MAG Silver (TSE:MAG) has released an update.
MAG Silver Corp. has completed the regulatory filing process for a final base shelf prospectus, enabling the company to potentially issue various securities up to the value of U.S.$250 million over the next 25 months. These offerings will be dependent on market conditions and may include a diverse mix of common shares, debt securities, and other financial instruments. The company, however, has stated it has no immediate plans to issue any securities under this new prospectus.
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