AUMN 8-K
Golden Minerals Co (AUMN)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
Current Report
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Item 8.01 Other Events.
On December 30, 2025, Golden Minerals Company (the “Company”) completed the sale of its wholly owned Mexican subsidiaries, Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V. (the “Subsidiaries”), to a privately held Mexican group. In connection with the sale, the Company received $65,000 in cash.
On January 2, 2026, the Company issued a press release announcing the completion of the sale of the Subsidiaries. The full text of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit No. |
Description | |
| 99.1 | Press Release, dated January 2, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 2, 2026
| Golden Minerals Company | |||
| By: | /s/ Pablo Castanos | ||
| Name: | Pablo Castanos | ||
| Title: | President and Chief Executive Officer | ||
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Exhibit 99.1
Golden Minerals Company Substantially Reduces Liabilities in Mexico
GOLDEN, CO – / ACCESS NEWS WIRE/ – January 2, 2026 – Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (OTCQB: AUMN and TSX: AUMN) announced that it has 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 transaction was completed on December 30, 2025, for total consideration of approximately US$65,000.
Upon consummation of the transaction, Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V. held net operating losses, inflation-adjusted capital contributions, several liabilities including approximately US$60,000 in past-due accounts payable, the remaining labor claim in Mexico of approximately US$56,000, and the Rodeo mining concession, a mined-out project that includes an associated asset retirement obligation with a book liability value of approximately US$450,000. Under Mexican law, the balance of the subsidiaries’ capital contribution accounts (“CUCAs”) may be bought and sold. All funds related to the sale have been received.
This transaction represents a significant step forward in the Company’s planned exit from Mexico, allowing Golden Minerals to substantially eliminate its liabilities in the country and reduce ongoing overhead and administrative costs to a minimum, while enabling the Company to focus on other regions.
For additional information, please visit http://www.goldenminerals.com/ or contact:
Golden Minerals Company
(303) 839-5060
SOURCE: Golden Minerals Company
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GOLDEN MINERALS COMPANY
350 Indiana Street – Suite 650 – Golden, Colorado 80401 – Telephone (303) 839-5060