Fresnillo plc acquisition of shares in MAG Silver



    
    /NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY JURISDICTION
    WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH
    JURISDICTION/
    

    TORONTO, LONDON and MEXICO CITY, Oct. 7 /CNW/ - Fresnillo plc, the
world's largest primary silver producer, announces that on 7 October it
acquired a further 2,512,600 common shares of MAG Silver Corp (TSX: MAG, AMEX:  
MVG) ("MAG Silver") through the facilities of the Toronto Stock Exchange at an
average price of approximately CDN$5.00 per share. These shares, together with
shares already owned by Fresnillo plc total 9,314,877 or approximately 18.95%
of MAG Silver's common shares outstanding, based on MAG Silver's public
disclosure.
    Fresnillo plc with its affiliates, including Industrias Penoles, own a
total 9,746,193 common shares or 19.83 MAG Silver's common shares outstanding.
Subject to applicable law and market conditions, Fresnillo or its affiliates
may acquire additional MAG Silver common shares.





For further information:

For further information: Fresnillo plc, London Office, Octavio Alvidrez,
Head of Investor Relations, Tel: +44(0)20 7399 2470; Mexico City Office,
Gabriela Mayor, Tel: +52555 279 3203; Brunswick, Patrick Handley, Carole
Cable, Tel: +44(0)20 7404 5959

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MAG Silver Corp.

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