DENVER – July 29, 2010
– Gold Resource Corporation (GRC) (OTCBB: GORO,
FRANKFURT: GIH) is pleased to announce it has declared an initial Special Cash
Dividend of $0.03 per common share to its shareholders of record August 16
th
, 2010.
Gold Resource Corporation is a low-cost gold producer with operations in southern
Mexico.
Gold Resource Corporation was created, in part, to return money to the owners of the
Company, its shareholders. Since going public in September of 2006, management has
remained focused on a disciplined capital structure, generating cash flow from
operations and on the potential for distribution of meaningful dividends.
Gold Resource Corporation commenced Commercial Production July 1, 2010 from its El
Aguila Project’s operations in the southern state of Oaxaca, Mexico. The Company is
very pleased with the Project’s performance and by using cash flow generated from
operations the Board of Directors declares a Special Cash Dividend in the amount of
$0.03 per common share to be paid to those shareholders of record at the close of
business on August 16
th, 2010 and payable on or about August 26th
.
