Great Panther Resources Limited
TSX VENTURE : GPR

Great Panther Resources Limited

January 26, 2006 14:07 ET

Great Panther Engages Investor Relations Consultants

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 26, 2006) - GREAT PANTHER RESOURCES LIMITED (TSX VENTURE:GPR) announces that it has entered into a new consulting agreement (the "Agreement") with B&D Capital (the "Consultant"), of Vancouver, British Columbia, for the provision to Great Panther of investor relations services including introducing Great Panther, its projects and management to potential investors, advising on shareholder communications, assisting with presentations at industry meetings, conferences and trade shows, and services associated with such activities. The Agreement is for an initial period of 24 months and is renewable. The Agreement may be terminated after December 31, 2006 at the election of either party.

As compensation for the consulting services provided by the Consultant, Great Panther will pay a monthly fee of $4,000 and has granted a Consultant Option to purchase a total of 200,000 common shares at $0.90 per share. The option vests as to 50,000 shares immediately and 50,000 shares every 3 months until September 30, 2006. The option expires on December 31, 2007.

ON BEHALF OF THE BOARD

Robert A. Archer, President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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