Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) reported on Tuesday that two independent proxy advisory firms have shown their support for the miner’s new shareholder plan.
Both Institutional Shareholder Services and Glass Lewis & Co recommended that Great Panther shareholders vote in favour of the company’s amended and reinstated Shareholder Rights Plan, as well as other items to be considered at the upcoming annual general meeting.
ISS and Glass Lewis are both leading independent proxy advisory firms that provide voting recommendations to pension funds, investment managers and institutional shareholders.
Great Panther’s annual general meeting is being held on June 24 in downtown Vancouver.
The company encouraged shareholders to vote using the internet or telephone ahead of the meeting.
The intermediate miner produces precious metals from its three operating mines: Tucano in Brazil, and Guanajuato and Topia, both in Mexico. Great Panther is also considering restarting the Coricancha project in Peru and expects to make a decision in June 2019.
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