VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 14, 2005) - GREAT PANTHER RESOURCES LIMITED (TSX VENTURE:GPR) (the "Company") has increased its brokered private placement announced on July 20, 2005 to 12,363,000 units from 11,500,000.
As announced earlier today, the Company has closed the first tranche of 8,068,000 units at $0.45 per unit for gross proceeds of $3,630,600. The balance of 4,295,000 units will be offered in a second tranche. The terms of the second tranche will be the same as the terms of the first tranche.
ON BEHALF OF THE BOARD
Kaare G. Foy, Chairman and CFO
SEC 20-F Statement Filed
Standard & Poor's Listed
FOR FURTHER INFORMATION PLEASE CONTACT:
Great Panther Resources Limited
Brad Aelicks
(604) 685-6465
Great Panther Resources Limited
Don Mosher
(604) 685-6465
(604) 685-9744 (FAX)
info@greatpanther.com
www.greatpanther.com
