Great Panther Mining Limited has been in insolvency proceedings in the Supreme Court of British Columbia since October 4, 2022, when the court granted an initial order commencing them. Alvarez & Marsal Canada Inc. is the monitor and the matter is carried under court file no. S-227894. On an unaudited book-value basis for the parent entity alone, and excluding the GSilver Shares received on August 4, 2022, the company reported total assets of USD 256,491,000 as at July 31, 2022. Asahi Refining Canada Ltd. is the largest listed creditor at CAD 17,100,000, representing 95.5% of total known creditors; Royal Bank of Canada holds CAD 202,000 in a Guaranteed Investment Certificate as collateral for corporate credit cards. The proceedings are active.
The officer filed report no. Fourth Report of the Monitor. The Company has ceased active restructuring efforts after the Coricancha sale collapsed and the CCAA SISP failed to attract any binding offers, and it has now filed the Termination Application to end the CCAA proceedings and make a voluntary assignment into bankruptcy, with the Monitor consenting to act as trustee.
Source: Fourth Report of the Monitor
The officer filed report no. Third Report of the Monitor. GPR continues restructuring under CCAA, advancing a sales and investment solicitation process, pursuing the sale of its Coricancha Mine in Peru to Newrange, supporting its Brazilian subsidiary's judicial reorganization, and maintaining reduced head office operations while seeking a further stay extension to December 16, 2022.
Source: Third Report of the Monitor
The officer filed report no. Second Monitor's Report. GPR is advancing the CCAA SISP and the Coricancha Transaction while funding care and maintenance at the Coricancha Mine, and continues to purchase and sell gold dore to Asahi sourced from Mina Tucano, which is in Brazilian judicial reorganization proceedings. Court file S-227894.
Source: Second Monitor's Report
The officer filed report no. First Report. GPR continues to operate in the ordinary course under CCAA protection, buying and selling gold (Mina Tucano purchases, Asahi sales) while keeping the Coricancha Mine on care and maintenance pending its sale to Newrange and preparing a CCAA SISP to market Mina Tucano. Court file S-227894.
Source: First Monitor’s Report
Debtor
Great Panther Mining Limited
Monitor
Alvarez & Marsal
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada (RBC) · in 586 casesas of NOI filing date — Guaranteed Investment Certificate (GIC) held as collateral for corporate credit cards — Secures corporate credit card facility; amount is the GIC collateral amount, equivalent to approximately US$160,000 — debtor: Great Panther Mining Limited | $202K | d First Report of the Proposal Trustee |
| 8 | Unsecured | |||
| 8 | Unsecured |
2 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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Cumulative receipts
$7.56K USD
As at 13 Oct 2022First Monitor’s Report
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures, and the total the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Fourth Report of the Monitor
| PDF · Subscribers | |
Third Report of the Monitor
| PDF · Subscribers | |
Second Supplemental Report of the Monitor
| PDF · Subscribers | |
d Supplemental Report to the Second Report of the Monitor
| PDF · Subscribers | |
Second Monitor's Report
| PDF · Subscribers | |
First Monitor’s Report
| PDF · Subscribers | |
d First Report of the Proposal Trustee
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Great Panther Mining Limited” (CCAA), Supreme Court of British Columbia. Retrieved 6 November 2026, https://proceedings.ca/case/great-panther-mining-limited
Sources last checked · summary updated 1 September 2026 · Report a correction · Printed from proceedings.ca/case/great-panther-mining-limited
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.