Golden Minerals Signs Binding Agreement to Sell Yoquivo Gold-Silver Project
Golden Minerals Company (AUMN)
NASDAQ:AMEX Investor Relations:
goldenminerals.com/ir.php
Company Research
Source: Business Wire
GOLDEN, Colo.--(BUSINESS WIRE)--Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) today announced it has signed a binding agreement (the “Agreement”) to sell its Yoquivo gold-silver project (located in Chihuahua State, Mexico) (the “Yoquivo Project”) to Advance Metals Limited (ASX: AVM) (“AVM”) an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects (the “Transaction”).Under the terms of the Agreement, AVM shall purchase 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly-owned subsidiary of Golden Minerals, for total consideration of US$570,000 (the “Purchase Price”), payable in cash, plus value added tax (“VAT”) as follows:A non-refundable cash payment of US$20,000, plus VAT, for AVM to have the right to carry out due diligence for a seven-day exclusive period, beginning on October 24, 2024.On November 1, 2024, AVM shall make a US$275,000 cash pay
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News
- Golden Minerals Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Golden Minerals Reports Third Quarter 2024 Financial ResultsBusiness Wire
- 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
AUMN
Sec Filings
- 11/19/24 - Form 10-Q
- 11/15/24 - Form NT
- 11/14/24 - Form SC
- AUMN's page on the SEC website