Announced
Completed
Synopsis
Great Panther Silver, a primary silver mining and exploration company listed on the Toronto Stock Exchange, completed the acquisition of Beadell Resources, a gold development company, for c. $100m. "We are very pleased to close this important transaction that immediately transforms Great Panther into an intermediate precious metals producer with a strong and diversified portfolio of producing mines, advanced stage growth projects, and exploration assets. Combining Great Panther and Beadell's respective guidance adds to approximately 200,000 of gold equivalent ounces for 2019 and positions the Company in the ranks of intermediate producers(1). Our focus in the near-term will be on the integration of the Brazilian operations, the continued optimization of the Tucano gold mine, and advancing an exploration program to unlock the significant exploration potential of Tucano," James Bannantine, Great Panther Silver President and CEO.
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