Great Panther Announces Management Change
Great Panther Mining Limited announced the departure of Jim Zadra, its Chief Financial Officer, effective March 15, 2021.
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Rhea-AI Summary
Great Panther Mining Limited announced the departure of Jim Zadra, its Chief Financial Officer, effective March 15, 2021. Zadra, who has been with the company since September 2011, was pivotal in the company's transition to a diversified precious metals producer and its acquisition of the Tucano Mine. His responsibilities will be managed by the existing management team, including Shawn Turkington and Sandra Daycock, while a search for a new CFO is conducted. Great Panther focuses on gold and silver production in the Americas, holding assets in Brazil, Mexico, and Peru.
Positive
- Jim Zadra contributed significantly to the company's transition to a diversified precious metals producer.
- Zadra played a key role in the acquisition of the Tucano Mine, adding value to the company.
Negative
- The departure of a long-time CFO may lead to temporary instability during the transition period.
Details
News Market Reaction – GPL
The recorded move for GPL in the trading session of this news was -2.39%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TSX: GPR | NYSE American: GPL
This news release constitutes a "designated news release" for the purposes of Great Panther's prospectus supplement dated July 9, 2019 to its short form base shelf prospectus dated July 2, 2019.
VANCOUVER, BC, March 16, 2021 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company") announces that Jim Zadra, the Company's Chief Financial Officer, has departed the Company effective March 15, 2021. The responsibilities of Mr. Zadra will be transitioned to the Company's existing management team, including Mr. Shawn Turkington, CPA, CA, the Company's Vice President, Finance, and Ms. Sandra Daycock, CPA-CMA, the Company's Vice President, Corporate Finance and Treasury, to support a smooth transition while the Company conducts a formal search for a new Chief Financial Officer.
"Jim has been a member of our executive management team since September 2011. In that time, he has played a leadership role in the Company's transition to a diversified precious metals producer and was integral in the Company's acquisition of the Tucano Mine. We thank him for his contribution over the past nine years and wish him every success in his future endeavours," stated Rob Henderson, President & Chief Executive Officer.
ABOUT GREAT PANTHER
Great Panther is a growing gold and silver producer focused on the Americas. The Company owns a diversified portfolio of assets in Brazil, Mexico, and Peru, including three operating gold and silver mines, four exploration projects, and an advanced development project. Great Panther is actively exploring large land packages in highly prospective districts and is pursuing acquisition opportunities to complement its existing portfolio. Great Panther trades on the Toronto Stock Exchange trading under the symbol GPR, and on the NYSE American under the symbol GPL.
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SOURCE Great Panther Mining Limited
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