Great Panther Mining

Orezone Enhances Management Team

Retrieved on: 
Thursday, January 5, 2023

Patrick Downey, President and CEO stated, “I am extremely pleased that Rob and Kevin have joined our team.

Key Points: 
  • Patrick Downey, President and CEO stated, “I am extremely pleased that Rob and Kevin have joined our team.
  • Both are well-regarded industry professionals with significant worldwide experience in management, operations, exploration, capital markets and M&A.
  • Rob will lead Orezone’s technical teams, ensuring ongoing operational excellence, and provide technical and management leadership as we advance Bomboré through the planned major sulphide expansion.
  • Prior to joining Orezone, Mr. MacKenzie held the position of Managing Director, Metals & Mining Equity Analyst at Canaccord Genuity.

Great Panther Makes Voluntary Assignment into Bankruptcy Under the Bankruptcy and Insolvency Act (Canada)

Retrieved on: 
Friday, December 16, 2022

VANCOUVER, BC, Dec. 16, 2022 /PRNewswire/ -Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act (Canada) (the "BIA") following the Supreme Court of British Columbia granting an order terminating of its proceedings under Companies' Creditors Arrangement Act (Canada) (the "CCAA").

Key Points: 
  • VANCOUVER, BC, Dec. 16, 2022 /PRNewswire/ -Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act (Canada) (the "BIA") following the Supreme Court of British Columbia granting an order terminating of its proceedings under Companies' Creditors Arrangement Act (Canada) (the "CCAA").
  • Alvarez & Marsal Canada Inc. was appointed licensed insolvency trustee of Great Panther's estate (the "Trustee").
  • The bankruptcy of Great Panther does not affect Great Panther's subsidiaries, and the Trustee will now exercise the rights of Great Panther as shareholder.
  • Prior to its application to terminate the CCAA proceeding and the assignment into bankruptcy, Alan Hair, Joseph Gallucci, Trudy Curran, and John Jennings resigned from the Company's board of directors.

Great Panther Mining Announces Termination of Share Purchase Agreement

Retrieved on: 
Friday, November 25, 2022

VANCOUVER, BC, Nov. 25, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that it has terminated the Share Purchase Agreement (the "Agreement") previously reached with Newrange Gold Corp. ("Newrange") to sell to Newrange the Company's Peruvian subsidiaries, which together indirectly own the Coricancha Mine in Peru, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru S.A.C.

Key Points: 
  • VANCOUVER, BC, Nov. 25, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that it has terminated the Share Purchase Agreement (the "Agreement") previously reached with Newrange Gold Corp. ("Newrange") to sell to Newrange the Company's Peruvian subsidiaries, which together indirectly own the Coricancha Mine in Peru, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru S.A.C.
  • Completion of the Agreement was subject to certain closing conditions including, but not limited to, the approval of the TSX Venture Exchange as well as evidence of sufficient financing to support the transaction.
  • Great Panther Mining is a precious metals producer focused on the operation of the Tucano Gold Mine in Brazil where the Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/great-panther-mining-announces-...

Great Panther Announces Cease Trade Order

Retrieved on: 
Wednesday, November 23, 2022

VANCOUVER, BC, Nov. 22, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that the British Columbia Securities Commission (the "BCSC") has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions(the "CTO") datedNovember 18, 2022 in respect of the securities of the Company.

Key Points: 
  • VANCOUVER, BC, Nov. 22, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that the British Columbia Securities Commission (the "BCSC") has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions(the "CTO") datedNovember 18, 2022 in respect of the securities of the Company.
  • The order is the result of Great Panther's inability to file its interim financial results for the quarter endedSeptember 30, 2022, and the related management's discussion and analysis and CEO and CFO certificates (collectively, the "Q3 Filings") by the prescribed deadline ofNovember 14, 2022.
  • Holders of Great Panther securities are urged to consult with their own investment advisors or legal counsel about the implications of the CTO.
  • Great Panther Mining is a precious metals producer focused on the operation of the Tucano Gold Mine in Brazil where the Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt.

Great Panther Announces Extension of Stay under CCAA Proceedings and Provides Corporate Update

Retrieved on: 
Friday, November 4, 2022

During the Stay, the Company will launch a Sale Investment and Solicitation Process, or "SISP," which has been announced via a separate news release.

Key Points: 
  • During the Stay, the Company will launch a Sale Investment and Solicitation Process, or "SISP," which has been announced via a separate news release.
  • In addition to granting the Stay, the Court authorized the completion of the SPA, pursuant to which the Company has agreed to sell Great Panther Peru Holdings Ltd. and Great Panther Silver Peru S.A.C.
  • Mr. Cornejo joined Great Panther in July 2019 and became Chief Operating Officer in July 2021.
  • Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was appointed as monitor in the CCAA Proceedings.

Great Panther Announces Commencement of Court Approved Sales and Investment Solicitation Process

Retrieved on: 
Friday, November 4, 2022

VANCOUVER, BC, Nov. 4, 2022 /PRNewswire/ -Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that the Supreme Court of British Columbia (the "Court"), on application of the Company, has issued a court order (the "SISP Order") granting approval of the Company's proposed Sales and Investment Solicitation Process (the "SISP") involving it and, among others, and its wholly-owned subsidiary Mina Tucano Ltda.

Key Points: 
  • VANCOUVER, BC, Nov. 4, 2022 /PRNewswire/ -Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that the Supreme Court of British Columbia (the "Court"), on application of the Company, has issued a court order (the "SISP Order") granting approval of the Company's proposed Sales and Investment Solicitation Process (the "SISP") involving it and, among others, and its wholly-owned subsidiary Mina Tucano Ltda.
  • The SISP will primarily be conducted over a marketing period of approximately twelve (12) weeks in the aggregate, with Phase 1 occurring over a period of five (5) weeks.
  • There is no assurance that these forward-looking statements will prove accurate or that actual results will not vary materially from these forward-looking statements.
  • Accordingly, readers are cautioned not to place undue reliance on forward looking statements.

Great Panther Announces Agreement to Sell the Coricancha Mine in Peru

Retrieved on: 
Wednesday, October 26, 2022

VANCOUVER, BC, Oct. 26, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that it has entered into a Share Purchase Agreement (the "Agreement") with Newrange Gold Corp. ("Newrange") to sell to Newrange the Company's subsidiaries, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru S.A.C.

Key Points: 
  • VANCOUVER, BC, Oct. 26, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that it has entered into a Share Purchase Agreement (the "Agreement") with Newrange Gold Corp. ("Newrange") to sell to Newrange the Company's subsidiaries, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru S.A.C.
  • (the "Subsidiaries"), which together own Great Panther Coricancha S.A.C., which in turn holds the Coricancha Mine in Peru.
  • Coricancha, located in the central Andes of Peru approximately 90 kilometres east of Lima, is a past producing mine which the Company acquired in June 2017 and has remained in care and maintenance since then.
  • Under the terms of the Agreement, Newrange will acquire the Subsidiaries for a total purchase price of US$750,000 (the "Transaction"), payable in cash.

Aquis Stock Exchange: Application for Admission Announcement

Retrieved on: 
Monday, October 10, 2022

In respect of a fast-track applicant, the following information should also be included:

Key Points: 
  • In respect of a fast-track applicant, the following information should also be included:
    NAME OF MARKET ON WHICH THE APPLICANTS SECURITIES ARE CURRENTLY TRADED:
    ARRANGEMENTS FOR THE SETTLEMENT OF TRANSACTIONS IN THE APPLICANTS SECURITIES:
    DETAILS OF ANY LOCK-IN ARRANGEMENTS:
    On August 4, 2022, the Company issued a total of 25,787,2000 common shares to Great Panther as partial consideration for the purchase of Great Panthers Mexican mining assets.
  • Such shares are subject to voluntary hold periods as follows:
    12,893,600 shares expiring December 5, 2022
    6,446,800 shares expiring April 4, 2023
    6,446,800 shares expiring August 4, 2023
    In connection with the Companys brokered equity financing completed in conjunction with the Great Panther transaction noted above, the following directors and officers of the Company have agreed with the brokers to a voluntary 120-day lock-up period on all of their respective shares of the Company expiring November 18, 2022:

Great Panther Mining Announces Board and Management Changes

Retrieved on: 
Friday, September 30, 2022

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 15, 2021, to its short form base shelf prospectus dated September 10, 2021.

Key Points: 
  • This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 15, 2021, to its short form base shelf prospectus dated September 10, 2021.
  • VANCOUVER, BC, Sept. 30, 2022 /PRNewswire/ - Great Panther Mining Limited (OTCPK: GPLDK) ("Great Panther" or the "Company") announces that as part of its ongoing strategic initiative to reposition the Company, three of its directors, Elise Rees, Kevin Ross and Dana Williams, have each resigned from the Board, effective September 30, 2022.
  • In addition, Alan Hair will resign as Interim Chief Executive Officer ("CEO"), effective October 17, 2022 (the "Effective Date"), and will resume the position of Non-Executive Chair of the Board.
  • Great Panther Mining is a precious metals producer focused on the operation of the Tucano Gold Mine in Brazil where the Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt.

Great Panther Mining Receives Delisting Notice from the Toronto Stock Exchange

Retrieved on: 
Tuesday, September 27, 2022

VANCOUVER, BC, Sept. 27, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (OTCPK: GPLDK) ("Great Panther" or the "Company"), announces that following a delisting review by the Toronto Stock Exchange ("TSX"), the Company's common shares (the "Shares") will be delisted from the TSX effective close of market on October 27, 2022.

Key Points: 
  • VANCOUVER, BC, Sept. 27, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (OTCPK: GPLDK) ("Great Panther" or the "Company"), announces that following a delisting review by the Toronto Stock Exchange ("TSX"), the Company's common shares (the "Shares") will be delisted from the TSX effective close of market on October 27, 2022.
  • This suspension will continue until the delisting takes effect.
  • As previously announced, the Shares were delisted from the NYSE American LLC ("NYSE American") on September 14, 2022.
  • The Shares are currently quoted on the OTC Pink operated by the OTC Markets Group Inc. (the "OTC Pink").