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Fresnillo plc acquisition of shares in MAG Silver

October 8, 2008 @ 10:31 am In Silver Company News

(Oct 7th)The world's largest primary silver producer, Fresnillo plc reports it acquired a further 2,512,600 common shares of MAG Silver Corp at a price of CDN$5.00 per share.

These shares, together with shares already owned by Fresnillo plc total 9,314,877 or approximately 18.95% of MAG Silver's common shares outstanding, based on MAG Silver's public disclosure.

For full details of this press release, click this link. [1] Silver Investing News researchers discovered Mag Silver's projects described on their website [2]. Follow developments in silver mining and exploration for free.
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URL to article: http://silverinvestingnews.com/488/fresnillo-plc-acquisition-of-shares-in-mag-silver.html

URLs in this post:

[1] link.: http://www.newswire.ca/en/releases/archive/October2008/07/c4139.html

[2] website: http://www.magsilver.com/s/Home.asp

[3] Silver Investing Newsletter: http://silverinvestingnews.com/investing-newsletter

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