PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q3 2017

Shares 28,500 Value ($000) $486 Avg Close $17.24 Range $15.08 - $19.56

Q4 2014

Shares 193,500 Value ($000) $1,780 Avg Close $9.97 Range $8.69 - $11.32

Q3 2014

Shares 85,300 Value ($000) $937 Avg Close $14.07 Range $10.86 - $15.97

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	28,500	$486	$17.24	$15.08 - $19.56
Q4 2014	193,500	$1,780	$9.97	$8.69 - $11.32
Q3 2014	85,300	$937	$14.07	$10.86 - $15.97