Great Panther Mining made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act following the Supreme Court of BC granting an order terminating of its proceedings under Companies' Creditors Arrangement Act. Alvarez & Marsal Canada Inc. was appointed licensed insolvency trustee of Great Panther's estate. The bankruptcy of [...]
Great Panther Mining announces that it has terminated the Share Purchase Agreement previously reached with Newrange Gold Corp. to sell to Newrange the Company's Peruvian subsidiaries, which together indirectly own the Coricancha Mine, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru. Completion of the Agreement was subject to certain [...]
Great Panther Mining announces that the British Columbia Securities Commission has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 - Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions dated November 18, 2022 in respect of the securities of the Company. The order is the result of [...]
Great Panther Mining announces that the Supreme Court of BC, on application of the Company, has granted an extension of the stay of proceedings under the Companies' Creditors Arrangement Act to Dec 16, 2022, and has approved the previously announced Share Purchase Agreement between Great Panther and Newrange Gold Corp. The Company also announces a [...]
Great Panther Mining announces that the Supreme Court of BC, on application of the Company, has issued a court order granting approval of the Company's proposed Sales and Investment Solicitation Process involving it and, among others, and its wholly-owned subsidiary Mina Tucano Ltda. The SISP Order, among other things, approves the SISP with [...]
Great Panther Mining announces that it has entered into a Share Purchase Agreement with Newrange Gold Corp. to sell to Newrange the Company's subsidiaries, Great Panther Peru Holdings Ltd. and Great Panther Silver Peru which together own Great Panther Coricancha, which in turn holds the Coricancha Mine in Peru. Coricancha, located in the central [...]
Great Panther Mining announces that on Oct 4, 2022, the Supreme Court of BC pronounced an initial order converting the Company's restructuring proceedings under the Bankruptcy and Insolvency Act to the more flexible restructuring proceedings under the Companies' Creditors Arrangement Act. Similar to the stay of proceedings granted in the NOI [...]
Great Panther Mining 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 Sept 30, 2022. In addition, Alan Hair will resign as Interim CEO, effective Oct 17, 2022, and will resume the position of [...]
Great Panther Mining announces that following a delisting review by the Toronto Stock Exchange, the Company's common shares will be delisted from the TSX effective close of market on Oct 27, 2022. Trading of the Shares on the TSX has been suspended since September 6, 2022, as a result of the Company filing a notice of intention to make a proposal [...]
Great Panther Mining reports that it has a received a letter from the New York Stock Exchange 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 and in accordance with the NYSE American Company Guide, NYSE Regulation has determined that the Company's common shares [...]
Great Panther Mining announces that it has signed a non-binding Letter of Intent with Newrange Gold Corp. to sell 100% of the Company's Peruvian subsidiaries, Great Panther Silver Peru and Great Panther Coricancha, which hold the Coricancha Mine in Peru, for a total purchase price of US$750,000 payable in cash. Coricancha, is a past producing mine [...]
Great Panther Mining reports a corporate update following the announcement on Sept 6, 2022, regarding the filing of a notice of intention to seek creditor protection. Judicial Reorganization Great Panther's Brazilian subsidiary, Mina Tucano Ltda. and its two shareholders, Beadell Pty Ltd and Beadell Pty Ltd, has filed a judicial reorganization [...]