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October 10, 2012
08:11 EDTGPLGreat Panther Silver reports Q3 production results
The company provided a snapshot of production results for Q3 of 2012 compared to Q3 2011: Ore processed at the two operations, Guanajuato and Topia, was up 9% to 58,307 tonnes. Overall metal production was up 22% to 592,586 Ag eq oz. Gold production was up 102% to 3,015 ounces. Silver production was up 8% to 371,857 ounces. Guanajuato ore grades of 188 g/t Ag and 2.22g/t Au, or 321g/t Ag eq were up 32%. Guanajuato achieved very good metallurgical recoveries of 90.9% and 91.9% for silver and gold respectively. Ore processed at Topia was up 22% from Q3 2011, to 14,593 tonnes. And, Topia ore grades were down 19% to 442g/t Ag eq.
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April 15, 2015
08:39 EDTGPLGreat Panther Silver reports Q1 production results at two Mexican silver mines
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April 13, 2015
08:41 EDTGPLGreat Panther Silver to acquire Cangold
Cangold and Great Panther Silver announce that further to the binding letter agreement announced on February 26, they have entered into a definitive arrangement agreement pursuant to which Great Panther will, subject to the terms and conditions of the Arrangement Agreement, acquire all of the issued and outstanding common shares of Cangold by way of a court-approved plan of arrangement. The transaction will result in Great Panther adding more than 6,000 hectares of the advanced stage Guadalupe de los Reyes Gold-Silver Project to its existing portfolio of projects and two primary silver producing mines in Mexico at Guanajuato and Topia. The transaction also adds Cangold's Plomo Gold Project in Mexico, and its past-producing Argosy Gold Mine in the Red Lake Mining Division of northeastern Ontario, Canada. The Arrangement will be carried out by way of a court-approved plan of arrangement under the provisions of the Business Corporations Act. Under the terms of the Arrangement, Cangold shareholders will receive 0.05 common shares of Great Panther for each common share of Cangold held resulting in the issuance of approximately 2,139,030 Great Panther Shares in exchange for 42,780,600 Cangold Shares. In addition, each outstanding option and warrant to acquire Cangold Shares will entitle the holder thereof to receive, upon the exercise thereof, 0.05 Great Panther Shares in lieu of each Cangold Share, at a price adjusted in accordance with the Exchange Ratio, and otherwise on the same terms and conditions as the original option or warrant. The Great Panther Shares to be issued represent approximately 1.5% of the current number of Great Panther Shares issued and outstanding. Total share consideration is valued at approximately $1.7M.
08:35 EDTGPLGreat Panther Silver to acquire common shares of Cangold
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