Golden Minerals Closes Silex Argentina Deal; Mulls Options Including Sale as It Issues a Going-Concern Warning

MT Newswires10-25

Golden Minerals (AUMN.TO) after trade Thursday said it completed the $3.5-million sale of its Silex Argentina unit to Butte Energy, while adding it is reviewing its strategic options and issued a ...

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To address its liquidity and financial stability issues it is exploring various options, including selling the company itself, finalizing the sale of Velardena Properties assets, finding buyers or partners for other assets, and seeking external financing.The company further said that if it fails to secure additional resources, it may have to cease operations and liquidate.Golden Minerals closed up $0.01 to $0.53 on the Toronto Stock Exchange.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4188":"贵重金属与矿石","AUMN":"黄金矿业"},"translate_title":"Golden Minerals完成Silex阿根廷交易；考虑包括出售在内的选择，因为它发出了持续经营警告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUMN":1},"content_text":"Golden Minerals (AUMN.TO) after trade Thursday said it completed the $3.5-million sale of its Silex Argentina unit to Butte Energy, while adding it is reviewing its strategic options and issued a going-concern warning. \n\n Silex owns the El Quevar Project in Salta Province, Argentina. 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