---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-125255"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2026-11-10T21:35:28+00:00"
generated_at: "2026-11-10T21:36:10.592346+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Golden Minerals closes C$5M private placement; TSX places it under 120-day delisting review

## Summary
- Golden Minerals sold 17,857,143 units at C$0.28 per unit for gross proceeds of C$5,000,000, with each unit including one share and one-half warrant.
- Warrants are exercisable at C$0.45 for 24 months and subject to acceleration if VWAP exceeds C$0.90 for 10 consecutive trading days.
- Haywood Securities received C$289,800 cash and 1,035,000 finder's warrants, each exercisable at C$0.45 for 24 months.
- TSX placed Golden Minerals under a 120-day delisting review and scheduled a March 3, 2027 Continued Listing Committee meeting; the company may seek a TSXV listing.
- Net proceeds will fund Desierto drilling and the July 2027 option payment, reduce liabilities, and cover expenditures through the end of 2027.

## SEC filing metadata
- accession: 0001104659-26-125255
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2026-11-10T21:35:28+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000110465926125255/0001104659-26-125255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000110465926125255/tm2629418d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-125255
- JSON: https://secwatch.observer/filing/0001104659-26-125255.json
- Plain text: https://secwatch.observer/filing/0001104659-26-125255.txt

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