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VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 15, 2011) – Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) (“Pan American” or the “Company”) today announced that it has filed amended and restated unaudited interim financial statements for the three months ended March 31, 2011 to include additional disclosure in Note 2 relating to an International Financial Reporting Standards (“IFRS”) to Canadian GAAP reconciliation of equity as at March 31, 2010, as required by IFRS 1 paragraph 32(a)(i).


All other information contained in the originally filed unaudited condensed interim financial statements remains unchanged. The additional disclosure does not impact the condensed consolidated statement of financial position, condensed consolidated income statement, condensed consolidated statement of cash flows nor condensed consolidated statements of shareholders’ equity as previously filed.


About Pan American Silver


Pan American Silver’s mission is to be the world’s largest and lowest cost primary silver mining company by increasing its low cost silver production and silver reserves. The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia. Pan American also owns the Navidad silver development project in Chubut, Argentina and is the operator of the La Preciosa development project in Durango, Mexico.

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