MAG Silver Corp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MAG Silver Corp
MAG Silver Corp has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Pan American Silver and Eric Sprott. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Silver mining and exploration projects are managed by the company.
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Founded Year | Domain | Location | |
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ES
Eric Sprott |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MAG Silver Corp
MAG Silver Corp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Americas Gold and Silver. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mining and exploration services for gold projects are provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MAG Silver Corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mag Silver Corp Comparisons
Competitors of MAG Silver Corp
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mag Silver Corp
Frequently Asked Questions about MAG Silver Corp
When was MAG Silver Corp founded?
MAG Silver Corp was founded in 1999 and raised its 1st funding round 11 years after it was founded.
Where is MAG Silver Corp located?
MAG Silver Corp is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of MAG Silver Corp?
George Paspalas is the current CEO of MAG Silver Corp.
What does MAG Silver Corp do?
MAG Silver Corp was established in 1999 and is headquartered in Vancouver, Canada. Focus is placed on silver mining and exploration within the mining sector. Activities include resource development and geological assessments, primarily in North American regions. Leadership is provided by CEO and President George Paspalas, with operations supported through strategic partnerships and regulatory compliance.
What products or services does MAG Silver Corp offer?
MAG Silver Corp offers Silver Production and Exploration Services.
Is MAG Silver Corp publicly traded?
Yes, MAG Silver Corp is publicly traded on TSX under the ticker symbol MAG.
How many acquisitions has MAG Silver Corp made?
MAG Silver Corp has made 1 acquisition, including Americas Gold and Silver.
Who are MAG Silver Corp's investors?
MAG Silver Corp has 2 investors. Key investors include Pan American Silver, and Eric Sprott.
What is MAG Silver Corp's ticker symbol?
The ticker symbol of MAG Silver Corp is MAG on TSX.