U.S. Markets close in 2 hrs 33 mins

Pan American Silver announces 7.57M normal course issuer bid

Pan American Silver announced that the Toronto Stock Exchange has accepted the company's notice of its intention to make a normal course issuer bid to purchase up to 7.57M of its common shares, representing up to 5% of Pan American's issued and outstanding shares as of November 14. Purchases pursuant to the bid will be made on the open market through the facilities of the TSX and the Nasdaq Global Select Market and other Canadian trading platforms. The period of the Bid will begin on December 5, and will continue until December 4, 2014 or an earlier date should the Company complete its purchases.