MAG Silver Welcomes George Paspalas as President, CEO and Director

MAG Silver Welcomes George Paspalas as President, CEO and Director 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/15/13 -- MAG
Silver Corp. (TSX:MAG)(NYSE MKT:MVG) ("MAG" or the "Company")
announced today that George Paspalas has been appointed as a member
of the Company's Board of Directors. This coincides with his
appointment as President and Chief Executive Officer as previously
announced on June 20, 2013. 
George Paspalas brings a wealth of technical, operating and capital
market experience to MAG having been not only CEO of Aurizon for 2
years, 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. 
As an incentive to join the Company as President and CEO, Mr.
Paspalas has been granted 500,000 inducement stock options, subject
to regulatory approvals, with a term of 5 years and an exercise price
of C$5.35, vesting 1/3 immediately, 1/3 after 12 months and 1/3 after
24 months.  
About MAG Silver Corp. (www.magsilver.com) 
MAG is focused on district scale projects located within the Mexican
Silver Belt. Our mission is to become one of the premier companies in
the silver mining industry. MAG is conducting ongoing exploration of
its portfolio of 100% owned properties in Mexico including a silver,
lead and zinc discovery and a moly-gold discovery at its 100% owned
Cinco de Mayo property in Chihuahua State. MAG and Fresnillo plc are
jointly developing the Valdecanas Vein and delineating the
Desprendido and Juanicipio discoveries on the Juanicipio Joint
Venture in Zacatecas 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
http://www.sec.gov.
Contacts:
MAG Silver Corp.
Michael Curlook
VP Investor Relations and Communications
(604) 630-1399 or Toll free: (866) 630-1399
(604) 681-0894 (FAX)
info@magsilver.com
www.magsilver.com
 
 
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