Great Panther Mining Ltd (GPLDF)

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Great Panther Silver Secures US Listing on NYSE Amex


VANCOUVER, BRITISH COLUMBIA -- (MARKETWIRE) -- 02/07/11 --

GREAT PANTHER SILVER LIMITED (TSX: GPR)(NYSE Amex: GPL) (the "Company") is
pleased to announce that its common shares have been authorized for listing on
the NYSE Amex stock exchange in the United States. The Company expects the
shares to begin trading on or about February 8, 2011 under the trading symbol
"GPL". The Company will retain its listing on the Toronto Stock Exchange (TSX)
in Canada under the trading symbol "GPR".

"With a significant number of US shareholders already in place, the increased
exposure anticipated from Great Panther's NYSE Amex listing will further expand
the Company's shareholder base and provide US investors, in particular, many of
whom have a serious interest in the ownership of silver and silver equities,
with a simpler opportunity to trade the common shares of a solid company with
strong leverage to silver prices," said Executive Chairman, Kaare Foy.

"We welcome Great Panther Silver to NYSE Amex," said John Casale, Vice
President - NYSE Euronext, "and expect that this listing will benefit the
Company by providing greater access to institutional and retail investors."

Robert Archer, President and CEO, commented today: "Great Panther's listing
on the NYSE Amex is both a milestone and a logical step in the successful
development of the Company. It is also a testament to the talent and dedication
of our entire team and something that they should all be proud of. As Great
Panther continues to expand its production and resources through mine
development, new discoveries and acquisitions, we anticipate that the new
listing will facilitate greater trading volumes, visibility and market
recognition."

Great Panther Silver Limited is a profitable and rapidly growing primary
silver producer operating two 100%-owned mines in Mexico. Its flagship
operation, the Guanajuato Mine Complex, forms part of the Guanajuato mining
district, historically, the second largest silver producing region in Mexico,
having produced more than one billion ounces of silver since the year 1600.
Great Panther generates approximately 70% of its revenue from silver and 23%
from gold, making it very much a precious metals company. A small amount of
lead-zinc is also produced as a by-product at the Company's Topia Mine in
Durango State.

For further information, please visit the Company's website at
www.greatpanther.com.

ON BEHALF OF THE BOARD

Robert A. Archer, President & CEO

This news release contains forward-looking statements within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
forward-looking information within the meaning of the Securities Act (Ontario)
(together, "forward-looking statements"). Such forward-looking statements may
include but are not limited to the Company's plans for production at its
Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico,
the overall economic potential of its properties, the availability of adequate
financing and involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements expressed or
implied by such forward-looking statements to be materially different. Such
factors include, among others, risks and uncertainties relating to potential
political risks involving the Company's operations in a foreign jurisdiction,
uncertainty of production and cost estimates and the potential for unexpected
costs and expenses, physical risks inherent in mining operations, currency
fluctuations, fluctuations in the price of silver, gold and base metals,
completion of economic evaluations, changes in project parameters as plans
continue to be refined, the inability or failure to obtain adequate financing
on a timely basis, and other risks and uncertainties, including those described
in the Company's Annual Report on Form 20-F for the year ended December 31,
2009 and reports on Form 6-K filed with the Securities and Exchange Commission
and available at www.sec.gov and Material Change Reports filed with the
Canadian Securities Administrators and available at www.sedar.com.

Contacts: BD Capital 604-685-6465 Great Panther Silver Limited
1-888-355-1766 [e-mail] www.greatpanther.co

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(END) Dow Jones Newswires

02-07-11 0851ET

08:51 020711