An anonymous director reports

GOLDEN MINERALS RECEIVES CONTINUED LISTING STANDARD NOTICE FROM NYSE AMERICAN

On July 2, 2024, Golden Minerals Company was notified by NYSE American LLC that it was not in compliance with three of the NYSE American's continued listing standards as set forth in Part 10 of the NYSE American Company Guide. Specifically, the company is not in compliance with sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the company guide since it reported stockholders' equity of $600,000 as of March 31, 2024, and losses from continuing operations and/or net losses in its five most recent fiscal years. The company was previously notified on June 9, 2023, that it was not in compliance with Section 1003(a)(iii). On July 6, 2023, the company submitted a plan to achieve compliance by Dec. 6, 2024. On Aug. 22, 2023, the NYSE regulation staff accepted the plan and granted a plan period through Dec. 6, 2024.

The notification from the NYSE American has no immediate effect on the company's common stock or its business operations. The company's common stock will continue to be listed on the NYSE American under the symbol AUMN while it regains compliance with sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the company guide, subject to the company's compliance with other continued listing requirements.

About Golden Minerals Company

Golden Minerals is a precious metals mining/exploration company based in Golden, Colo. The company is primarily focused on advancing its El Quevar silver property in Argentina and also on advancing its Yoquivo property in Mexico. The company is also focused on acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.

We seek Safe Harbor.