Toronto:GPR

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 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.

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").

Great Panther Mining Receives Delisting Notice from NYSE American

Retrieved on: 
Wednesday, September 14, 2022

VANCOUVER, BC, Sept. 14, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), reports that it has a received a letter from the New York Stock Exchange (the "NYSE") notifying the Company that as a result of the filing of a notice of intention to make a proposal under the Bankrupcy and Insolvency Act (Canada) (the "BIA") and in accordance with the NYSE American Company Guide, NYSE Regulation has determined that the Company's common shares (the "Shares") will be delisted from the NYSE American LLC ("NYSE American").

Key Points: 
  • VANCOUVER, BC, Sept. 14, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), reports that it has a received a letter from the New York Stock Exchange (the "NYSE") notifying the Company that as a result of the filing of a notice of intention to make a proposal under the Bankrupcy and Insolvency Act (Canada) (the "BIA") and in accordance with the NYSE American Company Guide, NYSE Regulation has determined that the Company's common shares (the "Shares") will be delisted from the NYSE American LLC ("NYSE American").
  • The NYSE also notified the Company that trading of the Shares has been halted as of September 13, 2022.
  • The Company has elected not to appeal NYSE Regulation's determination.
  • A Form 25 will be filed with the Securities and Exchange Commission, which will remove the Shares from listing and registration on the NYSE.

Great Panther Announces 2022 AGM Results

Retrieved on: 
Thursday, June 30, 2022

For more information see the Management Information Circular dated May 16, 2022, available on the Company's website at www.greatpanther.com/investors/agm .

Key Points: 
  • For more information see the Management Information Circular dated May 16, 2022, available on the Company's website at www.greatpanther.com/investors/agm .
  • Great Panther is a growing gold and silver producer focused on the Americas.
  • Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio.
  • Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.

Great Panther Announces Agreement to Sell the Guanajuato Mine Complex and Topia Mine in Mexico

Retrieved on: 
Wednesday, June 29, 2022

"Furthermore, GSilver's processing and tailings facilities in the district provide the platform for a near-term re-start of operations at the GMC.

Key Points: 
  • "Furthermore, GSilver's processing and tailings facilities in the district provide the platform for a near-term re-start of operations at the GMC.
  • Our capital allocation priorities are focused on Tucano as this is where we see the greatest value creation potential for our stakeholders.
  • Great Panther has engaged GenCap Mining Advisory Ltd. as its sole financial advisor and McCarthy Ttrault LLP and RB Mexico Law-Abogados as its legal advisors in connection with the Agreement.
  • Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR and on the NYSE American under the symbol GPL.

Great Panther Recognized for Executive Gender Diversity by The Globe and Mail's "Women Lead Here" Benchmark

Retrieved on: 
Friday, March 25, 2022

This annual editorial benchmark identifies best-in-class executive gender diversity in corporate Canada.

Key Points: 
  • This annual editorial benchmark identifies best-in-class executive gender diversity in corporate Canada.
  • "We are proud of this achievement and recognition by The Globe and Mail as we strive to support diversity, including gender diversity across the organization," stated Alan Hair, Great Panther's Chair and Interim CEO.
  • Established in 2020 by Report on Business magazine, the Women Lead Here initiative highlights Canadian corporations that have made tangible, systemic, organizational progress related to executive gender parity and have the highest degree of gender diversity among executive ranks.
  • In total, 74 companies earned the 2022 Women Lead Here seal, with a combined average of 46% of executive roles held by female-identifying individuals.