Precious metals miner Great Panther has announced board and management changes as part of its ongoing strategic initiative to reposition the company.
Three of its directors, Elise Rees, Kevin Ross and Dana Williams, have each resigned from the board, with effect from September 30.
In addition, Alan Hair will resign as interim CEO, with effect from October 17, and will resume the position of nonexecutive chairperson of the board.
Sandra Daycock will assume the role of president and CEO and will resign from the position of CFO.
Shawn Turkinton, the company’s VP for finance, will become CFO.
Great Panther is facing liquidity constraints and recently filed for creditor protection. Its focus is on the Tucano gold mine, in Brazil, but it has faced several operational challenges.