MAG Silver Appoints George Paspalas as President and CEO

MAG Silver Appoints George Paspalas as President and CEO 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/20/13 -- MAG
Silver Corp. (TSX:MAG) (NYSE MKT:MVG) ("MAG" or the "Company")
announced today that George Paspalas will succeed Dan MacInnis as MAG
Silver's President and Chief Executive Officer effective October 15,
2013. George Paspalas was formerly President and Chief Executive
Officer of Canadian based gold producer Aurizon Mines Ltd. which was
recently acquired by Hecla Mining Company. Dan will remain as an
integral member of the board of directors of the company. 
The appointment was made after a broad international search and is in
response to the pending retirement of incumbent President & Chief
Executive Officer, Dan MacInnis by year end. "MAG is transitioning
from a highly successful exploration venture to preproduction and
ultimately a producing company" says Peter Barnes, Chairman of MAG's
Governance and Nominating Committee, "Dan has decided that with this
shift of focus it is a good time for him to step aside and let
George's extensive production-focused skill set carry MAG to the next
level. On behalf of the board I wish to thank Dan for his
extraordinary exploration vision and perseverance in building MAG
into a silver company with world-class pre-production assets
discovered wholly through MAG's exploration expertise."  
George Paspalas brings a wealth of technical, operating and capital
market experience to MAG having been not only CEO of Aurizon but also
holding senior management positions at Silver Standard where he was
Chief Operating Officer for 4 years, and at Placer Dome where he held
several senior positions including Senior Vice President of Projects
- Technical Development and President and Chief Executive Officer,
Placer Dome Africa. George brings to MAG a strong background covering
the full spectrum from early stage development, mine construction and
commissioning. George's career has taken him through operations and
project development globally with significant experience in Latin
America, including Mexico. He clearly brings the right capabilities
to grow MAG into a significant silver producing company going
forward.  
About MAG Silver Corp. (www.magsilver.com) 
Our corporate mission is to become one of the premier companies in
the silver mining industry. MAG and joint venture partner, Fresnillo
plc, are jointly developing the Valdecanas and Juanicipio veins on
the Juanicipio Property in Zacatecas State, where Fresnillo, as
operator, expects mine production to commence in 2017. MAG will also
continue to conduct, upon receipt of applicable permits, advanced
exploration and delineation drilling on the Upper Manto and Pegaso
discoveries; two silver, lead and zinc projects at its 100% owned
Cinco de Mayo property in Chihuahua State. MAG is based in Vancouver,
British Columbia, Canada. Its common shares trade on the TSX under
the symbol MAG and on the NYSE MKT under the symbol MVG.  
On behalf of the Board of MAG SILVER CORP.  
Peter Barnes, Director, Chairman; Governance and Nominating Committee 
Neither the Toronto Stock Exchange nor the NYSE MKT has reviewed or
accepted responsibility for the accuracy or adequacy of this press
release, which has been prepared by management. 
This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the US Private
Securities Litigation Reform Act of 1995. All statements in this
release, other than statements of historical facts are forward
looking statements, including statements that address future mineral
production, reserve potential, exploration drilling, exploitation
activities and events or developments. Forward-looking statements are
often, but not always, identified by the use of words such as "seek",
"anticipate", "plan", "continue", "estimate", "expect", "may",
"will", "project", "predict", "potential", "targeting", "intend",
"could", "might", "should", "believe" and similar expressions. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially
from those anticipated in such forward-looking statements. Although
MAG believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include, but are
not limited to, changes in commodities prices, changes in mineral
production performance, exploitation and exploration successes,
continued availability of capital and financing, and general
economic, market or business conditions, political risk, currency
risk and capital cost inflation. In addition, forward-looking
statements are subject to various risks, including that data is
incomplete and considerable additional work will be required to
complete further evaluation, including but not limited to drilling,
engineering and socio-economic studies and investment. The reader is
referred to the Company's filings with the SEC and Canadian
securities regulators for disclosure regarding these and other risk
factors. There is no certainty that any forward looking statement
will come to pass and investors should not place undue reliance upon
forward-looking statements.  
Please Note: Investors are urged to consider closely the disclosures
in MAG's annual and quarterly reports and other public filings,
accessible through the Internet at www.sedar.com and www.sec.gov/edga
r/searchedgar/companysearch.htmlhttp://www.sec.gov/EDGAR.
Contacts:
MAG Silver Corp.
Michael Curlook
VP Corp. Development
(604) 630-1399 or Toll free: (866) 630-1399
(604) 681-0894 (FAX)
info@magsilver.com
www.magsilver.com
 
 
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