Exhibit 99.2
FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1: | Name and Address of Company |
MAG Silver Corp. (“MAG” or the “Company”)
800 West Pender Street, Suite 770
Vancouver, BC V6C 2V6
Item 2: | Dates of Material Change |
April 22, 2020
Item 3: | News Release |
A news release announcing the material change was disseminated on April 22, 2020 through Globe Newswire, and a copy was subsequently filed on SEDAR.
Item 4: | Summary of Material Change |
On April 22, 2020, MAG announced that the Federal Government of Mexico had issued an administrative order for the temporary suspension of all “non-essential activities” until May 30, 2020 as part of its nationwide effort to slow the spread of the COVID-19 virus.
Item 5: | Full Description of Material Change |
5.1 Full Description of Material Change
On April 22, 2020, MAG announced that the Federal Government of Mexico had issued an administrative order for the temporary suspension of all “non-essential activities” until May 30, 2020 as part of its nationwide effort to slow the spread of the COVID-19 virus.
The Juanicipio Project operator, Fresnillo plc, has communicated to MAG that they have been in regular consultation with Mexican Government officials to determine the most appropriate compliance approach while attempting to minimize the overall impacts on project development.
As at April 22, 2020, surface exploration and construction work has been temporarily stopped, and the underground operation has been temporarily reduced to a minimum working level under rigid hygienic protocols.
5.2 Disclosure of Restructuring Transactions
Not applicable
Item 6: | Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 |
Not applicable
Item 7: | Omitted Information |
Not applicable
Item 8: | Executive Officer |
For further information, please contact Michael J. Curlook, VP Investor Relations and Communications, at 604-630-1399.
Item 9: | Date of Report |
April 22, 2020