VANCOUVER, May 9, 2018 /PRNewswire/ - Pan American
Silver Corp. (NASDAQ: PAAS; TSX: PAAS) ("Pan American Silver", or the "Company") today reports that the community road
blockades at the Huaron mine have ended, and the Company expects mine operations will return to normal levels within the next 48
hours. As previously announced on April 27, 2018, operations were suspended on April 24, 2018 due to road blockades instituted by members of the nearby Huayllay community. With oversight
from the Social Affairs General Office of the Peruvian Ministry of Energy and Mines, an agreement was reached with
representatives of the Huayllay community to end the roadblocks.
About Pan American Silver
Pan American Silver Corp. is the world's second largest primary silver producer, providing enhanced exposure to silver
through a diversified portfolio of assets, large silver reserves and growing production. We own and operate six mines in
Mexico, Peru, Argentina and
Bolivia. Pan American maintains a strong balance sheet, has an established management team with
proven operating expertise, and is committed to responsible development. Founded in 1994, the Company is headquartered in
Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol
"PAAS".
For more information, visit: www.panamericansilver.com.
Cautionary Note Regarding Forward-Looking Statements and Information
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of
applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking
statements or information. Forward-looking statements or information in this news release relate to, among other things, the
timing and ability of the Company to resume and continue its operations at the Huaron mine. These forward-looking statements and
information reflect the Company's current views with respect to future events and are necessarily based upon a number of
assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business,
economic and regulatory uncertainties and contingencies. These assumptions include: our ability to successfully resume operations
at the Huaron mine within the specified time period; and the continuation of unimpeded access to the Huaron mine. The foregoing
list of assumptions is not exhaustive.
The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties
and other factors that may cause actual results and developments to differ materially from those expressed or implied by such
forward-looking statements or information contained in this news release and the Company has made assumptions and estimates based
on or related to many of these factors. Certain of these factors are identified under the caption "Risks Related to Pan
American's Business" in the Company's most recent form 40-F and Annual Information Form filed with the United States Securities
and Exchange Commission and Canadian provincial securities regulatory authorities, respectively. Although the Company has
attempted to identify important factors that could cause actual results to differ materially, there may be other factors that
cause results not to be as anticipated, estimated, described or intended. Investors are cautioned against undue reliance on
forward-looking statements or information. Forward-looking statements and information are designed to help readers understand
management's current views of our near and longer term prospects and may not be appropriate for other purposes. The Company does
not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result
of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
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SOURCE Pan American Silver Corp.