Mr. Robert Archer reports

GREAT PANTHER SILVER REPORTS FATALITY AT GUANAJUATO

Great Panther Silver Ltd. recorded the fatality of a contract miner that occurred on June 22 due to an isolated rockfall at the Guanajuatito mine, part of the Guanajuato mine complex (GMC) in Mexico.

"We feel great sadness over the loss of one of our colleagues, and we offer our sincere condolences to his family and friends," stated Robert Archer, president and chief executive officer. "The safety of employees and contractors remains the top priority for the company, and we are continuing with a complete safety review across all of our operations that began earlier in the year."

The company is assessing the cause of the incident and has reported it to the relevant authorities. Any necessary steps to prevent the recurrence of such accidents will be taken immediately. Great Panther is fully committed to providing a safe working environment by striving to eliminate safety and health hazards to the fullest extent possible. While the area where the accident occurred has been closed for investigation, the rest of the GMC operations are unaffected.