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MAG Silver Corp Announces US$40 Million Bought Deal Financing

MAG Silver Corp. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Raymond James Ltd. under which the underwriters have agreed to buy on a bought deal basis 2,340,000 common shares at a price of US$17.15 per Common Share for gross proceeds of approximately US$40 million . The Company has granted the Underwriters an option, exercisable at the ...

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