Great Panther adds $25m to working capital

TSX- and NYSE-listed Great Panther Mining has entered into a $20-million gold doré prepayment agreement with Asahi Refining Canada, a wholly owned subsidiary of Asahi Holdings, as well as a $5-million lead concentrate prepayment agreement with Samsung UK. The new credit facilities contribute an additional $25-million in working capital funding, providing Great Panther with increased financial strength and flexibility to execute on its objectives of replacing resources, extending mine life, and unlocking the regional potential of the Tucano gold mine, in Brazil.