Great Panther Silver (TSE:GPR)(AMEX:GPL) said Thursday it has appointed Rhonda Bennetto as vice president of corporate communications.
Under this new role, Bennetto will be one of the key liaisons between
Great Panther and the investment community. Her position takes effect
on April 12.
She will lead corporate communications, as well as develop and
implement internal and external strategies that enhance the company’s
strategic vision of becoming a profitable mid-tier silver producer.
Bennetto has held senior roles with a number of publically traded
companies with a focus on mining and resource assets in Mexico. With
more than 18 years of experience in capital markets and investor
relations, Bennetto has experience in communicating initial public
offerings, mergers and acquisitions, restructurings as well as
Currently, she serves on the board of the Canadian Investor Relations
Institute and is chairman of the Public Relations Advisory Committee
for Mount Royal University.
“We are pleased to welcome Rhonda to our senior management team,” chief executive Robert Archer said in a statement.
“Her broad experience implementing and managing progressive, dynamic
investor relations programs, and extensive knowledge of global capital
markets will strengthen and expand our company's exposure to both retail
and institutional investors.”
Last month, the silver producer recorded an increase in 2011 earnings and revenues as precious metal prices continued to soar.
For the year that ended December 31, Great Panther said net earnings
increased eight percent to $11.5 million while full-year revenues jumped
37 percent to $57.8 million.
The company plans a total of over 45,000 metres of exploration
drilling in 2012 to further define resources, look for vein extensions
and test new targets.
It also expects to release a resource update for the San Ignacio
project in the second quarter of 2012. In October 2011, a NI 43-101
compliant initial mineral resource estimate of 4.5 million silver
equivalent ounces was released for San Ignacio, after drilling 24
diamond core holes.
San Ignacio is expected to realize its potential during 2012 with an
intensive exploration and mine development program being planned, which
the company expects will add to production growth in 2013.
The company, founded in 1965, mainly produces silver. It also
produces gold, lead and zinc. It holds a 100 percent stake in the
Guanajuato silver-gold mine, comprised of roughly 28 claims totalling
1,107-hectares located on the central plateau of Mexico in the state of