PAAS Pan American Silver Corporation

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

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FORM 6-K 

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REPORT OF FOREIGN PRIVATE ISSUER

 

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT of 1934

 

December 14, 2015

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Pan American Silver Corp.

(Exact name of registrant as specified in its charter)

 

 1500-625 HOWE STREET

VANCOUVER BC CANADA V6C 2T6

(Address of principal executive offices)

 

 000-13727

(Commission File Number)

_____________________

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F

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Form 40-F

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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1). _____

 

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

 

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes

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No

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If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): ______

 

Signatures 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	Pan American Silver Corp.
	(Registrant)
Date: December 14, 2015	By:	/s/ KEENAN HOHOL
		Keenan Hohol
		General Counsel

 

 

 

EXHIBIT LIST

 

Exhibit		Description
99.1		News Release Dated December 14, 2015 - Pan American Silver Announces CEO Geoff Burns' Retirement and Names Michael Steinmann as Successor
99.2		Material Change Report

 

 

Exhibit 99.1

 

 

 

 

 

 

Pan American Silver Announces CEO Geoff Burns' Retirement and Names Michael Steinmann as Successor

VANCOUVER, Dec. 14, 2015 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) ("Pan American", or the "Company") today announced that as the last step of a transitional plan that has been under consideration for over a year, Mr. Geoff Burns, Chief Executive Officer, will retire effective December 31, 2015 and Mr. Michael Steinmann, currently President, will be appointed President & CEO effective January 1, 2016. Mr. Steinmann will also join the Board of Directors on January 1, 2016. Mr. Burns will continue serving on the Company's Board of Directors until the Company's next Annual General Meeting scheduled for mid-May of 2016.

Commenting on Mr. Burns' retirement, Ross Beaty, Chairman, said, "After a very productive 12 years with Pan American, Geoff is passing the CEO baton to Michael Steinmann. Geoff was instrumental in helping build Pan American into the world's second largest primary silver producer. He also played a vital role in assembling and retaining one of the most respected professional teams in our industry. On behalf of the Board of Directors, I would like to thank Geoff for all his years of outstanding dedication and service and wish him the best in his future. We are glad to be able to continue to tap into his knowledge."

Mr. Michael Steinmann has led the Company's geology and exploration activities since he joined Pan American in 2004. While in this role, the Company added over 279 million ounces of new proven and probable silver mineral reserves. Mr. Steinmann was made Executive Vice President in 2008 and he took charge of Pan American's strategic business development activities in 2011. He was promoted to President in February, 2015. He played a pivotal role in the successful acquisition of Aquiline Resources Inc. (Navidad project) and Minefinders Corporation Ltd. (Dolores mine), as well as numerous other exploration and business development initiatives. Mr. Steinmann holds a Ph.D. in Natural Sciences (Geology) from the Swiss Federal Institute of Technology and a Degree in Corporate Finance from Escuela Superior de Administración y Negocios.

Mr. Beaty commented, "I congratulate Michael on his appointment as Chief Executive Officer for Pan American. He has been a long-time and highly valued member of our executive team. I know that he has the right mix of knowledge, experience and dedication to take the reins of our Company at a time when we are expanding two of our best assets and reconfiguring our portfolio to become even stronger mine builders and operators. Michael is a well-recognized and respected professional and will do an outstanding job as our new CEO."

About Pan American Silver

Pan American Silver's mission is to be the world's pre-eminent silver producer, with a reputation for excellence in discovery, engineering, innovation and sustainable development. The Company has seven operating mines in Mexico, Peru, Argentina and Bolivia. Pan American also owns several development projects in Mexico, USA, Peru and Argentina.

SOURCE Pan American Silver Corp.

 

%CIK: 0000771992

For further information: Information Contact : Kettina Cordero - Manager, Investor Relations, (604) 684-1175, ir@panamericansilver.com, www.panamericansilver.com

CO: Pan American Silver Corp.

CNW 08:00e 14-DEC-15

Exhibit 99.2

 

 

FORM 51-102F3

MATERIAL CHANGE REPORT

 

 

ITEM 1.	NAME AND ADDRESS OF COMPANY
	Pan American Silver Corp. (the “Company”)
	1500 – 625 Howe Street
	Vancouver, British Columbia  V6C 2T6
ITEM 2.	DATE OF MATERIAL CHANGE
	December 14, 2015
ITEM 3.	NEWS RELEASE
	A news release was issued by the Company on December 14, 2015 at Vancouver, British Columbia and distributed through the facilities of CNW Newswire.  The news release was filed on SEDAR on December 14, 2015.
ITEM 4.	SUMMARY OF MATERIAL CHANGE
	The Company announced that as the last step of a transitional plan that has been under consideration for over a year, Mr. Geoff Burns, Chief Executive Officer, will retire effective December 31, 2015 and Mr. Michael Steinmann, currently President, will be appointed President & CEO effective January 1, 2016. Mr. Steinmann will also join the Board of Directors on January 1, 2016.
ITEM 5.	FULL DESCRIPTION OF MATERIAL CHANGE
	See attached News Release.
ITEM 6.	RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102
	This report is not being filed on a confidential basis.
ITEM 7.	OMITTED INFORMATION
	There are no significant facts required to be disclosed herein which have been omitted.
ITEM 8.	EXECUTIVE OFFICER
	For further information, please contact:
	Name:	Keenan Hohol
	Office:	General Counsel
	Telephone:	(604) 684-1175
ITEM 9.	DATE OF REPORT
	December 14, 2015.