Pan American Silver announces changes to its board of
directors
Pan American Silver Corp. announced the following changes to
its Board of Directors:
After 11 years of dedicated service,
Mr. Michael Larson will be retiring from Pan American?s Board of Directors effective December 31, 2010.
Mr. Michael Carroll, a
Certified Public Accountant, will be appointed to the Board of Directors to
replace Mr. Larson effective January 1, 2011. Mr. Carroll has over 30
years of financial management experience, primarily with publicly traded
multi-national companies like Homestake Mining
Company, Bond International Gold and Centenario
Copper Corporation. His professional expertise includes equity and debt
financing, mergers and acquisitions, strategic planning, GAAP and regulatory
reporting, among others.
Commenting on the changes, Mr. Ross Beaty, Pan American?s
founder and Chairman of the Board said, ?Michael Larson has been a great
supporter of Pan American and a long-standing member of our Board of
Directors. During his tenure with us, Michael?s numerous contributions helped us shape and execute
on the growth strategy that made us the world?s second-largest
primary silver mining company today.?
Geoff Burns, President & CEO added, ?What made Michael so valuable to Pan American was
his business acumen and his dedication to creating and increasing value for our
shareholders. We thank him for his dedication to our Company over the
years and wish him well in the future. In addition, I would like to
welcome Michael Carroll to our Board; I am completely confident that he will
meaningfully contribute to Pan American?s
continued growth and success.?
About Pan American
Pan
American Silver?s mission is
to be the world?s largest and lowest cost primary
silver mining company by increasing its low-cost silver production and silver
reserves. The Company has seven operating mines in Mexico, Peru,
Argentina and Bolivia. Pan American also owns the Navidad
project in Chubut, Argentina and is the operator of the La Preciosa
project in Durango, Mexico.
Information Contact
Kettina
Cordero
Coordinator, Investor Relations
(604) 684-1175
info@panamericansilver.com
www.panamericansilver.com