Investors

Overview

Golden Minerals Company is a Colorado-based precious metals exploration and development company, focused primarily on Argentina and Mexico, that offers investors leverage to silver and gold prices. We are revenue-generating through the lease of one of our mills to Hecla Mining Company.

Why Invest in Golden Minerals Company?

Income

  • ~$4.5M annual net operating margin from plant lease in Mexico
  • Expected duration at least through 2020
  • $0.05 per share per year

Resources

  • M&I resources:  78M oz AgEq1  
  • Inferred resources:  39M oz AgEq
  • Total resource:  1.2 AgEq oz in the ground per share of AUMN

Value

  • El Quevar PEA $45M NPV (2018)2 
  • Santa Maria PEA  $10.6M NPV (2018)3
  • Velardeña mine & 300 tpd sulfide plant on stand-by

Cash

$3.3M (as of 12/31/18)

Debt

Zero

Project
Pipeline

Argentina:  El Quevar
Mexico:  Santa Maria, Yoquivo, Mogotes, Flechas, Navegantes

Experience

Experienced management and directors; strong technical staff

Capital Structure

Capital Structure as of February 28, 2019

Shares Issued & Outstanding  96.4
    Warrant Shares  11.5
    Stock Options and Restricted Stock Units  2.3
    KELTIP Units 1 1.6
Fully Diluted Shares  111.8
Cash and Short-Term Investments 2  $3.3
Debt $0.0

1 Key Employee Long Term Incentive Plan
2 As of December 31, 2018

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