GREAT PANTHER SILVER ANNOUNCES AGREEMENT WITH MACA LIMITED IN CONNECTION WITH ACQUISITION OF BEADELL RESOURCES

GreatPanther_20112018_nr

VANCOUVERNov. 19, 2018 /CNW/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE American: GPL) (“Great Panther”; the “Company”) announces that it has reached an agreement (the “Agreement”) with MACA Limited (“MACA”) on modifications to MACA’s outstanding loan (the “Loan”) due from Beadell Resources Limited (“Beadell”). As noted in the press release dated September 23, 2018 announcing Great Panther’s friendly acquisition of Beadell (the “Acquisition”), closing of the transaction is conditional on receipt of certain approvals and consents on terms acceptable to Great Panther, the Loan being among these.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s