Golden Minerals Signs Definitive Agreement to Sell Its El Quevar 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” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) announces that further to its press release dated September 3, 2024, it has entered into a definitive agreement (the “Definitive Agreement”) to sell Silex Argentina S.A. (“Silex”), its wholly-owned subsidiary, to Butte Energy Inc. (“Butte”). Butte has agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the Company’s El Quevar silver project located in Salta Province, Argentina.The Definitive Agreement is binding on the parties, pending closing of the sales transaction (the “Transaction”) on or prior to October 31, 2024. The purchase price for the acquisition of 100% of Silex is US$3,500,000, payable in cash, as follows:US$500,000, as a non-refundable deposit, which was paid on September 3, 2024;US$500,000, payable to Golden prior to the close of business on September 27, 2024; andUS$2,500,000 payable to Golden upon closing o
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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