Golden Minerals Q1 net loss $0.6M; sells Mexico subsidiary for $1.2M, raises $856k in PIPE

Golden Minerals Co

Q1 net loss $0.6M ($0.04/sh) vs $1.2M ($0.08/sh) YoY; admin expenses down to $0.5M.
Cash and equivalents $0.9M at Mar 31 (down from $1.3M); no debt.
After quarter end, sold Minera William (Mexico subsidiary) for $1.2M cash; also agreed to issue 3.74M shares at $0.2290 for gross $856k.
Company expects cash from these transactions to fund into early 2027 but still needs additional financing; evaluating sale or partnerships.

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