MAG SILVER CORP. Suite 770, 800 West Pender Street, Vancouver, BC, Canada V6C 2B5 Tel: 604-630-1399 Fax: 604-681-0894 www.magsilver.com |
June 23, 2010
British Columbia Securities Commission
Alberta Securities Commission
Saskatchewan Financial Services Commission
Manitoba Securities Commission
Ontario Securities Commission
New Brunswick Securities Commission
Nova Scotia Securities Commission
Securities Commission of Newfoundland & Labrador
Prince Edward Island Securities Office
MAG Silver Corp.
Report of Voting Results
In accordance with Section 11.3 of National Instrument 51-102 –Continuous Disclosure Obligations, we hereby advise of the results of the voting on the matters submitted to the annual general and special meeting of shareholders of MAG Silver Corp. (the "Company") held on June 22, 2010.
The matters voted upon at the meeting and the results of the voting were as follows:
Item 1: Setting the Number of Directors of the Company
By way of ballot, the setting of the number of directors of the Company to eight (8) wasapproved. The total votes cast by all Shareholders present in person or by proxy were as follows:
| Total Votes |
| Percentage of Votes Cast |
Votes in Favour | 31,497,774 |
| 77.74% |
Votes Against | 9,018,061 |
| 22.26% |
Total Votes Cast | 40,515,835 |
| 100.00% |
Item 2: Election of Directors and Approval of Nominees as Directors
By a vote by way of show of hands, the following individuals were elected as directors of the Company to hold office for the ensuing year or until their successors are elected or appointed:
Eric H. Carlson | Jonathan A. Rubenstein | |
Richard M. Colterjohn | Derek C. White | |
R. Michael Jones | Frank R. Hallam | |
Daniel T. MacInnis | ||
Dr. Peter K. Megaw |
MAG Silver Corp.
Page 2
Item 3: Appointment of Auditors
By a vote by way of show of hands, Deloitte & Touche LLP were appointed the auditors of the Company to hold office until the close of the next annual meeting of shareholders or until their successors are appointed, at a remuneration to be fixed by the directors of the Company.
Item 4: Amendment of the Company’s Stock Option Plan
By way of ballot, the amendment of the MAG Silver Corp. Stock Option Plan, as amended and restated on March 24, 2009, in the manner described in the Management Information Circular dated May 21, 2010, wasapproved. The total votes cast by all Shareholders present in person or by proxy were as follows:
| Total Votes |
| Percentage of Votes Cast |
Votes in Favour | 19,080,508 |
| 53.41% |
Votes Against | 16,646,835 |
| 46.59% |
Total Votes Cast | 35,727,343 |
| 100.00% |
Item 5: Continuation of the Company's Shareholder Rights Plan
By way of ballot, the confirmation, ratification and continuation of the MAG Silver Corp. Shareholder Rights Plan dated August 3, 2007 (the “Rights Plan”), in the manner described in the Management Information Circular dated May 21, 2010, wasapproved. The total votes cast by Independent Shareholders (as defined in the Rights Plan), being all Shareholders present in person or by proxy, were as follows:
| Total Votes |
| Percentage of Votes Cast |
Votes in Favour | 23,294,656 |
| 65.20% |
Votes Against | 12,432,687 |
| 34.80% |
Total Votes Cast | 35,727,343 |
| 100.00% |
Yours very truly,
MAG SILVER CORP.
/s/ “Daniel T. MacInnis”
Daniel T. MacInnis
President & CEO