Great Panther Silver completes US$29.9 million cross-border equity financing 

 

July 12, 2016

On July 12, 2016, Great Panther Silver Ltd. completed a cross-border bought deal offering of units pursuant to a base shelf prospectus and supplement filed in Canada, and a base shelf prospectus and F-10 registration statement filed in the United States. The transaction was valued at US$29.9 million.

Great Panther Silver was represented by McMillan who acted as both Canadian and U.S. Securities counsel. The McMillan team was co-led by Michael Taylor, Cory Kent and Tom Theodorakis, and included Barb Collins, Daniel Lau, Marina Tran, Michael Shannon and Herb Ono. The team was supported by Linda Rocca, Joni Liew and Margaret Shodiende.

The underwriters included a syndicate led by Cantor Fitzgerald and H.C. Wainwright. The underwriters were represented by Stikeman Elliott LLP for Canadian matters and Cooley LLP for U.S. matters.

Great Panther Silver Limited is a primary silver mining and exploration company listed on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE MKT trading under the symbol GPL. Great Panther's current activities are focused on the mining of precious metals from its two wholly-owned operating mines in Mexico: the Guanajuato Mine Complex, which includes the San Ignacio Mine, and the Topia Mine in Durango.