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Investment Q&A

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Pan American Silver Corp. (PAAS $46.59)
- $46.59 P/E (TTM): 22.69X Cap: $16.85B
- View PAAS Profile
- View Questions on PAAS
MAG Silver Corp. (MAG $33.62)
- $33.62 P/E (TTM): 24.43X Cap: $3.48B
- View MAG Profile
- View Questions on MAG
Pan American Silver Corp. (PAAS $33.92)
- $33.92 P/E (TTM): 22.69X Cap: $12.27B
- View PAAS Profile
- View Questions on PAAS

Q: Ref: Takeover. Since PAAS and MAG trade on 2 exchanges, will we receive PAAS shares, and cash, in the currency of our MAG shares or in US$? This is not very clear in the Arrangement document. Thanks.

Asked by Denise on June 16, 2025

5i Research Answer:

The currency will be Canadian. The broker will credit the compensation to whichever account the MAG stock is held. For example if it is held right now in a US dollar account the broker will convert the proceeds. Shares will be also credited to whichever account holds the MAG shares.

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