August 27, 2016 4:49 PM ET

Metals and Mining

Company Overview of Cangold Ltd.

Company Overview

Cangold Limited, a junior mining exploration company, engages in the acquisition, exploration, and development of gold projects in Mexico and Canada. The company owns 100% interests in the Plomo property covering 4,279 hectares located in north-western Sonora, Mexico; and the Argosy Mine property consisting of 101 claim units located in northern Ontario, Canada. It also owns an option to acquire a 100% interest in the Guadalupe de los Reyes project located in Sinaloa State, Mexico. The company is based in Vancouver, Canada. Cangold Limited is a subsidiary of Great Panther Silver Limited.

333 Seymour Street

Suite 800

Vancouver, BC V6B 5A6

Canada

Phone:

604-638-8967

Fax:

604-608-1744

Key Executives for Cangold Ltd.

Chief Executive Officer, President and Executive Director
Age: 59
Executive Chairman, Member of Audit Committee and Member of Special Committee
Age: 71
Chief Financial Officer and Corporate Secretary
Vice President of Operations
Vice President of Corporate Development
Age: 43
Compensation as of Fiscal Year 2016.

Cangold Ltd. Key Developments

Cangold Shares To Be Delisted From The TSX Venture Exchange

Great Panther Silver Limited and Cangold Limited announced the completion of the previously announced plan of arrangement (the "Arrangement") pursuant to which Great Panther has acquired all of the issued and outstanding common shares of Cangold ("Cangold Shares"). Cangold is now a wholly-owned subsidiary of Great Panther. As a result, the Cangold Shares will be delisted from the TSX Venture Exchange and Great Panther will apply to the relevant securities commissions for Cangold to cease to be a reporting issuer under Canadian securities laws.

Cangold Ltd., Special/Extraordinary Shareholders Meeting, May 22, 2015

Cangold Ltd., Special/Extraordinary Shareholders Meeting, May 22, 2015., at 11:00 Pacific Standard Time. Location: Suite 800 - 333 Seymour Street. Agenda: To consider interim dividend of the supreme court of British Columbia dated April 17, 2015; and to transact such other business, including amendments to the foregoing as may properly come before the meeting or any adjournment or adjournments thereof.

Cangold Ltd., Special/Extraordinary Shareholders Meeting, May 12, 2015

Cangold Ltd., Special/Extraordinary Shareholders Meeting, May 12, 2015. Agenda: To consider binding letter agreement pursuant to which Great Panther acquire all of the issued and outstanding common shares of Cangold by way of a statutory plan of arrangement.

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