---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-064509"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2026-05-20T20:11:18+00:00"
generated_at: "2026-05-20T20:14:24.487606+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-064509
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2026-05-20T20:11:18+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465926064509/0001104659-26-064509-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465926064509/tm2615234d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-064509
- JSON: https://secwatch.observer/filing/0001104659-26-064509.json
- Plain text: https://secwatch.observer/filing/0001104659-26-064509.txt

## Key facts
- Material Agreements
  Golden Minerals Co entered into Subscription Agreement with Streamline Metals Capital Ltd. valued at aggregate gross proceeds of approximately US$856,463 (effective 2026-05-14).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Streamline Metals Capital Ltd.
  - Value: aggregate gross proceeds of approximately US$856,463
  - Effective: 2026-05-14
  source text: On May 14, 2026, Golden Minerals Company (the “Company”), entered into a Subscription Agreement (the “Subscription Agreement”) with Streamline Metals Capital Ltd., a private mining investment company (“Streamline”), providing for the issuance and sale by the Company in a private placement (the “Private Placement”) an aggregate of 3,740,000 shares of the Company’s common stock, $0.01 par value per share, at a purchase price of US$0.2290 per share (the “Private Placement Shares”), for aggregate gross proceeds of approximately US$856,463.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000110465926064509/0001104659-26-064509-index.htm

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