Pan American Silver calls $647,000 of 5.35% debentures

By Laura Lutz

Des Moines, Nov. 8 - Pan American Silver Corp. announced that it will redeem its $647,000 outstanding principal amount of 5.35% convertible debentures due July 31, 2009.

The company plans to redeem the debentures on Dec. 12 for $1,019.27 for each $1,000 principal amount of debentures. The company will also pay accrued interest up to but excluding the redemption date.

Pan American is a Vancouver, B.C.-based metals company.

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