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Stock impact report

Golden Minerals Announces $2.25 Million Registered Direct Offering

Golden Minerals Company (AUMN) 
NASDAQ:AMEX Investor Relations: goldenminerals.com/ir.php
Company Research Source: GlobeNewswire
GOLDEN, Colo., July 17, 2019 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals" or the "Company”) today announced that it has entered into definitive agreements with institutional investors for an offering of shares of common stock with gross proceeds of $2.25 million. The offering is expected to close on or about July 19, 2019, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. acted as the exclusive placement agent in connection with this offering. The Company will issue to the investors approximately 8.65 million registered shares of common stock at a purchase price of $0.26 per share in a registered direct offering.  Additionally, for each share of common stock purchased by an investor, such investor will receive an unregistered warrant to purchase one share of common stock.  The warrants have an exercise price of $0.35 per share, shall be exercisable commencing six months from the date of issuance an Show less Read more
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