-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IA2N7vE3SYGxbXaeV1w+87scaqDIxVaFr6QpXvPoeI28lb7ddACADBDKJ7Ei5y2k
 wlMseTceIKtiBmxDJ+fU0A==

<SEC-DOCUMENT>0001341004-09-000307.txt : 20090211
<SEC-HEADER>0001341004-09-000307.hdr.sgml : 20090211
<ACCEPTANCE-DATETIME>20090211170451
ACCESSION NUMBER:		0001341004-09-000307
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090211
FILED AS OF DATE:		20090211
DATE AS OF CHANGE:		20090211

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PAN AMERICAN SILVER CORP
		CENTRAL INDEX KEY:			0000771992
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13727
		FILM NUMBER:		09590526

	BUSINESS ADDRESS:	
		STREET 1:		1500-625 HOWE STREET
		CITY:			VANCOUVER BC CANADA
		STATE:			A1
		ZIP:			V6C 2T6

	MAIL ADDRESS:	
		STREET 1:		1500 625 HOWE ST
		CITY:			VANCOUVER BC V6C 2T6
		STATE:			A1
		ZIP:			999999999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PAN AMERICAN MINERALS CORP
		DATE OF NAME CHANGE:	19950608
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>pan6k.htm
<TEXT>
<html>
  <head>
    <title>pan6k.htm</title>
<!-- Licensed to: skadden arps-->
<!-- Document Created using EDGARizer 4.0.7.0 -->
<!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
</head>
    <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div>
        <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="4">
        <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1">
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif">SECURITIES
AND EXCHANGE COMMISSION</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif">Washington,
D.C. 20549</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman, serif">FORM
6-K</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif">Report
of Foreign Private Issuer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif">Pursuant
to Rule 13a-16 or 15d-16 of</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, serif">the
Securities Exchange Act of 1934</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td align="left" valign="middle" width="23%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">For
      the month of,</font></div>
            </td>
            <td valign="middle" width="43%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">February</font></div>
            </td>
            <td valign="middle" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="middle" width="12%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">2009</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="middle" width="23%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">Commission
      File Number</font></div>
            </td>
            <td valign="middle" width="43%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">001</font><font style="DISPLAY: inline; COLOR: #000000">-</font><font style="DISPLAY: inline; COLOR: #000000">14620</font></font></div>
            </td>
            <td valign="middle" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="middle" width="12%" style="BORDER-BOTTOM: black 0.5pt solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td colspan="4" valign="top" width="82%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">Pan
      American Silver Corp.</font></div>
            </td>
          </tr>
          <tr>
            <td colspan="4" valign="top" width="82%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman, serif">(Translation
      of registrant&#8217;s name into English)</font></div>
            </td>
          </tr>
          <tr>
            <td colspan="4" valign="top" width="82%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman, serif">1500-625
      Howe Street, Vancouver BC Canada V6C 2T6</font></div>
            </td>
          </tr>
          <tr>
            <td colspan="4" valign="top" width="82%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman, serif">(Address
      of principal executive offices)</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Indicate by check mark whether the
registrant files or will file annual reports under cover of Form 20-F or Form
40F:</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <div align="left">
        <div align="left">
          <div align="left">
            <div align="left">
              <div align="left">
                <table cellpadding="0" cellspacing="0" width="100%">
                    <tr>
                      <td valign="top" width="11%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                      <td align="left" valign="top" width="11%" style="PADDING-BOTTOM: 0.5pt">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Form
      20-F</font></div>
                      </td>
                      <td valign="top" width="1%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                      <td valign="top" width="11%" style="BORDER-BOTTOM: black 0.5pt solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                      <td align="left" valign="top" width="1%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">&#160;</font></td>
                      <td align="left" valign="top" width="10%" style="PADDING-BOTTOM: 0.5pt">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: right" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Form
      40-F</font></div>
                      </td>
                      <td valign="top" width="1%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">&#160;</font></td>
                      <td valign="top" width="11%" style="BORDER-BOTTOM: black 0.5pt solid">
                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">X</font></div>
                      </td>
                      <td valign="top" width="11%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                    </tr>
                </table>
              </div>
            </div>
          </div>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Indicate by check mark if the
registrant is submitting the Form&#160;6-K in paper as permitted by
Regulation&#160;S-T Rule&#160;101(b)(1): <font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indicate
by check mark if the registrant is submitting the Form&#160;6-K in paper as
permitted by Regulation&#160;S-T Rule&#160;101(b)(7): <font style="DISPLAY: inline; TEXT-DECORATION: underline">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 40pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">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.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <div align="right">
        <div align="right">
          <div align="right">
            <div align="right">
              <table cellpadding="0" cellspacing="0" width="100%">
                  <tr>
                    <td valign="top" width="9%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                    <td align="right" valign="top" width="9%" style="PADDING-BOTTOM: 0.5pt">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Yes</font></div>
                    </td>
                    <td valign="top" width="1%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></td>
                    <td valign="top" width="13%" style="BORDER-BOTTOM: black 0.5pt solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                    <td align="right" valign="top" width="9%" style="PADDING-BOTTOM: 0.5pt">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">No</font></div>
                    </td>
                    <td valign="top" width="1%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">&#160;</font></td>
                    <td valign="top" width="13%" style="BORDER-BOTTOM: black 0.5pt solid">
                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">X</font></div>
                    </td>
                    <td valign="top" width="13%" style="PADDING-BOTTOM: 0.5pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
                  </tr>
              </table>
            </div>
          </div>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>If &#8220;Yes&#8221; is marked, indicate below the
file number assigned to the registrant in connection with Rule
12g3-2(b):&#160;&#160;82-_______________</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
      <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: Times New Roman, serif"><font style="DISPLAY: inline; COLOR: #000000">DOCUMENTS INCLUDED AS PART OF THIS
REPORT</font></font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Document</font></font></div>
            </td>
            <td valign="top" width="72%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="13%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td valign="top" width="72%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
          </tr>
          <tr>
            <td valign="top" width="13%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">1</font></font></div>
            </td>
            <td align="left" valign="top" width="72%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">Press release, dated February 9,
      2009</font></font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">Document
1</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><img src="pan6k6.jpg" alt=""></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">OVER-ALLOTMENT
OPTION FULLY EXERCISED ON PAN AMERICAN </font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">SILVER&#8217;S
PUBLIC OFFERING OF COMMON SHARES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Vancouver, B.C. &#8211; February 9, 2009 &#8211;
Pan American Silver Corp.</font> (NASDAQ: PAAS; TSX: PAA) (the &#8220;Company&#8221;)
announced today that the syndicate of underwriters for its previously announced
public offering of common shares (the &#8220;Offering&#8221;) have exercised in full their
over-allotment option to purchase an additional 831,000 common shares at a price
of US$16.25 per share.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">The
gross proceeds from this exercise of the over-allotment option total
approximately US$13.5 million. Gross proceeds from both the Offering and the
exercise of the over-allotment option total approximately US$103.5
million.&#160;&#160;Closing of the Offering (including the issuance of common
share upon the exercise of the over-allotment option) is scheduled for February
12, 2009.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">The
Company expects to use the net proceeds from the Offering and the exercise of
the over-allotment option to fund acquisitions, development programs on acquired
mineral properties, working capital requirements and for other general corporate
purposes.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">Goldman
Sachs Canada Inc. and CIBC World Markets Inc. are acting as co-lead managers and
joint book runners of the Offering and UBS Securities Canada Inc., Merrill Lynch
Canada Inc., RBC Dominion Securities Inc., National Bank Financial Inc., Raymond
James Ltd., Salman Partners Inc. and Canaccord Capital Corporation, are acting
as co-managers of the Offering.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">This
press release shall not constitute an offer to sell or a solicitation of an
offer to buy common shares nor shall there be any sale of such securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">About
Pan American Silver</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">Pan
American Silver&#8217;s mission is to be the world&#8217;s largest and lowest cost primary
silver mining company by increasing its low cost silver production and silver
reserves.&#160;&#160;The Company has eight operating mines in Mexico, Peru,
Bolivia and Argentina.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">Information
Contact</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">Kettina
Cordero</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">Coordinator,
Investor Relations</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif">(604)
684-1175</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Arial, sans-serif"><font style="DISPLAY: inline; TEXT-DECORATION: underline">info@panamericansilver.com</font></font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><img src="pan6k6.jpg" alt=""></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-STYLE: italic; FONT-FAMILY: Arial, sans-serif">CAUTIONARY
NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-STYLE: italic; FONT-FAMILY: Arial, sans-serif">THIS
NEWS RELEASE CONTAINS &#8220;FORWARD-LOOKING STATEMENTS&#8221; WITHIN THE MEANING OF THE
UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND
&#8220;FORWARD-LOOKING INFORMATION&#8221; WITHIN THE MEANING OF APPLICABLE CANADIAN
SECURITIES LEGISLATION.&#160;&#160;SUCH FORWARD-LOOKING STATEMENTS AND
INFORMATION INCLUDE, BUT ARE NOT LIMITED TO, STATEMENTS AS TO THE PROSPECTS OF
THE OFFERING&#8217;S COMPLETION AND THE USE OF PROCEEDS FROM SUCH
OFFERING.&#160;&#160;THE COMPANY DOES NOT INTEND, AND DOES NOT ASSUME ANY
OBLIGATION TO, UPDATE SUCH FORWARD-LOOKING STATEMENTS OR INFORMATION, OTHER THAN
AS REQUIRED BY APPLICABLE LAW.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Arial, sans-serif"><font style="DISPLAY: inline; FONT-STYLE: italic">FORWARD-LOOKING STATEMENTS OR
INFORMATION INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS
THAT MAY CAUSE THE ACTUAL RESULTS, LEVEL OF ACTIVITY, PERFORMANCE OR
ACHIEVEMENTS OF PAN AMERICAN AND ITS OPERATIONS TO BE MATERIALLY DIFFERENT FROM
THOSE EXPRESSED OR IMPLIED BY SUCH STATEMENTS.&#160;&#160;SUCH FACTORS INCLUDE,
AMONG OTHERS:&#160;&#160;FLUCTUATIONS IN THE SPOT AND FORWARD PRICE OF SILVER,
GOLD, BASE METALS OR CERTAIN OTHER COMMODITIES (SUCH AS NATURAL GAS, FUEL OIL
AND ELECTRICITY); FLUCTUATIONS IN THE CURRENCY MARKETS (SUCH AS THE PERUVIAN
SOLE, MEXICAN PESO ARGENTINE PESO AND BOLIVIAN BOLIVIANO VERSUS THE U.S.
DOLLAR); CHANGES IN NATIONAL AND LOCAL GOVERNMENT, LEGISLATION, TAXATION,
CONTROLS, REGULATIONS AND POLITICAL OR ECONOMIC DEVELOPMENTS IN CANADA, PERU,
MEXICO, ARGENTINA, BOLIVIA, THE UNITED STATES OR OTHER COUNTRIES IN WHICH THE
COMPANY MAY CARRY ON BUSINESS IN THE FUTURE; OPERATING OR TECHNICAL DIFFICULTIES
IN CONNECTION WITH MINING OR DEVELOPMENT ACTIVITIES; RISKS AND HAZARDS
ASSOCIATED WITH THE BUSINESS OF MINERAL EXPLORATION, DEVELOPMENT AND MINING
(INCLUDING ENVIRONMENTAL HAZARDS, INDUSTRIAL ACCIDENTS, UNUSUAL OR UNEXPECTED
GEOLOGICAL FORMATIONS, PRESSURES, CAVE-INS AND FLOODING); INADEQUATE INSURANCE,
OR INABILITY TO OBTAIN INSURANCE, TO COVER THESE RISKS AND HAZARDS; EMPLOYEE
RELATIONS; AVAILABILITY AND INCREASING COSTS ASSOCIATED WITH MINING INPUTS AND
LABOR; THE SPECULATIVE NATURE OF MINERAL EXPLORATION AND DEVELOPMENT, INCLUDING
THE RISKS OF OBTAINING NECESSARY LICENSES AND PERMITS; DIMINISHING QUANTITIES OR
GRADES OF MINERAL RESERVES AS PROPERTIES ARE MINED; BUSINESS OPPORTUNITIES THAT
MAY BE PRESENTED TO, OR PURSUED BY, THE COMPANY; THE COMPANY&#8217;S ABILITY TO
SUCCESSFULLY INTEGRATE ACQUISITIONS; AND CHALLENGES TO THE COMPANY&#8217;S TITLE TO
PROPERTIES; AS WELL AS THOSE FACTORS DESCRIBED IN THE SECTION &#8220;RISK RELATED TO
PAN AMERICAN&#8217;S BUSINESS&#8221; CONTAINED IN THE COMPANY&#8217;S MOST RECENT FORM 40F/ANNUAL
INFORMATION FORM FILED WITH THE SEC AND CANADIAN SECURITIES REGULATORY
AUTHORITIES.&#160;&#160;ALTHOUGH THE COMPANY HAS ATTEMPTED TO IDENTIFY IMPORTANT
FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
CONTAINED IN FORWARD-LOOKING STATEMENTS OR INFORMATION, THERE MAY BE OTHER
FACTORS THAT CAUSE RESULTS TO BE MATERIALLY DIFFERENT FROM THOSE ANTICIPATED,
DESCRIBED, ESTIMATED, ASSESSED OR INTENDED.&#160;&#160;THERE CAN BE NO ASSURANCE
THAT ANY FORWARD-LOOKING STATEMENTS OR INFORMATION WILL PROVE TO BE ACCURATE AS
ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED
IN SUCH STATEMENTS OR INFORMATION.&#160;&#160;ACCORDINGLY, READERS SHOULD NOT
PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS OR
INFORMATION</font>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif">SIGNATURES</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman, serif"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>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.</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">
          <tr>
            <td colspan="4" valign="bottom" width="48%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td colspan="2" valign="bottom" width="52%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 11pt; COLOR: #000000; FONT-FAMILY: times new roman, serif"><font style="DISPLAY: inline; COLOR: #000000">PAN AMERICAN SILVER
      CORP.</font></font></div>
            </td>
          </tr>
          <tr>
            <td colspan="4" valign="top" width="48%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td colspan="2" valign="top" width="52%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">(Registrant)</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="5%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Date:</font></div>
            </td>
            <td valign="top" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="16%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">February
      11, 2009</font></div>
            </td>
            <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="5%">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">By:</font></div>
            </td>
            <td align="left" valign="top" width="47%" style="BORDER-BOTTOM: black 0.5pt solid">
              <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif; FONT-VARIANT: small-caps">/s/
      Robert Pirooz</font></div>
            </td>
          </tr>
          <tr>
            <td colspan="5" valign="top" width="53%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
            <td align="left" valign="top" width="47%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Name:&#160;&#160;&#160;Robert
      Pirooz</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: times new roman, serif">Title:&#160;&#160;&#160;&#160;&#160;&#160;General
      Counsel, Secretary and Director</font></div>
            </td>
          </tr>
      </table>
    </div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
  </body>
</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>pan6k6.jpg
<TEXT>
begin 644 pan6k6.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``24DJ``@````$`!H!!0`!
M````/@```!L!!0`!````1@```"@!`P`!`````@```#$!`@`0````3@``````
M``!@`````0```&`````!````4&%I;G0N3D54('8T+C`P`/_;`$,``@$!`0$!
M`@$!`0("`@("!`,"`@("!00$`P0&!08&!@4&!@8'"0@&!PD'!@8("P@)"@H*
M"@H&"`L,"PH,"0H*"O_;`$,!`@("`@("!0,#!0H'!@<*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"O_``!$(`#D!
M+`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@)"@O_
MQ`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1H0@C
M0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-C<X.3I#1$5&1TA)2E-45597
M6%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ
MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X
M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($
M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B
M<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(24I35%565UA96F-D969G
M:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X
MN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X^?K_V@`,`P$`
M`A$#$0`_`.H_X*O_`/!RY\9?!GQNUG]GW]@5M&TO2_"][)I^J^.K[3H[V?4+
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MLRX=>G*DJ?Z7OV)OVT?V4O\`@K=^R]+XR\.Z!I^K:9=*+'QEX&\1VL5R^G7)
M7)M[B)P5D0_>23&UP,C!!`\+%8W.^&JB=7]]0;T;^)>3??UW/3H8;+LXBU!>
MSJ]EL_1'\C.".<45^[7_``5$_P"#7#PEXDL]2^,W_!.65=(U15:>Z^&>I71-
MI=]2PLIY#F!_2*0E#T#1C`K\.O'/@7QG\,_%^H_#_P"(?A:_T37-(NWM=4TG
M4[5H9[693AD=&`*D5]/EF<8'-J7-0EJMT]U\OU/&QN7XK`3M56G1]&=[^RO^
MVA^TM^Q=\0+3XC_LZ?%?5=`N[>X62XL8KEFLK]0>8[FW)\N9"."&&1U!!P:_
MJU_X)U_MA>$_V^OV0/!_[3_A_28;*77;$IK&F1_,+'4(6,5S`">2HE5MI/)0
MJ>]?Q\5_1Y_P:=WUW<_\$U]:M;B=FCMOBCJ20(>B*;6R8@?B2?QKYKC;`X>6
M!CB5%*::5^Z?1]_(]CAO$U5BG1;]UJ]O-'Z<_9[?_G@G_?(H^SV__/!/^^13
MZRO&NH^+=)\+WFH^!O#=KJ^JQ1;K+3;W4C9Q3MD?*TPCD\OC/.QNGXU^8)79
M]N:7V>W_`.>"?]\BC[/;_P#/!/\`OD5^3OQF_P"#I73/@)\<==_9U^)'[`OB
M.U\5>'=<?2=0LH?&]K(OVA6"C8X@PRME2K=PP-?27[5W_!47]I/]B/X4P_'O
M]H3_`()U:NO@N-H!KFJ^%/B'9:C-I'FD*GG0F*(_?94W*Q0,P&[D9].>3YC3
M<%*%G/X?>CKZ:G#',<'-2:E\.^CT]=#[0^SV_P#SP3_OD4?9[?\`YX)_WR*^
M=O\`@GS_`,%2OV3/^"E/A6_UO]GGQ7=)JFCJC:YX7URV%OJ-@KY"NR!F5XR0
M0)(V9<\$@\5]&5PUJ%;#573JQ<9+=,ZJ56G6@IP=T^HS[/;_`//!/^^11]GM
M_P#G@G_?(I]%9&@S[/;_`//!/^^11]GM_P#G@G_?(I]%`#/L]O\`\\$_[Y%'
MV>W_`.>"?]\BGG@9KY4_X*?_`/!5GX0_\$Q-$\!W_P`1-%;6+OQKXKBL/[.M
M[ORY+334*F\U#&UMXA5XP(^-[2*-PY(VP^'K8JLJ5*-Y/9&=6K3H4W.H[)'U
M1]GM_P#G@G_?(H^SV_\`SP3_`+Y%5]!US2O$VB6?B/0=0BN[&_MDN+.ZMW#1
MS1.H9'4C@@J00?>K=8ZFB=T,^SV__/!/^^11]GM_^>"?]\BGT4`,^SV__/!/
M^^11]GM_^>"?]\BGT4`,^SV__/!/^^11]GM_^>"?]\BGT4`,^SV__/!/^^11
M]GM_^>"?]\BGUX%_P4O_`&Z=/_X)T?LEZY^U!J'PYN_%7]EW5K:6VCVMV+<2
M37$HC5I)2K>7&"<EMK'H,<UI1I5*]6-.FKRD[)>;(J5(4J;G)Z+4]Z^SV_\`
MSP3_`+Y%'V>W_P">"?\`?(KY0_X)$_\`!4:Q_P""J'P+UKXM1?!F\\%W?A_Q
M"VDW]C)J'VRVE;R4E5X9_+CW_*X#*5!4XZA@:^LJK$8>MA*\J-56E'1H5*K3
MKTU.#NF,^SV__/!/^^11]GM_^>"?]\BGT5B:#/L]O_SP3_OD4?9[?_G@G_?(
MI]%`#/L]O_SP3_OD5PWQ,A@77H0($_X]%_A_VGKO*X;XF_\`(>A_Z\U_]#>@
M#^,"BBBOZ(/R,*^[?^#<_P#:/^(_P-_X*?\`@?P1X2U*<Z+\1)I="\3Z6'/E
MW,1@EEBE*]-\4J*P;J%+C@,:^$XXY)I%AB0L[L%55&22>@%?T)?\&[__``1-
MNOV7M&LOVX?VH?#[P_$35[%O^$0\.W:$-X=LIDVM-*I&1=RH2,?\LHV*GYF8
M+X'$F,PF%RJI&MJYII+JW_P-[GJY/AL17QL'3^R[M^1^L@`*U\4_\%;?^"+?
MP)_X*9>#)/%%K#:^%_BEIEF4T#QG!;\7"KRMK>JO,T.>`W+QY)7(W(WT-^UY
M^V'\!_V&O@I?_'O]HGQ<-)T&QD2%!%"9;B\N'SLMX(AS)(V"0!P`I8D*"1XG
M^Q?_`,%Q_P#@GG^W3XX_X5A\)OBI<Z3XFE.+#0/%]A_9]QJ''_+N2S1S-U^1
M7W\$[<<U^38*&9X>/US#1E:/VDG;Y_J?=XF6"J_[/6:N^C9_,3^U+^RK\<_V
M-?C)JGP+_:"\#W&AZ]IDA^2128;N')"7%O)TEA?!*N/<'!!`_?+_`(--/^4;
MWB#_`+*KJ/\`Z1V-?8?_``4`_P""<7[-/_!2#X2M\-?CSX;Q=VBR-X=\46"J
MFH:-.P'SPR$<J2!NC;*.`,C(!'@G_!OI\`=+_99_9V^*7[/>C?%/2?&D'A/X
MW:K8?\)'HJLL%RR6=CN7#?==&S&X!90Z,`S`9/U&9\04\YR%PE'EJ1<;KH_-
M?Y'BX+*9Y=FBE%W@T[=_1_YGWS2/]TTM(^`I)-?#GTQ_*3_P5ZEBM_\`@L[\
M5IYI52-/B7"SN[8"@+`22>PK]F?^"ZO_``42_8QM?^"='Q#^!WAWX_\`A7Q-
MXP\9:/%IFA>&O#6M0ZA=/(\T3&5T@9O+1$5GW-@'``R2!7XM?\%EBEQ_P5_^
M,8B97#?$)5^\,9V0C'Y\5_4OX-^%GPWTO2=-O]/\`:';W,5I$5GM]*A5U;8.
M0RKG\J^_SZM1P]#+ZM1.7+%.R=MN5ZNS/D\KA.O4Q5.#2N]_O/Y[?^"-WAKX
MU?\`!+/P-\0_^"MW[0'P>U^Q\%V'@P>'?"NBWL36=QXEU"^O;4Q-&)!E+=/)
MRT[*0=WR!R"!^EO[.7[??[>7[9?_``3_`-:_;P^!7C3X/64^FVVISMX`U'PG
MJ<OV22R5G>TFOS?1YE:(*WF+`$_>+VR1[%_P63_;*^`O[$O[&&H>.?C]\$K3
MXC:=K^IPZ+IW@O4K:*2TU*[=7F43F5'5(U6%G+;6.54`9.1\5_L/^/OC'^VK
M_P`$NOBM^T+XC^*7ASX/_##0]"\16/AOX2?!W1;/2;*'R+)W=KZYD228^8T@
M!CC:+>/F)._:.&O6EFU%X^K246YQBI/567V4MV^K>GJ=-.E'`5%A83;M%NVS
MOW;[>6I[O_P1_P#^"V&L_P#!5+PUXQ^&LOPVT_P9\3O#&CB]@D!EO='NXW/E
MI-MW)*H64J&A+Y(8%9.NWYV^'?\`P<1_MS7/_!0Z;]A3QI^S!X%\07FF^.-2
M\,W<7@K[9%=:A<VC3QC[.]U=>5$KR1`EY!A$+,>E>&?\&A3!?VOOBEGI_P`*
MYB_]+HJ\X_9HP?\`@Z,OLCK^T7XG/_D>_KT)91EE/,L925-.,*?,KWT=K][V
M.:./QD\'AY\]G*?*]M5<^T/^"A7_``6G_P""K_\`P3-^+WAB']H[]FKX/R^%
M_%RS7>DV'A[6;^YG$$3H);9[IR@$Z"1,OY!0EL@$`@?J3^S?\</#7[2WP$\'
M?M!>#;2YM]*\9^&[/6+"WNP!+%'<0K($?'&Y=V#CC(K\;?\`@\2P=:^!!_Z=
M=?\`_0K&OT\_X)#E?^'7WP#`/3X4Z+_Z2)7AYEAL*\BPV*A!1G)M.U[.U_7L
M>E@ZU;^U*U"4FXI)J_G;_,^B;B>*W@>XFD5$C0L[N<``#))/I7\__P#P71^`
M7QB_;:^"FJ?\%;])U2\N?!NC>,)/#?A/0D4F*/PE$_V>+6%&,_Z1?B9R>\4\
M!Z+FOU9_X*G?$WQEJ/P[\.?L2_!+Q,NG?$#X]:R_AK3KR-LRZ3HXB:75M3V@
M@XAM%=5.1^\FC`.:Y'6O^">?[=.L?L^7'[*[_MK_``V7P!-X8/AU-`_X4-\J
M:;Y/D+$"-6&"(\?,.<C/6L,HKK*ZD,4Y)-O9W^':5K)[O3Y,US"D\;&5"S:2
MZ6^+IU6WZGB?_!L#_P`%!9OVD?V4[O\`93^(>N^=XK^$Z1PZ8TS_`+R[T*0X
MMVY^]Y#AH3Z+Y&>37US_`,%0OVC?VA/V0/V2_$G[3_P&L_!]^W@RQ-]K6D^+
M;*ZD%Y`9(X]L+V\T?EN-Y;Y@P;`'R]:_G=^"WCGXM_\`!"[_`(*S2Z=XFNFO
M%\#^(FT?Q0MO&436="N`A,BIDXWP-%<(I)VR(@.=IK][?^"R_B_P[X^_X(W?
M%_QOX1U:&_TK6/A_%>Z;>VS[H[B"66!XY%/<%6!_&O1SG+:5'.J5:FKTJSBU
MVU:NOQO\SBR_&5*F6U*<G:I337W;'S-_P36_X+4?\%%O^"EO@_QMH_P@_92^
M'C^*=!N;-;76+[5;VQT+3H94F+-=L7FFFF9D41PPJ,@2,[J`,\1\"O\`@XP_
M:[\#_MP:E^Q)^VM^RMH>H^((?$4OAVSM_AI))'<MJVXI!$HNIFCFBFD,:ART
M>U9`Y)`(K)_X,[\#P!\=1_U&=!_]%7U?*OQIP/\`@Z-M<?\`1QVA?^C[2O06
M6Y=+-L9A/8KEA#F6]T[)[W\SE^N8R.!P]?VCO*5GM:UWY'W)_P`%)O\`@L)_
MP5M_X)N>(_"?C;XR_LR_!ZW\'^,[B<:7I6F:Y?7]Y;^2$:2VN+D&)!-LD4[X
MXFCX.,XY^FOBU_P6N_9]^#W_``30\)?\%%/$?AC4'B\;V$2>&O!B3J+JZU-@
MX>T\PC`2-HI2TVW&Q-P4EE0_'G_!X2<_!'X)A?\`H:M6Z?\`7M!7R!_P45^'
M_CG5/^"&7[&GQ*TZ"XE\/:.==L=4>/)CM[FYN6:!GQP-RP3*">XQW%8X/*LO
MS'!8.I."BYS<7:ZNES66^[LE<UQ..Q6$Q5>$9.2C%-7UL]-?Q/TV\-?\%#?^
M"D/BS_@F5J/_``5"MO#_`,*;'3(+"XUZQ^&\VBZA+-+HL$S(^_4!=@"<HCR+
MB`K@`'&>)/$__!:;QY\6?^"56H_\%*?V2?#7A.*X\&3?9OB!X(\:07-Q);W7
MG6T1B@GMIH@`!<+*K,A#HZC"$$5Y/_P1!_9N_9G_`&[?^"8NE>"/$?Q^^*$D
MMA;7OA_Q]X'TOXK:C;V$2/)(%C-DLNR.":W9#@+L8EP.C`;7[;O[(G[#O[%G
M_!'G]J;X/_L5:I+*D#:8?&=E)XADU$V5^+NSVQ,SDB.3RBI9`<C*Y`R*XIT,
MMACWAI4_?55):67(VDT]?FGOYG1&KC'AE64O=<'UUYK7NNWH<U^QI_P7Q_X*
M%_MK_`3XCZQ\#_V'=!\5^/O""QW5O;Z)-<6^F65B89&+S>=,TEU<NZ%8;6$A
MG"2$D;1NY"'_`(+??\%+O&7[#/Q)_:(^-_[&'PYM=#\$ZSIVEZMIGC+PEJD5
MMKR7LK1&**.6XP7@=4,BL&4K.O*%</K?\&>BVK?!GXVJ/+\__A*-(+XQOV?9
MI]N>^,[L?C7TY_P<N*%_X)&^/#Q_R&=$/_E2@KIKQRVAGSP,</&SG!)WE=)V
MNM_^&,:4L95RI8EU7=1EIIYV,3_@D+_P56\(_%S_`()S?$/]K;XZ_#/P-\+?
M"_PV\57EI-IW@72WM;(6\=G:7&Y82S9FDDN2@5<;F*#&3S>_8/\`^"EO[8?_
M``59C\=?$_\`9B\%>"_AO\._"E^=,T?4?&VG7.L:CK-]Y0EPT5O<V\=LBH\3
M-AI2#(`"V":_+K]F#P#\1_'_`/P;0_':'X=6\]P-*^.UOJ>NVMO'N:73X+/2
MFE.!_"C&.5CV6(GI7UU_P:/_`+3GPVD^!/Q`_9&U/6[2U\4VOB]O$FGV,\P6
M2_LY[6W@D:)3]_RGMAN`Z"52>#3S'*L+A\/B\32C>49VMNHJRUUWO?=WT%@\
M=7K5J%&<K*4;W[L[;]A+_@Y&NOB_\%?C!XJ_:D^`+:5KOP>\,G6;^3PF93;:
MHOVE;5;;RY\M:S&:2-?G=@07;C817IG[`W_!0S]MO_@I[^S9XI_:,_9^\3_"
M;PE?:-JEU86W@77/#&I7[V\T<8DB6YOEO(%/FHRG?'"0H/()!4>T_P#!1W]J
MC]CG_@GW^S'XQ\>_%CX9^&M8&MV;&?P%;V5HD_B=Y9$@Q-&R_O(M\J"25U8*
M&Z$D*?B__@CG\8OBK^W_`/"3X@^.]!\3>$_V=_@OX/U66V7X<?!G1K/3;F[E
M-NLTD]Y?S1N\2>5L7S(EB9RK<H(P*X51PN(P=3&4L/[./-&S;YETO%*VMWKY
M;71TNI6I8B%"=7F=G=)6?DV_(]-_X([?\%Y-<_X*0_$/7/V:/BC\)=/\*_$/
M3=#N-2TW4-'GEN-+ODA=(Y`T;MYD3*TB-MWL'7=AE(&?%?BG_P`'#/[<OP$_
MX*+-^PI\1/@%\/?$(T_X@6.@WUYX/L-0%[J,%Q+"%-K%+=E1.\<J[4<E0Y`)
M(&:^3?\`@UNDMV_X*OZA+;?ZH_#S6_+R^[Y?M%ICYN_'?O5/]K3'_$4!9X/_
M`#<)X4_]&Z?7MO)LMIYO7H^SO%4N=+71^6IYO]H8R6`I3Y_><^6^FQ]V?\%*
M/^"OG_!6[_@G)J'A;XE_%;]EWX16/@GQ??RPZ7HT&NWFH:C:M&H<V]U<(T4:
MS%#G=$CQ@J1DXY^T_P!FC]JWP[^V[^SAX&_:C\*>'[C2K3Q;H`N'TNZD#O:3
MI-+#-%N``<++&X#8&X`'`S@?!W_!X'S^S1\'_7_A.[S_`-(C7O7_``0Y('_!
M*'X,@'_F"ZAU/_46O:\#&X;#2X<HXR--1FY.+M?5:[ZOL>KAJ]:.;U,/*5XJ
M*:OWT/YD:/>E*D$@_P`J_5'_`(-]O^"(]Q^UIXJL?VP_VI?"DB_#'1KS?X;T
M*^AP/%%Y&P^9U8?/9(P(;M*Z[.5#Y_5LQS'#99A77K/1?B^R/AL)A*V-KJG3
M6K_`]>_X-V?^"'O]J3:/_P`%`/VO?!9^RHR7?PT\(ZI;?ZX]4U2YC<?='#0*
M>I_>$8V9_;/QMXS\)_#?P=J?CWQQK]II6C:-82WFJ:E>S".&V@C4L\CL>`H4
M$FK]K:VNG64=I9VZ0PPQJD442A510,``#@`#M7X%_P#!R;_P6);XR^*K[_@G
M[^SAXH+>$]"O=OQ#UJQF^75KZ-LBP5A]Z"%U!<YP\J@=(_F_*8+'\5YO[SLO
MPC'^OO9]U+ZKD67Z;_C)_P!?<CY,_P""TO\`P52\6?\`!3']I&6]T&ZNK+X:
M^$YI;3P/HSL5$RYP^H3+_P`]IL`@'[B!5Z[BWQS:7EW8W4=[974D,T,BO#-$
MY5D8'(8$<@@C((Z5%17ZWA,+0P6&C0I*T8JW_#GP->O4Q%9U9O5GZ"?#K_@Y
M!_;_`/!O['WB/]E[Q%XC37M7U#3EL/#?Q'O;AAJ^D0-A90S@?Z2_EY$<K$2(
MQW%GP,?II_P:<RRS_P#!./Q%--(SN_Q6U(L[')8FSLLDGN:_G'K^CK_@TXMK
MB'_@FSKEQ+`ZQS_%+4FA=EX<"TL@2/7D$?A7R'%>!P>"R>;HP47*<6[=6?09
M%B<1B,PBJDF^6+M^!^GU8WQ`\'+X_P#"%]X0?Q+J^D+?1!#J.@W[6MY!\P.8
MI5Y0\8R.Q-;-%?F";3NC[=JZL?`'BS_@VJ_X)B^//%>H^.O&WA[Q[JVM:M>R
M7FIZKJ'C^\EGNKB1BSRN[,2S,Q))/.37V/\``/X&:3^S]X+'@30OB!XO\06<
M3+]FF\8^(YM3N($5`HC66;+[0%Z$GDGFNXKY;_X*D?MYZK^P1X%\"^-IK>+3
MO#OB3QO'HWBKQK=Z%<:G!X:M&MYI%N7MH'1I2\D:1CYP!N)PY`0]WUC,,RE&
MA*;EV3=_N.3V6$P:=114>[1Z=^V/^QC^S_\`MW_!>X^!'[1O@\ZOH<UW'=V[
M6]RT%Q97*!@D\,J<HX#,,\@JS*002*^</V<O^#>G_@G+^SDEU;0>%?%'C"SO
M)/,N-(\:^)9+K3I7'W'DLHA%;S,H^ZTD;E<`C!&:^@?V&?C5XT_:!^"`^)_B
M_P`;>#?$L%]K5ZOA_P`1^!"PT_4],63;;SA'EE>&4J")(F;<CJRX&*Z?]J#Q
MSXW^&'[//C;XF?#FYTR/6?#7AB]U:Q&LV4EQ;2-;0/-Y;I'+$Q#!"N0XV[L\
MXP2GB<PPZ>%A4<4WJDW:XI4<)6M7E!-VW:UL?*_[.7_!OI^P9^RM\5-0^+WP
M?U'XB6&IW<+QV<47C:>*+3PQ#+Y8A"-+L=5=1.TH#(K8)4$-\.?\&]'_``3X
M\'_&"'X_^&9?B/9^-H-8?58_$\7Q$O/MGVUW9WG,A.6=F9BQ.=VXYSDU[5_P
M3&_:7^)W[8_[$?@7]I[XLVFB6FK^,;&:\?3_``_930VUJBW$D*QCSII6<_N\
MELC.[&!CGHOV[OC/\0?V<OV0OB'\?_ABND2:QX+\*W>LVMKKEE+/;7/V>,R-
M$ZQ2Q,-P4J&#?*3G#8P=YXW-_K<J4JKYV^5Z[]+-]C..'P"H*I&"Y5[RT^=S
MRW]L[_@CE^R!^WYXYL/'W[3TWC77+G2K,6VE6</B^>WM+)"%#F*%,*K.45G;
MJQ`R>`![!^RA^RI\.OV-_A%:?`[X2:WXCG\.:9\ND6?B+7)+]K"+'$,+R?,D
M0.2$R0,\8'%4OV%_C-X]_:*_9$^'?Q\^)BZ5%K'C3PI9ZU=6VB6<D%M;_:(E
ME$2+++*QVA@NXM\V,X&<#U6\%P;>1;654E*'RW="P#=B0",CVR/K7)7Q&,4/
MJU2;<8NUKZ)KL;T:5!OVT(ZR6_6Q\R?$C_@D[^SU\4/VEH?VNO$?Q*^*<7CR
MQ:4:1K.G_$:\@&EPR%MUO;1J=D,!#LIB`VD$Y!R<_0Y\)%O`X\%-XEU9O^);
M]C.K?;,7I^39YWF@#$O\6_'WN<5\(_!S_@I?^UEXK\9?'/\`9N^)MG\/]*^+
MGPW\<Z3H/@[1K/PW>M;:U;:C<I%:Z@RO?^8T3(_FN$8>2@W$O]VOO_2H]2BT
MZWCUBZBGNEA47,UO"8XWDQ\S*A9BJDYP"S$#N>M7C(8RCRPK2O;;6^EDU;RU
M%0E0J7E36^_KMKYZ'Q!\9_\`@WH_X)Z?M$?$2^^+7QQ7XA^)_$FI^6+_`%G5
MO'UU)-,$0(@)R,!455``````KMI?^".W[,%Q^S)_PQQ<>/\`XIO\-Q(I7PPW
MQ#NS$L:MN$&[._R-V&\K.S(!Q53_`(*L?MU_&/\`89N?A#?_``\N_!D.E?$'
MXD6OA;7KSQ?IEQ*FF13J6-ZKQ7<`"QJC$HW!SG<N.?5_V+OC#\5/CIX!O/B7
MXVUSPQK/AW5KF.Y\`^(?"^E36,>IZ8T*?O)8)KFX9'$PE`(?#)L;`R1734Q&
M;+"0JRJ/D^SKLT[:=K&$:6!>(E!07-UT[]SSW]C+_@D#^R9^P'XAUGQ%^R]>
M^-=";Q!8?9=8LY?%L]Q;W(`<1R-%)E?,CWL4?JI)[$BO/]2_X-ZO^"?.K_&)
M_P!H+49/B/+XX?7!K)\4GXA7@O?MXD$@N!(#D.'`((Z8&/2OMCQ,=970+UO#
MUY;V]^+60V<]W;M+%'+M.UG170NH.,J&4D<9'6OR\_9%_P""XO[4GQT\0?!K
M3=6\#_#KQ-J/Q%^(FI^'?%/@GP19WD>J^'-/M9DC_MEV>ZF`MAN9F\V.,8&`
M_4BL+/.,4ZE>E4=[6D[ZM6;U\K)[DUH9?0Y*4X*W16VU7^9]8_MD_P#!)#]E
M?]OFZT&?]J#4O&^O0^&K(6^D64?BV:"WB8JJR3F./"M-(%7>YY..PXKH/@Q_
MP30_9:^"W[-&I_L=V?A_5?$GPUU.%XF\)^,M6DU*WMD=VD=8?,^:+,CF3Y3\
MK@,NTC-?0"-O7-+7G_7<8Z,:7M'RIW2OHGW78[/JV']HY\JN]V?GGX<_X-F_
M^"<_@OX@3>./`NN?%'0;>X#)/H6C>/IK>VDB)R8FD1!<%".-IFZ>_-?0/Q7_
M`."7/[)GQ5_9KL?V/QX<U?PS\.+,YG\,>#M;ETZ'43O23==M&=]RWF(KEI&)
M9LLQ8U]%.P49-?'GPB_;5_:+_;+_`&BOC;\,_P!F.;P?X=\._!?6H_#R:GXI
MTBXU"7Q!K060S(?)N(1:VT;)LW`2.V[<,8VGK^MYIC'[255^Y9W;>FME\^QS
MO#X'#^XH+WNB6_<U?V.O^"./[(W[!7C:?QQ^R_JOCWP]+?&+^UM._P"$TN)K
M+4ECW;%N('RD@7>V#C(W'!&37>_MM?L`_`__`(*`>$+/X=?M":MXLD\/6DWG
M2:'H/B:>PM;N4$%'G2(CSBA&5W9"GD#/-=_^SWK'Q@\0?!?PYK/Q_P##=AH_
MC2XTQ'\2Z7I4A>VMKOG>D3%F+(.Q))(_*O'O^"H'[>&H_L&?!/0?$_@_P;:Z
M_P"+?&_C33_"G@_3M1G:*S%]=LVV:Y9/F$2*C$A>6.T`C)89QJYAB<?%QFY5
M+V3O^-_U+E3PM'"N\;0MJK?H/_8F_P""6G[+7_!/ZWUS2/V=1XIM]'\21XUC
MP]K?B6:_T^:3"KYWD2Y42%%"%AR5X.0!CQ#XF_\`!M?_`,$UO''Q.'Q6\#Z/
MXS^'>I?;OM?D^`/%#6<"29)/EK(DAMP<](B@'\.*]&TW]MOXT_`W_@H+X'_8
M3_:8D\-Z^GQ/\(7.J^$?%GA?2IM/-O?6JNUS9W%O+//F,JA:.57!Y"LI^]7U
MT#D9JYXO-,)6]K[5WFKW3^);?I;4F&'P5>GR<BM%VM;9GS':?\$A?V$D^`?B
M']GGQ!\*KC7M-\5VT4/B'7?$>MW-]K-YY3B2%C?S.TR^6X#HB,J*<X7DY\I_
M9W_X-T/^"<O[.VN76KV&C^,?$]O>N&NM$\4^*I)=.N%5MR)/:VZQ1W2*<X6<
M2#U!KC/VY?\`@KK^T-^RI^UU\5_@'9ZS\*K/2_!/PJB\8>%?^$DTF\%YKUW)
M+'''HZ%+Y0T\A9@CI&3G&8\`FONK]F+XG^,/C7^SSX)^+OQ`^'EUX2UOQ+X8
ML]2U7PS>;O-TR>:%7>!MZJV5)(^8`^H!K6K4SC"892=5J%2SWWNK_D9TX9?B
M*S2@N:&FWG8^4?A5_P`&\W_!/7X*?M!3_M$_#BU\;Z7J#W$TUIHVG^,)K:QL
MS(266-8`DICR1B)Y'CPH!4CBD\0_\&\?_!//Q7\7)OCWXA'Q%O/&D^M+J\OB
M:7XA7AO#?*XD6X\P'(=752",8VC&,"O8_P#@J;^U'\4_V*_V(/&G[4?P@LM!
MO-6\(1VEP=.\1V,T]O=Q2W4-NR?N9HF1AYP8-EA\N-O.1YA_P3Q_X*.?&K]J
MO]J#Q7\!_&'A?POKGA[1/`&C>(;?XA>![6>*QBO+R""232IA)/.IG0RO@K(#
MB%LH.UPQ&=U</+%*J[)6;YM;*VG_`),O43I9=3K*@X*[U6G5W_R9VO[8W_!)
M3]ES]O2+PY:_M/:QXYU^V\+6*V^DV2^,)X(5?:%>Y=(\!YW`&Z0\G'89KF_!
M7_!-'X/?LL>$;#X.?`?XM?%#P_X9L8WFLM(M_&TDD5NTDKN^SS58J"Q+;0<9
M8G&2:^Q<@]#7#?$W_D/0_P#7FO\`Z&]>=]>QCHJESOE6RZ?<=GU:A[3GY5?O
MU/QS\._\&O\`XD\2?\%.=?U/Q_=11?L_KJ)\0V$]I=JMSJ"3RM(-'"#YHO+;
M*/(0/W07:=S_`"?MGX0\)>%O`/A;3_!/@O0;/2M(TFSCM--TS3X%B@M8(U"I
M'&BX"JJ@``<#%>9P_P"J7_=%.K?'YIC<RY/;RNHJR_S]6987`X;!N3I1MS.[
M_KL?#O\`P<._\%CH/V-/AA/^R;^SUXI4?%/Q=IY74M0LY1O\,Z;("#+D?=N9
M1E8QU1=TG!";OYQI)))7,LKEF8DLS'))/4FOU'_X*J_\G^_$;_L)VW_I'!7S
MW7Z7P_2H9;ET/9QNY)-OJVU^2Z'QV:RJXS%MSEI&Z2/CNBOL2A>H^M>Y]>?\
MOXGERPJ2O<\&_98_9"_:'_;0^*-C\(_V=?AGJ'B#5+N95GF@A86MC&3@S7,V
M-D,:]2S'M@`D@'^C?X0>)/"O_!%?]GSX7_L8:3X"D\4BUTX7OB[Q'!J*6H:Z
MN9Y&GGCC96+YD61$#F,?\>T6XO*`+?\`P2__`.3<(/\`K\?^=4?VZO\`DO'P
M0_['!?\`THM:_.L\SFIF6,^K3C:G&[M?=I/5O]#ZW+,NA@\,Z\9>\[:]E='W
MPK<<FER/45Y'17QA](>N9'J*\?\`VFO@)\3OC'XD\+ZUX#^(6@6.G:3%J-MX
MF\+>*_#;:IIGB.TNDB7R)HA-%M*&/>K_`#$'(QM9@9**NG.5.:E'<F45.-F9
M/[`/[%/A3]A#X,:A\)_"NJV]P-8\6ZEXAOH]/L3:6-K/>2AC;V=N7?[/;1(J
M1HFYCA22<L:[W]HKX:^(/C-\#O%GPD\+>*;/1+OQ/H-UI7]JWNFM>);1W$31
M2/Y*RQ%V".VWYP`V"<@8/,454Z]6I6]K)WE>]R8TH1I\B6FQ3_X)_?LJZM^Q
M'^R?X3_9;U+XB6WBB'PC;2VUAK$.CM8M-"\SR@21F:4;PTC#<&`(Q\H[[?[8
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M+R78<*<*;?*MW=^IPG_!0?\`8.\8?MN:[\+-6\/_`!GT[PI'\+_'EMXLM(KO
MPN^HF_O;?_51N5NH=D6"VX`%CD89<<]U^S!\`/B9\$=0\1W'C[XO6&NV.IR6
MR>'?#V@^'GTO3-`MHO-9HX('N;@L\DLSN\A;)^1<!8T"K15O$UY4%1;]U;*R
M[WWWW(5"DJKJ):L].\2VFKZAX?O;'P]J%M:WTUI(EG<W=N9HHI2I"L\:NA=0
M<$J&4D#&1UK\YO@5_P`$`]=_9RNOA[\0?A7^UU!I?Q"^'GBF_OH/&%KX%*#6
M=+O7:6XTJ^M_MN)HO,9]CAE*+(XP25=?LNBKP^-Q.%A*-*5E+?1:Z-=?)O05
M;#4:\DYK5;?U\CUF+*Q@2,I;'S$#`)I^1ZBO(Z*Y3<];.TC&17RIX:_8"^*W
M[/G[2/Q*^.W[('QTT/P[I_Q<O8=3\8>&/%OA*75(;?55WA[ZS>&[MVC,@=B\
M;[U+8(('`]0HK:E7JT4U!Z/1K=/KL_,SJ4H5+7Z;'H?@#P]K'A+P;IOASQ'X
MRO/$-_9VB17FMZA%#'->R`?-*Z0HD:DG)VJH`Z"O(_\`@H#^PSX*_;W^#-E\
M-/$7BN[\.ZMX?\1V?B'PAXFL(%EETK5+5F,4WEMA94PS*R$C(;@@@$;-%33K
M5*-55(.TEJ.=.%2FX25T<)X>_8.\0>,OVS_#/[<'[3'Q)TOQ#XD\#>%IM%\%
M:/X<T.2PL+!I]_VF]D\V>:2:9U<H!N5$7LS88?2P*@8!_6O)**=6M4K6YWLK
M+R785.G"FGR]=3YH_:Z_X(BZ#^V?^TO\1OCS\6?C19FS\;^!(/#NDZ3:>%66
MXT"2VD2:TOX;HW1W3I,F6_=J'C=T^7.ZOK3]F'X:_%/X.?`[P_\`##XR_&0>
M/M=T.P6SG\6OI'V&74(T^6-YH_-ES+L`#N&^=@6P"36%16M;&XG$48TJDKQC
MMHM-+$4\-1I5'.*U>YE_\%$?V1]7_;L_9-\3_LJZ;\2;?PI!XK%M%J.LS:*;
MYXX8KB.?$<8FB`<O$@W$D`;OE)(([[X%_#C4_A%\&?#?PRU77++4+W0=#MM/
MEU.PTTVL=R88EB$HA:20H2%!(+MSGFN5HK)UJCHJE?W4[V\WH_R1?LJ?M74M
MK:WR-O\`9G^'?QH^%OPQ'A7X]_'=OB-K_P#:UY<?\)(^@PZ:3;23,T,'DPDK
M^[0A-W4XJ?XFD'7H<'_ET7_T-ZYVN2\>?\AB/_KV'_H35$Y.<G)]>VGX(J,5
%&*1__]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
