Great Panther Mining Ltd GPLDF

Metals & Mining Gold

Great Panther Mining Limited is a Canada-based precious metals producer focused on the operation of the Tucano Gold Mine in Brazil. The Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt. The Company has three wholly owned mining operations including the Tucano gold mine, which produces gold dore and is located in Amapa State in northern Brazil. In Mexico, Great Panther operates the Topia mine in the state of Durango, which produces concentrates containing silver, gold, lead and zinc, and the Guanajuato Mine Complex (the GMC) in the state of Guanajuato. The GMC comprises the Guanajuato mine, the San Ignacio mine, and the Cata processing plant, which produces silver and gold concentrates. The Company also wholly owns the Coricancha Mine Complex, a gold-silver-copper-lead-zinc mine and processing facility in the central Andes of Peru. It has a portfolio of exploration projects: El Horcon property, Santa Rosa, and Plomo property.

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Great Panther Mining Ltd

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Post by xyz_trader1on Jul 10, 2019 5:48pm

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Great Panther

Great Panther launches $25M at-the-market offering

Jul. 10, 2019 9:19 AM ET |About: Great Panther Mining Limited (GPL)|By: Carl Surran, SA News Editor

Great Panther Mining (NYSEMKT:GPL) -6.1% pre-market after announcing an at-the-market offering of as much as US$25M.

GPL says it plans to use the net proceeds of the offering for operational and capital expenditures, to maintain working capital balances and for general corporate purposes.

GPL also reports a 195% Q/Q increase in Q2 gold equiv. production to 39.9K oz., reflecting the March acquisition of the Tucano gold mine.

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