Golden Minerals Company – 2019

GOLDEN, Colo., Aug. 23, 2019 (GLOBE NEWSWIRE) — Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced that on August 19, 2019, the Company was notified by the NYSE American LLC (the “NYSE American”) that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide (the “Company Guide”). Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of less than $6.0 million as of June 30, 2019 and losses from continuing operations and/or net losses in its five most recent fiscal years. In order to maintain its listing on the NYSE American, the Company was asked to submit a plan of compliance no later than September 18, 2019 advising how the Company intends to regain compliance with Section 1003(a)(iii) of the Company Guide by February 19, 2021. The Company intends to prepare and timely submit its plan of compliance to the NYSE American.