Golden Minerals Completes Mine Sale, Negotiates Delay

Golden Minerals Co (AUMN) has released an update.

Golden Minerals Company has successfully sold the Velardeña Mine and associated facilities for $2,500,000 plus VAT to a private Mexican entity, while the sale of its oxide plant and water wells has been delayed due to pending payments. The company is currently seeking to negotiate an extension for the remaining sale amount of $2,627,000 plus VAT. These transactions are part of Golden Mineral’s strategy to focus on its primary silver projects in Argentina and Mexico.

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