Great Panther Silver (TSX: GPR) (NYSE American: GPL) (“Great Panther”; or the “Company”) today reported financial results for the Company’s year ended December 31, 2017. The full version of the Company’s consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be viewed on the Company’s website at www.greatpanther.com or SEDAR at www.sedar.com.
All financial information is prepared in accordance with IFRS, except as noted in the Non-GAAP Measures section of the MD&A. All dollar amounts are expressed in US dollars (“USD”), unless otherwise noted.
Jim Bannantine, President and CEO, said:
“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. 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.”
Click here to read the full text release.
The post Great Panther Silver Reports Fiscal Year 2017 Financial Results appeared first on Investing News Network.
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