Golden Minerals enters into agreement
Golden Minerals Company (TSX: AUM) (PINKSHEETS: GDMN)reported that it has entered into an agreement to sell, on a private placement basis, 745,318 shares of common stock of the Company to The Sentient Group.
The press release is quoted as saying:
The proceeds of this offering will be used primarily for the advancement of the El Quevar project, the Company’s advanced stage silver exploration project in northwestern Argentina.