UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form SD

 

Specialized Disclosure Report

 

MAG Silver Corp.

 

British Columbia, Canada
(State or other jurisdiction of incorporation)

 

001-33574
(Commission File Number)

 

#770 800 West Pender St., Vancouver, BC, V6C 2V6, CANADA
(Address of principal executive office)

 

George Paspalas

604-630-1399
(Name and telephone number, including area code, of the person to contact in connection with this report)

 

 

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies: 

 

☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ________________.

 

☒ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

 

 

 

 

 

 

 

SECTION 1 CONFLICT MINERALS DISCLOSURE

 

Item 1.01 - Conflict Minerals Disclosure and Report

 

Not applicable

 

Item 1.02 - Exhibit

 

Not applicable

 

SECTION 2 RESOURCE EXTRACTION ISSUER DISCLOSURE

 

Item 2.01 Resource Extraction Issuer Disclosure and Report

 

MAG Silver Corp. (the “Company”) is subject to Canada’s Extractive Sector Transparency Measures Act (“ESTMA”). The Company is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2023 to satisfy the requirements of Item 2.01. The Company’s ESTMA report is available on the Company’s website at https://magsilver.com/investors/#financials-and-filings or on the Government of Canada’s website at https://natural-resources.canada.ca/estma-data. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

 

SECTION 3 EXHIBITS

 

Item 3.01. Exhibits

 

The following exhibit is filed as part of this report.

 

Exhibit

Number

Description

2.01

Extractive Sector Transparency Measures Act – Annual Report for the year ended December 31, 2023.

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

 

   

MAG Silver Corp.

     
 

By:

/s/ George Paspalas

Date: September 13, 2024

 

Name: George Paspalas

Title: President & CEO

 

 

 

 

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report

                   
maglogo.jpg
                                 

Reporting Entity Name

MAG SILVER CORP.

Reporting Year

From 

1/1/2023

To: 

12/31/2023

Date submitted

5/29/2204

Reporting Entity ESTMA Identification Number

E905729

rdosel.jpg Original Submission
rdosel2.jpgAmended Report

 

Other Subsidiaries Included
(optional field)

 

Not Consolidated

 

Not Substituted

 

Attestation by Reporting Entity

   
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.  
   
   

Full Name of Director or Officer of Reporting Entity

FAUSTO DI-TRAPANI

Date

5/29/2024

 

Position Title

CFO

     

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To: 

12/31/2023

             

Reporting Entity Name

MAG SILVER CORP.

Currency of the Report

USD

     

Reporting Entity ESTMA Identification Number

E905729

         

Subsidiary Reporting Entities (if necessary)

           

Payments by Payee

Country

Payee Name

Departments, Agency, etc within Payee that Received Payments

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes

United States of America

Government of the United States of America

United States Department of the Interior - Bureau of Land Management

 170,000

           

170,000

Annual maintenance fees for unpatented mining claims; real property taxes

Canada-Ontario

Apitipi Anicinapek First Nations

     

 55,000

       

55,000

Capacity funding converted to USD at annual CAD:USD average rate of 1.3497

Canada-Ontario

Matachewan First Nations

     

 55,000

       

55,000

Capacity funding converted to USD at annual CAD:USD average rate of 1.3497

Mexico

Tax Adminstration Service

 

 310,000

           

310,000

Mining Claims. Capacity funding converted to USD at annual USD:MXP on date of payment 16.8825

Additional Notes:

 

 

 

 

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To: 

12/31/2023

           

Reporting Entity Name

MAG SILVER CORP.

Currency of the Report

USD

   

Reporting Entity ESTMA Identification Number

E905729

       

Subsidiary Reporting Entities (if necessary)

         

Payments by Project

Country

Project Name

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes

United States of America

Deer Trail

 170,000

           

170,000

Annual maintenance fees for unpatented mining claims

Canada-Ontario

Larder 

   

 110,000

       

110,000

Capacity funding converted to USD at annual CAD:USD average rate of 1.3497

Mexico

Cinco de Mayo

 310,000

           

310,000

Mining Claims. Capacity funding converted to USD at annual USD:MXP on date of payment 16.8825

Additional Notes3:

 

 

 

 

 
v3.24.2.u1
Document Information
12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001230992
Registrant Name MAG Silver Corp.
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.2.u1
Payments, by Category - USD ($)
Taxes
Fees
Total Payments
Total $ 480,000 $ 110,000 $ 590,000
v3.24.2.u1
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
Taxes
Fees
Total Payments
Total $ 480,000 $ 110,000 $ 590,000
Deer Trail [Member]      
Total 170,000   170,000
Larder [Member]      
Total   $ 110,000 110,000
Cinco de Mayo [Member]      
Total $ 310,000   $ 310,000
v3.24.2.u1
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
Taxes
Fees
Total Payments
Total $ 480,000 $ 110,000 $ 590,000
UNITED STATES      
Total 170,000   170,000
UNITED STATES | Government of the United States of America [Member]      
Total 170,000   170,000
CANADA      
Total   110,000 110,000
CANADA | Apitipi Anicinapek First Nations [Member]      
Total   55,000 55,000
CANADA | Matachewan First Nations [Member]      
Total   $ 55,000 55,000
MEXICO      
Total 310,000   310,000
MEXICO | Tax Adminstration Service [Member]      
Total $ 310,000   $ 310,000
v3.24.2.u1
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
Amount
Type
Country
Govt.
Project
Resource
Ext. Method
#: 1              
$ 170,000 Taxes UNITED STATES Government of the United States of America Deer Trail Mag Silver Corp Open Pit
#: 2              
55,000 Fees CANADA Apitipi Anicinapek First Nations Larder Mag Silver Corp Open Pit
#: 3              
55,000 Fees CANADA Matachewan First Nations Larder Mag Silver Corp Open Pit
#: 4              
$ 310,000 Taxes MEXICO Tax Adminstration Service Cinco de Mayo Mag Silver Corp Open Pit

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