UNDERWRITING AGREEMENTUnderwriting Agreement • August 5th, 2019 • GREAT PANTHER MINING LTD • Metal mining • British Columbia
Cantor Fitzgerald Canada Corporation (“CFCC”), as lead underwriter and sole book-running manager, together with H.C. Wainwright & Co., LLC, as lead manager and Scotia Capital Inc. and Eight Capital acting as co-managers (collectively with CFCC, the “Underwriters” and each individually an “Underwriter”), hereby severally, and not jointly nor jointly and severally, offer to purchase from Great Panther Mining Limited (the “Company”) in the respective percentages set forth in Section 18 hereof, and the Company hereby agrees to issue and sell to the Underwriters, upon and subject to the terms hereof, an aggregate of 20,000,000 common shares of the Company (the “Firm Shares”) on an underwritten basis at a price of $0.75 per Firm Share (the “Offering Price”) for an aggregate purchase price of $15,000,000.
