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COFECE Approves Pan American Silver’s Arrangement With MAG Silver

Fri, Sep 12, 2025, 10:17 AM 2 min read

MAG Silver Corp. (NYSE:MAG) is among the 11 Best Silver Mining Stocks to Buy According to Hedge Funds. Pan American Silver Corp. and MAG Silver Corp. (NYSE:MAG) announced on August 25, 2025, that Pan American’s purchase of all outstanding MAG Silver Corp. (NYSE:MAG) shares was authorized by Mexico’s Federal Economic Competition Commission, or COFECE. The acquisition is anticipated to close on September 4, 2025, after obtaining all necessary regulatory, shareholder, and judicial approvals. MAG Silver Corp. (NYSE:MAG) shareholders must vote by August 27, 2025, for either $20.54 in cash per share or the default of $0.0001 in cash plus 0.755 Pan American shares, subject to proration, with the total consideration limited to $500 million in cash and the remainder in Pan American shares.

COFECE Approves Pan American Silver's Arrangement With MAG Silver.

Pan American, a prominent producer of gold and silver with operations throughout the Americas, is growing as a result of this deal. MAG Silver Corp. (NYSE:MAG) is recognized for owning a 44% share in the Juanicipio Mine in the Fresnillo Silver Trend in Mexico. The company also has exploration properties in Utah and the Abitibi region of Canada. The purchase provides growth assets in important mining jurisdictions and unifies Pan American’s silver portfolio. It is one of the Best Silver Mining Stocks.

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