Mr. Robert Archer reports

GREAT PANTHER REPORTS FATALITY AT ITS TOPIA MINE

There was a fatal accident at Great Panther Silver Ltd.'s Topia mine in Durango state, Mexico, on Nov. 1, 2014. A contract miner was struck by falling rock that came dislodged while he was working in a raise at the Hormiguera underground mine, one of 10 independent mines comprising the company's Topia mine district.

All underground activities at Hormiguera were immediately suspended and secured. Appropriate governmental authorities have been contacted and formal investigations are under way. The accident area remains closed, however operations in other areas of the Topia mine have not been affected.

"Our heartfelt sympathy and condolences go out to the family, colleagues, and friends of our miner and our entire team at Topia," stated Robert Archer, president and chief executive officer. "The tragedy of this accident is heightened by the fact that this is the second fatality at Topia this year. Following the first accident, we conducted an independent safety review and implemented a number of protocols to improve safety. We obviously still have work to do and we will continue to strive to reduce the potential for future safety risks."

Once the investigations are complete, the company will implement any additional safety procedures recommended to prevent such an accident from recurring at any of the company's operations. Improving safety for the company's employees and reducing risk of accidents will remain a top priority for Great Panther.

We seek Safe Harbor.