Financing ·
Raises C$5M in private placement and faces TSX delisting review
AUMNGolden Minerals Co
Golden Minerals completed a non-brokered private placement of 17,857,143 units at C$0.28 per unit for gross proceeds of C$5,000,000 on November 9, 2026. Each unit includes one share and half a warrant exercisable at C$0.45. The company paid finder's fees including cash and warrants to Haywood Securities. Concurrently, the Toronto Stock Exchange placed Golden Minerals under a 120-day delisting review with a hearing scheduled for March 3, 2027, prompting consideration of a listing transfer to the TSX Venture Exchange. Proceeds will fund exploration at its Desierto project in Argentina and general corporate purposes. The company operates as an exploration-stage mineral resource developer focused on gold and silver projects.