GPL - Research - Great Panther Mining Limited (GPL) - Prepayment Agreements Enhance Liquidity and Underscore Operational Confidence
Prepayment agreements enhances financial flexibility. Great Panther announced prepayment agreements with affiliates of IXM Group and Samsung amounting to $21.25 million in aggregate. The proceeds will enhance Great Panther's liquidity and be used to advance its 2020 strategic initiatives.Well-regarded counter-parties. In our view, the terms of the prepayment agreements are appropriate and underscore the confidence that these two well-recognized industry leaders have in Great Panther Mining, its operations and management. Both IXM and Samsung are respected throughout the industry and...Read More >>