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March 17, 2014
08:13 EDTGPLGreat Panther resumes full operation of mine, plant facilities in Guanajuato
Great Panther Silver announces that the company has resumed full operation of the mine and plant facilities at its Guanajuato Mine Complex in Mexico. Since recovering the company's main administration building and plant facility in Guanajuato on Thursday March 13, from the illegal occupation that began March 9, employees and contractors have worked diligently to assess the condition of the facilities and return them to full operation as quickly as possible. The company is working with the authorities as they conduct an investigation into the illegal occupation.
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May 19, 2015
08:35 EDTGPLGreat Panther Silver signs two-year option agreement with Nyrstar
Great Panthe has signed a two-year option agreement with Nyrstar whereby the Company can acquire a 100% interest in the Coricancha Mine Complex, approximately 90 kilometres east of the city of Lima. The Coricancha Mine has been on care and maintenance since August 2013 and has fully permitted and operational 600 tonne per day flotation and BIOX bio-leach plants along with supporting mining infrastructure. Under the terms of the option agreement, Great Panther made an initial cash payment of $1.5M on signing. A second option payment of $1.5M is due on the first anniversary of signing to extend the option for a second year. Should Great Panther exercise the option on or before the second anniversary, an already negotiated Share Purchase Agreement would take effect whereupon Great Panther would make a cash payment of $5M for 100% of the shares of Nyrstar Coricancha. Nyrstar Coricancha holds all the assets of the Coricancha Mine Complex. There is a further contingent payment of $4M payable to Nyrstar under certain conditions. In addition to the cash payments, the option agreement calls for exploration expenditures of $2M in the first year of the option and $3M in the second year.

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