---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-085402"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2024-08-02T23:59:59+00:00"
generated_at: "2026-05-31T13:20:51.563078+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Golden Minerals CFO departing; cash may run out by Sept 2024; Velardeña sale delayed

## Summary
- Julie Weedman retiring as SVP and CFO effective Aug 15, 2024; Joe Dwyer (Corp Controller) appointed CFO.
- Cash and cash equivalents $1.4M as of June 30 vs $4.8M current liabilities; expects cash exhausted by Sept 2024.
- Velardeña asset sale: received $2.5M+ for mine/plant; $373k partial for oxide plant; $2.627M due July 1, payment uncertain.
- Evaluating sale of El Quevar (Argentina), Yoquivo (Mexico), or entire company; may cease operations if no funding.

## SEC filing metadata
- accession: 0001104659-24-085402
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2024-08-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465924085402/0001104659-24-085402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465924085402/tm2420781d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-085402
- JSON: https://secwatch.observer/filing/0001104659-24-085402.json
- Plain text: https://secwatch.observer/filing/0001104659-24-085402.txt

## Key facts
- Executive change
  Julie Weedman resigned as Senior Vice President and Chief Financial Officer at Golden Minerals Co.
  - Action: resigned
  - Role: Senior Vice President and Chief Financial Officer
  source text: On July 29, 2024, Julie Weedman notified the Company that she would be retiring and resigning from her roles as Senior Vice President and Chief Financial Officer of the Company, effective on August 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000110465924085402/0001104659-24-085402-index.htm
- Executive change
  Joe Dwyer was appointed as Chief Financial Officer at Golden Minerals Co.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On July 31, 2024, the Board of Directors of the Company appointed Joe Dwyer, the current Corporate Controller of the Company, as the Chief Financial Officer of the Company, effective as of August 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000110465924085402/0001104659-24-085402-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.