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Shareholders Approve Name Change To Great Panther Silver

 

 

Vancouver, BC - (MetalsNews, December 18, 2009) - GREAT PANTHER RESOURCES LIMITED (TSX: GPR, the "Company") is pleased to advise that shareholders overwhelmingly approved changing the Company's name from Great Panther Resources Limited to Great Panther Silver Limited at yesterday's Extraordinary General Meeting.

No change to the Company's capital structure or its symbol is involved. Upon the name change becoming effective as of January 1, 2010, the common shares of the Company will continue to trade on the main board of the Toronto Stock Exchange under the symbol GPR. The new CUSIP for the common shares of Great Panther Silver Limited will be 39115V101 (ISIN CA39115V1013). The Company continues to retain its foreign issuer status with the US SEC.

"We are pleased that our shareholders responded so positively to the new name and we expect it to have a positive impact on investor and market recognition. As the name becomes effective, we will also introduce a new logo and, shortly thereafter, a fresh new look to the Company website", said Bob Archer, GPR's President & CEO.

For further information please visit the Company's website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@greatpanther.com.



ON BEHALF OF THE BOARD


"Kaare Foy"


Kaare G. Foy
Executive Chairman

This news release contains 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 the Securities Act (Ontario) (together, "forward-looking statements"). Such forward-looking statements may include but are not limited to the Company's plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Annual Report on Form 20-F for the year ended December 31, 2008 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

You can also view this News Release on our website at:
http://www.greatpanther.com/s/NewsReleases.asp?ReportID=377890

 





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