secwatch.observer — SEC 8-K summary
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Issuer:     Golden Minerals Co (AUMN)
CIK:        0001011509
Form:       8-K
Filed at:   2026-11-10T21:35:28+00:00
Accession:  0001104659-26-125255
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011509/000110465926125255/0001104659-26-125255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011509/000110465926125255/tm2629418d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-125255

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