VANCOUVER, BRITISH
COLUMBIA–(Marketwired – June 27, 2014) – GREAT
PANTHER SILVER LIMITED (TSX:GPR) (NYSE MKT:GPL) (“Great
Panther”; the “Company”) today reports the results of its Annual
and Special Meeting of Shareholders (the “Meeting”) held on June
26, 2014 in Vancouver,
BC.

A total of 74,242,703 votes
were cast representing 53.42% of the issued and outstanding common shares as of
the record date for the Meeting. The election of each director nominee was as
follows:

Shareholders voted in
favour to set the number of directors at six, to appoint KPMG LLP as
auditors, and to authorize the board of directors to fix the auditor’s
remuneration for the ensuing year. Shareholders voted not to approve the
Company’s combined Restricted Share Unit and Deferred Share Unit Plan.

ABOUT GREAT PANTHER

Great
Panther Silver Limited is a primary silver mining and exploration company
listed on the Toronto Stock Exchange under the symbol GPR, and on
the NYSE MKT under the symbol GPL. The Company operates two wholly owned mines
in Mexico: Topia
and Guanajuato. Great
Panther is in the process of developing its San Ignacio Project with
a view to production in the first half of 2014, and has two exploration
projects, El Horcon and Santa
Rosa. The Company is also pursuing additional mining opportunities
within the Americas, with
the goal of adding to its portfolio of mineral properties.

For further information,
please visit the Company’s website at www.greatpanther.com,
or e-mail [email protected].

Contact Information:
Great Panther Silver Limited
Robert Archer President & Chief Executive Officer
1-888-355-1766

Great Panther Silver Limited
Rhonda Bennetto Vice President Corporate Communications
1-888-355-1766
[email protected]
www.greatpanther.com