Agoracom: Small Cap Investment - Golden Minerals Company - And this is why HC Wainwright always has a "Buy" on AUMN

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Reply New Message

Back To Forum List View

Silverbull50

Rank: President [?]

Points: 2958 [?]

Votes: 49 Score: 4.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

And this is why HC Wainwright always has a "Buy" on AUMN

posted on Jun 27, 2023 08:16AM

1.427MM shares (plus a warrant) at $1.45, down from 6/26 close of $1.90.--Stunning!

GOLDEN, Colo.--(BUSINESS WIRE)-- Golden Minerals Company(AUMN) (“Golden Minerals”, “Golden” or the “Company”) is pleased to announce that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,427,587 shares of common stock (or common stock equivalents in lieu thereof) at a purchase price of $1.45 per share (or common stock equivalents in lieu thereof) in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of $1.90 per share which will be exercisable six months from the date of issuance and for a period of five years following initial exercise date. The offering is expected to close on or about June 29, 2023, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

The gross proceeds from the offering are expected to be approximately $2.1 million, prior to deducting placement agent’s fees and other offering expenses payable by Golden. Golden intends to use the net proceeds from the offering for working capital and other general corporate purposes.

1 Recommendations

Reply New Message

Back To Forum List View

Please to post a reply