{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-013874","form_type":"8-K","ticker":"AUMN","cik":"0001011509","company_name":"Golden Minerals Co","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.355114+00:00","generated_at":"2026-05-30T07:55:37.197137+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Golden Minerals closes El Quevar sale for $3.5M; warns of possible liquidation if no new capital","bullets":["Completed sale of Silex Argentina (El Quevar Project) to Butte Energy for US$3.5M total; $2.5M received Oct 24, 2024.","Post-sale cash and equivalents ~$3.6M; accounts payable ~$1.6M; still owed $1.8M plus VAT from Velardeña asset sale.","Only near-term cash flow source is from asset sales, equity, or external financing; no operational cash inflows.","Evaluating sale of company, other assets, or financing; may cease operations and liquidate if unable to obtain resources."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-013874","json":"https://secwatch.observer/filing/0001558370-24-013874.json","markdown":"https://secwatch.observer/filing/0001558370-24-013874.md","text":"https://secwatch.observer/filing/0001558370-24-013874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1011509/000155837024013874/0001558370-24-013874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1011509/000155837024013874/aumn-20241024x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:55:37.197137+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a58dd8d281c22e9a2cb749a99daf01e7297fbb4","claim":"Golden Minerals Co completed a disposition involving Butte Energy Inc. for $3.5 million (closed 2024-10-24).","evidence_excerpt":"Company’s wholly owned subsidiary that holds the El Quevar Project located in Salta Province, Argentina, to Butte Energy Inc. In connection with the sale, the Company received $3.5 million in cash. ​ --- EX-99.1 (EX-99.1) --- Golden Minerals Announces Completion of Sale of its El Quevar Silver Project and Provides Corporate Update ​ GOLDEN, CO - /BUSINESS WIRE/","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1011509/000155837024013874/0001558370-24-013874-index.htm","confidence":0.98,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Butte Energy Inc."},{"label":"Consideration","value":"$3.5 million"},{"label":"Closing","value":"2024-10-24"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}