Great Panther Silver Names Carsky President, Eliminates COO Position

Great Panther Silver GPL today announced a number of changes to its senior management structure. All appointments are effective immediately. Commenting on the changes, Mr. Robert Archer, CEO stated, "with the growth in size and complexity of our business over the past several years, we recognized the need and the advantages that would come from building a more diverse team to allow us to effectively execute on the Company's strategy of advancing the operations and to take advantage of strategic opportunities. I believe that this management restructuring will enable us to move more quickly towards our goal of becoming a mid-tier primary silver producer."