PAN AMERICAN SILVER DECLARES
FOURTH QUARTERLY DIVIDEND OF 2011
(All amounts in US dollars unless otherwise stated)
Vancouver, British Columbia � November 08, 2011 - Pan American
Silver Corp. (PAAS: NASDAQ; PAA: TSX) (�Pan American� or the �Company�) today
announced that the Company�s Board of Directors has approved the fourth
quarterly dividend of 2011.
The cash dividend, in the amount of $0.025 per share, will be distributed on or
about Monday, December 5, 2011 to holders of record of common shares as of the
close of business on Monday, November 21, 2011. Specific distribution
dates and amounts of future dividends will be determined by the Board on an
The Company�s dividends are designated as eligible dividends for the purposes
of the Income Tax Act (Canada).
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 silver
development project in Chubut, Argentina and is the operator of the La Preciosa
joint venture development project in Durango, Mexico.