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MAG Silver to Acquire Gatling Exploration

Globe Newswire - Fri Mar 11, 2022

VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or “MAG Silver”) is pleased to announce that it has entered into a Definitive Arrangement Agreement (the “Definitive Agreement”) with Gatling Exploration Inc. (TSXV: GTR, OTCQB: GATGF) (“Gatling”) pursuant to which MAG will acquire all of the issued and outstanding common shares of Gatling (the “Transaction”) in an all-share transaction. Each Gatling shareholder will be entitled to receive 0.01702627 (the “Exchange Ratio”) of a common share of MAG for each share of Gatling held (the “Consideration”).

Read more at globenewswire.com

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