Brief: Golden Minerals Announces Termination Of Sales Agreement

Golden Minerals

11/09/2019 11:55

Sept 11 (Reuters) - Golden Minerals Co  AUMN.A :
    * GOLDEN MINERALS ANNOUNCES TERMINATION OF SALES AGREEMENT
    * GOLDEN MINERALS CO - DEAL WITH COMPAÑÍA MINERA AUTLÁN
S.A.B. DE
C.V. REGARDING SALE OF CERTAIN OF ITS MEXICAN PROPERTIES HAS
BEEN TERMINATED
    * GOLDEN MINERALS CO - NOW IN A POSITION TO CONSIDER FUTURE
OPTIONS FOR PROPERTIES THAT WERE INCLUDED IN AUTLÁN AGREEMENT
    * GOLDEN MINERALS CO - DUE TO RECENT INCREASES IN GOLD AND
SILVER
PRICES, WE BELIEVE VALUE OF MEXICAN ASSETS HAS INCREASED
SUBSTANTIALLY
    * GOLDEN MINERALS CO -  WILL CONTINUE TO HOLD VELARDEÑA
PROPERTIES
AND LEASE ITS OXIDE MILL TO A SUBSIDIARY OF HECLA MINING COMPANY
    * GOLDEN MINERALS CO - WILL CONTINUE TO HOLD SANTA MARIA,
RODEO
AND MOGOTES PRECIOUS METALS EXPLORATION PROPERTIES IN ITS
PORTFOLIO OF ASSETS
    * GOLDEN MINERALS- HAS OPTION TO REPAY DEPOSIT WITHIN 90
DAYS POST
TERMINATION/ELECT TO CONVEY RODEO CONCESSIONS TO AUTLÁN IN
SETTLEMENT

Source text for Eikon:  ID:nGNXbM9dXl 
Further company coverage:  AUMN.A 

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