MAG Silver Appoints John Armstrong to the Board of Directors as Part of Planned Board Refreshment
MAG Silver (TSX / NYSE American: MAG) has appointed John Armstrong to its Board of Directors, effective January 31, 2025, as part of the company's planned Board refreshment initiative. Board Chair Peter Barnes highlighted Armstrong's extensive leadership experience and strong track record in capital markets, strategic planning, and capital allocation. The appointment followed a comprehensive, externally facilitated search process focused on diverse candidates. Armstrong's broad network within the mining sector and familiarity with MAG and Juanicipio were cited as key factors in his selection, expected to provide valuable insights for the company's strategic advancement.
MAG Silver (TSX / NYSE American: MAG) ha nominato John Armstrong al suo Consiglio di Amministrazione, con effetto dal 31 gennaio 2025, come parte dell'iniziativa di rinnovamento pianificata del Consiglio. Il Presidente del Consiglio, Peter Barnes, ha sottolineato l'ampia esperienza di leadership di Armstrong e il suo solido curriculum nel mercato dei capitali, nella pianificazione strategica e nell'allocazione del capitale. La nomina è seguita a un processo di ricerca completo e facilitato esternamente, incentrato su candidati diversificati. La vasta rete di Armstrong nel settore minerario e la sua familiarità con MAG e Juanicipio sono state citate come fattori chiave nella sua selezione, che si prevede fornirà intuizioni preziose per l'avanzamento strategico dell'azienda.
MAG Silver (TSX / NYSE American: MAG) ha nombrado a John Armstrong como miembro de su Junta Directiva, con efecto a partir del 31 de enero de 2025, como parte de la iniciativa planificada de renovación de la Junta. El Presidente de la Junta, Peter Barnes, destacó la amplia experiencia de liderazgo de Armstrong y su sólido historial en mercados de capitales, planificación estratégica y asignación de capital. La nominación siguió a un proceso de búsqueda integral facilitado externamente, centrado en candidatos diversos. Se mencionó que la amplia red de Armstrong en el sector minero y su familiaridad con MAG y Juanicipio fueron factores clave en su selección, y se espera que aporte valiosas perspectivas para el avance estratégico de la empresa.
MAG Silver (TSX / NYSE American: MAG)는 John Armstrong을 2025년 1월 31일부터 이사로 임명했다고 발표했습니다. 이는 회사의 계획된 이사회 갱신 이니셔티브의 일환입니다. 이사회 의장인 Peter Barnes는 Armstrong의 광범위한 리더십 경험과 자본 시장, 전략적 계획 및 자본 할당에서의 강력한 실적을 강조했습니다. 이 임명은 다양한 후보자에 중점을 둔 종합적이고 외부에서 진행된 검색 프로세스 이후 이루어졌습니다. Armstrong의 광산 부문 내 광범위한 네트워크와 MAG 및 Juanicipio에 대한 친숙함이 선정의 주요 요소로 언급되었으며, 이는 회사의 전략적 발전을 위한 귀중한 통찰력을 제공할 것으로 기대됩니다.
MAG Silver (TSX / NYSE American: MAG) a nommé John Armstrong au sein de son Conseil d'Administration, à compter du 31 janvier 2025, dans le cadre de l'initiative planifiée de renouvellement du Conseil. Le Président du Conseil, Peter Barnes, a souligné l'ample expérience de leadership d'Armstrong et son solide parcours dans les marchés de capitaux, la planification stratégique et l'allocation de capital. La nomination a suivi un processus de recherche complet, facilité par des intervenants externes, axé sur des candidats diversifiés. Le large réseau d'Armstrong dans le secteur minier et sa familiarité avec MAG et Juanicipio ont été cités comme des facteurs clés de sa sélection, qui devrait fournir des insights précieux pour l'avancement stratégique de l'entreprise.
MAG Silver (TSX / NYSE American: MAG) hat John Armstrong mit Wirkung zum 31. Januar 2025 in seinen Vorstand berufen, als Teil der geplanten Initiative zur Erneuerung des Vorstands. Der Vorstandsvorsitzende Peter Barnes hob Armstrongs umfassende Führungserfahrung sowie seine starke Erfolgsbilanz in den Bereichen Kapitalmärkte, strategische Planung und Kapitalallokation hervor. Die Berufung folgte einem umfassenden, extern moderierten Suchprozess, der sich auf vielfältige Kandidaten konzentrierte. Armstrongs breites Netzwerk im Bergbausektor und sein Wissen über MAG und Juanicipio wurden als entscheidende Faktoren für seine Auswahl erwähnt, von dem erwartet wird, dass er wertvolle Einblicke für den strategischen Fortschritt des Unternehmens liefern wird.
- Strategic board refreshment with addition of experienced capital markets professional
- New director brings mining sector network and familiarity with company's operations
- None.
VANCOUVER, British Columbia, Feb. 03, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) announces the appointment of John Armstrong to the Board of Directors, effective January 31, 2025, as part of MAG’s planned Board refreshment.
“We are very pleased to welcome John to our Board,” said Peter Barnes, Chair of the Board. “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.”
Mr. Barnes added: “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.”
About John Armstrong
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.
About MAG Silver Corp. (www.magsilver.com)
MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG is a top-tier primary silver mining company through its (
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 or “forward-looking information” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”), including statements that address our expectations with respect to the timing of, and changes to, the Company’s Board of Directors. All statements in this release, other than statements of historical facts are forward-looking statements. 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. Factors that could cause actual results to differ materially from those in the forward-looking statements identified herein include, but are not limited to, changes in applicable laws, 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 those risks disclosed in MAG Silver’s filings with the Securities Exchange Commission (the “SEC”) and Canadian securities regulators. All forward-looking statements contained herein are made as at the date hereof and MAG Silver undertakes no obligation to update the forward-looking statements contained herein. 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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