EduBourseActualitésPan American Silver to be added to the Xau

Pan American Silver to be added to the Xau

Vancouver, Canada – Pan American Silver Corp. (PAAS: NASDAQ; PAA: TSX) is pleased to announce that effective February 21, 2005 it will be added to the prestigious Philadelphia Gold and Silver Sector Index, known as the XAU.

The XAU was the sixth most traded index option in the United States in 2004 and is the bellwether Gold/Silver sector index for traders and investors. According to a statement released by Daniel R. Carrigan, the Philadelphia Stock Exchange’s vice-president of new product development, the addition of Pan American Silver to the index reflects leadership changes in the Gold and Silver industry. “Pan American Silver Corp. has vaulted into the position of the largest primary silver producer in the world with all production unhedged.”

Pan American is proud to be included in the industry’s premier index.


For Further Information Contact: Brenda Radies, VP Corporate Relations (604) 684-1175


Some of the statements in this news release are forward-looking statements and as such are based on an assumed set of economic conditions and courses of action. These include estimates of future production levels, expectations regarding mine production costs, expected trends in mineral prices and statements that describe Pan American’s future plans, objectives or goals. There is a significant risk that actual results will vary, perhaps materially, from results projected depending on such factors as changes in general economic conditions and financial markets, changes in prices for silver and other metals, technological and operational hazards in Pan American’s mining and mine development activities, uncertainties inherent in the calculation of mineral reserves, mineral resources and metal recoveries, the timing and availability of financing, governmental and other approvals, political unrest or instability in countries where Pan American is active, labor relations and other risk factors listed from time to time in Pan American’s Form 40-F

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.