PRESS RELEASE

Court approves Pan American Silver's Tahoe takeover

By
Friday, January 11, 2019

PRESS RELEASE

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Tahoe Resources Inc. ("Tahoe") (TSX: THO) (NYSE: TAHO) is pleased to announce that earlier today the Supreme Court of British Columbia issued its final order approving the proposed transaction (the "Arrangement") whereby Pan American Silver Corp. ("Pan American") will acquire all of the issued and outstanding shares of Tahoe.

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Both Tahoe and Pan American shareholders approved the Arrangement at their respective special meetings held earlier this week. Subject to the satisfaction or waiver of all conditions precedent to the Arrangement, including receipt of approval from the Mexican Federal Economic Competition Commission, the Arrangement is anticipated to be completed on or about February 26, 2019.

About Tahoe Resources Inc.

Tahoe Resources is a mid-tier precious metals company with a diverse portfolio of mines and projects in Canada, Guatemala and Peru. Tahoe is led by experienced mining professionals dedicated to creating sustainable value for all of its stakeholders through responsible mining. The company is listed on the TSX ("THO") and NYSE ("TAHO") and is a member of the S&P/TSX Composite, the TSX Global Mining indices and the Russell 2000 on the NYSE.