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Golden Minerals enters into agreement

December 30, 2009 @ 10:41 am In Silver Company News

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.

Click here to access the entire press release [1]


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[1] Click here to access the entire press release: http://www.marketwire.com/press-release/Golden-Minerals-Company-TSX-AUM-1096439.html

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