Golden Minerals Enters into Agreement for the Sale of Velardeña and Other Properties
Golden Minerals Company (AUMN)
NASDAQ:AMEX Investor Relations:
goldenminerals.com/ir.php
Company Research
Source: GlobeNewswire
GOLDEN, Colo., June 27, 2019 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today that it has entered into an agreement to sell certain of its Mexican properties to Compañía Minera Autlán S.A.B. de C.V. (MSE: AUTLANB) (“Autlán”) for US$22.0 million. Under the terms of the agreement, Autlán will have the option to purchase the Canadian holding company ECU Silver Mining, Inc. which owns three of the Company’s Mexican subsidiaries, which together hold the Velardeña properties, including the Velardeña and Chicago mines (currently on care and maintenance), the two processing plants, mining equipment and other adjacent exploration properties. The transfer would include the lease agreement pursuant to which the Company has leased the oxide plant to Minera Hecla, S.A. de C.V. through 2020. The proposed transaction also would include the sale of the Rodeo and the Santa Maria project concessions. The agree
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News
- Golden Minerals (NYSE: AUMN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Golden Minerals (NYSE: AUMN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Golden Minerals (NYSE: AUMN) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Advance Metals to acquire Golden Minerals' Yoquivo silver project in Mexico [Yahoo! Finance]Yahoo! Finance
- Golden Minerals Signs Binding Agreement to Sell Yoquivo Gold-Silver ProjectBusiness Wire
AUMN
Sec Filings
- 10/30/24 - Form 8-K
- 10/1/24 - Form 8-K
- 9/16/24 - Form SC
- AUMN's page on the SEC website