Great Panther Silver Reports Fiscal Year 2017 Financial Results
Our 2017 was a success in that we delivered on our expected production targets and made significant investments in our future, while still maintaining a strong financial position, stated Jim Bannantine, President and CEO. We completed the acquisition of Coricancha, completed plant upgrades and installed a tailings handling facility at Topia, and delivered a significant increase in the Mineral Resource Estimate at the GMC. All of these activities were funded by our operating cash-flow as we improved our cash position, kept our balance sheet debt-free, and delivered a modest increase in revenue and an improvement in earnings, and record production at Topia.