Great Panther Silver (NYSE-Amex: GPL; TSX: GPR) is set to join the Russell Global Index when Russell Investments reconstitutes its comprehensive set of global equity indexes on June 24, according to a preliminary list of additions posted June 10 on www.russell.com/indexes.
Membership in the Russell Global Index, which remains in place for one year, means automatic inclusion in the appropriate large-cap, small-cap, all-cap indexes as well as the applicable style, sector and country indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.
“We are pleased to join the Russell Global Index following our recent addition to the Market Vectors™ Junior Gold Miners Index (MV GDXJ),” said Robert Archer, Great Panther’s President & CEO. “Membership in these indexes is a testament to the continued growth of Great Panther Silver, both at our mines and in the markets, and will help raise our profile with institutional investors.”