Past year: ▼ 33%(19.0c – 37.0c USD)
Each one in plain English, with the numbers worked through for a shareholder.
20 May 2026capital raising announcement▲ GoodMajor
Agreed to sell 3,740,000 shares to Streamline Metals Capital Ltd., a private mining investor, for about $856,000 at $0.229/share -- new outside capital found after NYSE American's December 2024 delisting proceedings pushed the stock to the OTC Pink Market; the deal also requires Toronto Stock Exchange approval.
6 Mar 2025listing compliance notice▼ Bad
Golden Minerals Co withdrew a registration statement, abandoning the offering it covered.
16 Dec 2024listing compliance notice● NeutralMajor
Golden Minerals Co's exchange filed to remove a class of its securities from listing.
11 Dec 2024listing compliance notice▼ BadMajor
NYSE American moved to suspend and delist Golden Minerals' stock outright, ruling it no longer suitable for listing; shares were set to move to the OTC Pink Market - the terminal outcome of a listing-compliance crisis that had been building since 2019.
30 Oct 2024asset acquisition disposition▼ BadMajor
Golden Minerals completed the El Quevar sale to Butte Energy (which renamed itself Argenta Silver Corp), leaving the company with only two minor exploration properties, about $3.6 million cash, and an explicit warning it may need to sell itself or its remaining assets or else cease operations.
1 Oct 2024material agreement▼ BadMajor
Golden Minerals signed the definitive agreement to sell El Quevar (via Silex Argentina) to Butte Energy for the same $3.5 million, with $1 million already received.
6 Sept 2024material agreement▼ BadMajor
Facing urgent liquidity needs (and still owed $2.8 million from the Velardeña sale), Golden Minerals agreed to sell Silex Argentina S.A. - the subsidiary holding its last major asset, the El Quevar silver project - to Butte Energy for $3.5 million.
9 July 2024listing compliance notice▼ BadMajor
Golden Minerals' listing troubles deepened sharply: NYSE American found it now failed all three stockholders'-equity tests, with equity down to just $0.6 million.
3 May 2024material agreement▼ BadMajor
Golden Minerals, having ceased mining at Velardeña earlier in 2024, agreed to sell its remaining Velardeña mines, plants and equipment to a private Mexican buyer for $5.5 million - a full exit from the asset it had restarted only a year earlier.
27 Mar 2024material agreement termination▼ BadMajor
Barrick Gold walked away from its 2020 option to earn a 70% stake in Golden Minerals' El Quevar silver project in Argentina after spending over $6 million and drilling five holes, handing full ownership back to Golden Minerals but ending a funded exploration partnership the company had not previously disclosed to this level of detail.
7 Dec 2023asset acquisition disposition▲ GoodMajor
Golden Minerals completed the sale of Santa Maria to TSM for $1.5 million cash plus VAT, retaining a capped 1.5% royalty - closing out a Santa Maria disposal effort that had run through a lapsed Magellan option and an unclosed Fabled deal since 2019.
9 Nov 2023material agreement▲ GoodMajor
Golden Minerals raised capital again through a public offering of stock and warrants to institutional investors at $0.70 per share, adding to its recurring reliance on dilutive equity financing to stay funded.
24 Aug 2023listing compliance notice▲ Good
NYSE American accepted Golden Minerals' plan to cure its stockholders'-equity shortfall, giving it until December 2024 to regain compliance and keep its listing.
16 Aug 2023material agreement● Neutral
With the Fabled deal never having closed, Golden Minerals lined up a new buyer for Santa Maria, signing a binding letter of intent to sell it to Mexican firm TSM for $1.5 million cash plus a capped royalty.
7 July 2023auditor change● Neutral
Golden Minerals switched auditors again, replacing Armanino with Haynie & Company after a request-for-proposal process, with no disagreements reported.
29 June 2023capital raising announcement▲ Good
Raised roughly $1.1 million in a registered direct offering of 790,000 shares plus pre-funded warrants at $1.45 per share -- a marked price recovery from the $0.17-0.50 range of 2016-2020.
9 June 2023listing compliance notice● NeutralMajor
NYSE American again flagged Golden Minerals for insufficient stockholders' equity, but the same announcement disclosed the Board had approved restarting silver-gold mining at Velardeña on improved sales terms, funded with only about $0.5 million after successful 2023 test-mining sales.
9 Sept 2022auditor change● Neutral
Golden Minerals replaced Plante & Moran with Armanino LLP as its independent auditor following a request-for-proposal process, with no disagreements reported.
10 Dec 2020material agreement▲ GoodMajor
Golden Minerals signed a definitive agreement to sell its Santa Maria option to Fabled (by now renamed Fabled Silver Gold Corp) on the same roughly $4 million staged terms outlined in the July letter of intent, plus a royalty.
12 Aug 2020material agreement termination▲ Good
Golden Minerals repaid and terminated its $1 million Sentient loan from March 2020, using proceeds from its recent equity raise.
24 July 2020material agreement▲ GoodMajor
Golden Minerals raised roughly $7.5 million in fresh capital through an underwritten public stock offering with H.C. Wainwright, selling about 17.9 million shares at $0.42 each.
20 July 2020material agreement▲ GoodMajor
With Magellan's option lapsed, Golden Minerals lined up a new prospective buyer for Santa Maria, signing a binding letter of intent with Fabled Copper Corp for staged payments totaling about $4 million plus a royalty.
9 July 2020material agreement termination▼ BadMajor
Hecla exercised its right to end the Velardeña processing lease early, closing out the fee-income arrangement a month ahead of its scheduled expiration.
23 Apr 2020capital raising announcement▼ BadMajor
Raised $3.0 million in a registered direct offering (15,000,000 shares) plus warrants at $0.20 per share -- pricing near the company's historic lows, with investors also getting rights to participate in up to 50% of any offering over the next year.
What it means for a shareholder
15.0m new shares at about US$0.200 to raise about US$3.0m. That's 12% dilution: every existing holder's slice gets 12% smaller. If you held US$1,000 of shares (5,000 at the issue price), your slice goes from 0.00461% to 0.00405% of the company. To keep it you'd need 692 more shares - about US$138 at the issue price.
Create a free account to see this worked out for your own holding.
15 Apr 2020resource reserve update▲ GoodMajor
Golden Minerals reported positive updated technical studies for Velardeña (a ten-year underground plan with bio-oxidation processing) and a first economic assessment for its Rodeo gold project, though no decision to restart production had been made.
13 Apr 2020capital raising announcement▲ GoodMajor
Granted Barrick Gold Corporation an earn-in option on the El Quevar silver project (Salta, Argentina): Barrick could earn a 70% interest by spending $10 million on exploration over eight years and delivering a pre-feasibility study -- a major-miner endorsement of the project (an option Barrick would later drop in April 2024). Separately, restructured repayment of a $1.5 million deposit owed to Compania Minera Autlan after an earlier 2019 asset-sale agreement with Autlan fell through, with the unpaid balance now accruing 12% interest.
2 Apr 2020debt financing▼ BadMajor
As the cash crunch continued into the pandemic, Golden Minerals borrowed another $1 million from Sentient (by now roughly 38% owner) in an unsecured short-term loan.
19 Mar 2020farm in farm out agreement▼ BadMajor
Magellan Gold's option to acquire Golden Minerals' Santa Maria project expired unexercised, so the expected $1 million option payment won't be received; with only about $2.2 million cash on hand, Golden Minerals cut discretionary exploration spending.
20 Dec 2019asset acquisition disposition▲ Good
Golden Minerals sold non-strategic Mogotes and Pistachon exploration concessions near Velardeña to a subsidiary of Industrias Peñoles for $3 million, a pure gain since the properties carried zero book value.
6 Dec 2019material agreement● Neutral
Golden Minerals and Hecla amended their Velardeña processing lease again, temporarily cutting Hecla's per-tonne fee when silver prices and ore grades are both low, to keep the arrangement viable for Hecla.
