PAN AMERN SILVER CORP

Ticker: PAAS CUSIP: 697900108 Class: Common Stock

CTC Alternative Strategies, Ltd.'s Holding History (CIK: 0001569550)

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

Q3 2013

Shares 14,180 Value ($000) $149,599 Avg Close $12.17 Range $10.50 - $14.24

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	14,180	$149,599	$12.17	$10.50 - $14.24