“2018 was a year of significant strategic advancement for Great Panther against the backdrop of a challenging metal price environment,” stated James Bannantine, President and CEO. “Significantly lower silver prices and higher costs driven by geology at our Guanajuato Mine in the third quarter reduced mine operating earnings year-over-year. Furthermore, we continued to fully expense the advancement of our Coricancha project in Peru. These factors were the primary contributors to our loss this year. With regard to our costs in Mexico, we took quick action to implement cost reduction and restructuring measures and started to realize cost reductions in the fourth quarter. We also invested significantly in corporate development, which culminated in a transformational deal to acquire Beadell Resources Limited that will formally close in early March. As a result of these initiatives, 2019 will represent a historic year of change for Great Panther that will see the Company become a growth-oriented intermediate precious metals producer in Latin America.”

“The Company’s strong financial position has provided us the opportunity to grow our future production through the advancement of our portfolio” stated Ewan Downie, President & CEO. “With two new mines under construction at South Arturo, and permitting underway at Cove and Hardrock, we expect to see significant increases in our future production profile”.

“We are excited to work with InProved to access institutional investors and Asian investor markets, with the intent of completing a non-dilutive financing for the construction of a pilot gold operation at our Cerro Caliche project,” said Kenneth MacLeod, President and CEO of Sonoro. “Our goal is to mitigate shareholder dilution by using revenues from the proposed operation to fund future exploration and development at our Cerro Caliche and San Marcial properties.”

Gold Resource Corporation announced today that it will hold its annual meeting of shareholders at 8:00 a.m. Mountain Time on Thursday, June 20, 2019 at Embassy Suites located at 10250 East Costilla Avenue, Centennial, CO 80112. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.