Great Panther has had a commercial relationship with Auramet for several years.
Great Panther Silver president & CEO Robert Archer said: "Great Panther has a strong balance sheet with no debt and approximately $35 million (Canadian dollars) of net working capital.
"The Auramet facility provides the Company with greater financial flexibility and, in particular, more options with regard to the pricing and the timing of the pricing of our concentrate sales."
The facility has a term of one year and interest on borrowings under the facility is payable at the rate of three month Libor plus 5%. The Company has not drawn on the facility at this time.
