Golden Minerals Sells Minera William and Secures Equity Financing

Golden Minerals Company has announced the sale of its subsidiary Minera William S.A. de C.V. for US$1.2 million. The definitive agreement was signed with Streamline Metals Capital Ltd. and Horizon Silver Resources Ltd. Minera William held tax losses and a royalty interest in the San Diego project in Mexico.

Additionally, Golden Minerals has entered into a private placement equity financing with Streamline, issuing 3,740,000 common shares for US$856,463. This transaction will give Streamline a 19.9% stake in Golden Minerals. Proceeds from these transactions are planned for use in advancing joint ventures, evaluating new projects, and general corporate purposes.