GOLDEN MINERALS COMPANY (TSE:AUM) Files An 8-K Other EventsItem 8.01 Other Events.
On December20, 2016, Golden Minerals Company (the “Company”) entered into an At the Market Offering Agreement (the “Sales Agreement”) with H.C. Wainwright& Co., LLC (“Wainwright”), under which the Company may, from time to time, issue and sell shares of the Company’s common stock, $0.01 par value per share, on the NYSE American, or on any other existing United States trading market for its common stock, through Wainwright as sales manager for aggregate sales proceeds of up to $5,000,000 (the“ATM Offering”). A copy of the Sales Agreement was filed with the Securities and Exchange Commission (the “SEC”) on a Current Report on Form8-K on December20, 2016.
On September14, 2017, the Company filed with the SEC a new shelf registration statement (the“New Shelf Registration Statement”) on FormS-3 (No.333-220461), which replaced the existing shelf registration statement on FormS-3 (No.333-199026) filed with the SEC on September30, 2014, as amended on October24, 2014, and declared effective on November5, 2014. On September28, 2017, the New Shelf Registration Statement was declared effective. On September29, 2017, the Company filed a new prospectus supplement (the “Prospectus Supplement”) with the SEC in connection with the ATM Offering. As of the date of the Prospectus Supplement, we may offer and sell the remaining balance of common stock having a maximum aggregate sales price of up to $4,280,000.
The legal opinion of Davis Graham& Stubbs LLP relating to the common shares being offered to the Sales Agreement and Prospectus Supplement is filed as Exhibit5.1 to this Current Report on Form8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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ExhibitNo. |
Description |
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5.1 |
Opinion of Davis Graham& Stubbs LLP |
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23.1 |
Consent of Davis Graham& Stubbs LLP (included in Exhibit5.1) |