FORM 53-901F
MATERIAL CHANGE REPORT
UNDER SECTION 85(1) OF THE SECURITIES ACT
AND SECTION 151 OF THE SECURITIES RULES
ITEM 1.
REPORTING ISSUER
MAG SILVER CORP.
328 – 550 Burrard Street
Vancouver BC, V6C 2B5
Telephone:
(604) 630-1399
Facsimile:
(604) 484-4710
Item 2.
Date of Material Change:February 27, 2006
ITEM 3.
PRESS RELEASE
The Issuer issued a press release atVancouver BC datedFebruary 27, 2006
ITEM4.
SUMMARY OF MATERIAL CHANGE
MAG Silver Corp. (TSXV:MAG) andIndustrias Peñoles S.A. de C.V. announce that Industrias Peñoles has completed its purchase of 245,716 shares of MAG Silver Corp in advance of the required timing under the terms of their Juanicipio joint venture agreement.
Item 5.
Full Description of Material Change
See the news release datedFebruary 27, 2006.
ITEM 6.
RELIANCE ON SECTION 85(2) OF THE ACT (BRITISH COLUMBIA) AND SECTION 118(2) OF THE ACT (ALBERTA) N/A
ITEM 7.
OMITTED INFORMATION N/A
ITEM 8.
SENIOR OFFICERS
The following senior officer of the Issuer is knowledgeable about the material change and may be contacted by the Commission at the following telephone number: Dan MacInnis, President & CEO Phone: (604) 630-1399
ITEM 9.
STATEMENT OF SENIOR OFFICER
The foregoing accurately discloses the material change referred to herein.
Dated at Vancouver, British Columbia this 2nd day ofMarch, 2006.
MAG Silver Corp.
"Dan MacInnis"
Dan MacInnis, President & CEO |
MAG Silver Corp.
MATERIAL CHANGE REPORT
328 – 550 Burrard Street, Vancouver BC, V6C 2B5
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