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8-K//Current report

Golden Minerals Co 8-K

Accession 0001176256-26-000002

$AUMNCIK 0001011509operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 2, 7:15 PM ET

Size

199.6 KB

Accession

0001176256-26-000002

Research Summary

AI-generated summary of this filing

Updated

Golden Minerals Co. Completes Sale of Mexican Subsidiaries

What Happened
Golden Minerals Company announced it completed the sale of its wholly owned Mexican subsidiaries, Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V., to a privately held Mexican group. The sale closed on December 30, 2025, and the company received $65,000 in cash. Golden Minerals issued a press release announcing the completion on January 2, 2026 (filed as Exhibit 99.1 to the 8-K).

Key Details

  • Transaction closed: December 30, 2025.
  • Subsidiaries sold: Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V.
  • Cash received by Golden Minerals: $65,000.
  • Press release announcing completion dated January 2, 2026 (Exhibit 99.1).

Why It Matters
This filing documents a disposition of the company’s Mexican subsidiaries and a small cash receipt. For investors, the amount received ($65,000) is modest and suggests the transaction is not a material change to Golden Minerals’ overall financial position based on the disclosed facts. The 8-K does not provide details on any gain or loss on the sale or how proceeds will be used; investors should review the attached press release and future filings for any additional financial impact or commentary.