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Great Panther Mining Ltd
1330 - 200 Granville Street
Phone: (604) 608-1766p:604 608-1766 VANCOUVER, BC  V6C 1S4  Canada Fax: (604) 608-1766f:604 608-1766
Filed for Bankruptcy on 12/16/2022
On 9/6/2022, Great Panther Mining Limited filed a Notice of Intention to Make a Proposal (BIA) under the Bankruptcy and Insolvency Act (Canada)to provide creditor protection while the Company seeks to restructure its affairs. Great Panther Mining Ltd will continue to operate and will remain in control of its business. Alvarez & Marsal Canada Inc. were appointed as the Proposal Trustee pursuant to the BIA to monitor the Company's operations and restructuring.
On 10/4/2022, the Company was granted an initial order to convert its proceedings under the Bankruptcy and Insolvency Act (Canada) into a proceedings under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”). Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was appointed as Monitor in the CCAA Proceedings.
On 12/16/2022, Great Panther Mining Limited made a Voluntary Assignment into Bankruptcy under the Bankruptcy and Insolvency Act (Canada) (the "BIA") following the Supreme Court of British Columbia terminating its proceedings under the Companies' Creditors Arrangement Act (Canada)("CCAA"). Alvarez & Marsal Canada Inc. was appointed licensed insolvency Trustee of Great Panther's estate. The Bankruptcy of Great Panther does not affect Great Panther's subsidiaries, and the Trustee will now exercise the rights of Great Panther as shareholder.
This company is no longer actively traded on any major stock exchange.
Business Summary
Great Panther Mining Limited is a Canada-based company precious metals producer. The Company is focused on the operation of the Tucano Gold Mine in Brazil where the Company controls land package covering approximately 200,000 hectares (ha) in the prospective Vila Nova Greenstone belt. The Company’s projects include Tucano Mine, Coricancha and Plomo project. The Tucano Mine project is located in Amapa State, Brazil, approximately 200 kilometers (km) from Macapa. The Tucano Gold Mine is a mining operation comprising eight open pits, the Urucum North underground project, a processing plant and tailings dam. Mine production to date has been sourced from all pits except Urucum East. The Coricancha project is located in the Province of Huarochiri, approximately 90 km east of Lima and is accessed by the Central National Highway connecting Lima to La Oroya. The Plomo project is in NW Sonora state, Mexico. The Plomo property consists of the Plomo and Plomo II mineral claims and total 4,279ha.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202212/31/2021YesYes---

Industries
SIC Code Description
1041 Gold ores
1021 Copper ores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Interim Chief Executive Officer Alan T.Hair 60 2/25/2022 4/21/2020
Chief Financial Officer SandraDaycock 6/1/2021 6/1/2021
Chief Operating Officer FernandoCornejo 6/1/2021 6/24/2019
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Beadell Resources Ltd.
Cangold Ltd.
GPL
6 additional Business Names available in full report.

General Information
Number of Employees: 1,094 (As of 12/31/2021)
Outstanding Shares: 47,137,066 (As of 8/3/2022)
Shareholders: 159
Stock Exchange: ASE
Fax Number: (604) 608-1766


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Monday, November 11, 2024