An anonymous director reports

GOLDEN MINERALS ANNOUNCES CLOSING OF EQUITY FINANCING

Golden Minerals Company has closed its previously announced private placement equity financing with Streamline Metals Capital Ltd. for gross proceeds of $856,463 (U.S.) from the sale of 3.74 million common shares of the company at a price of 22.9 U.S. cents per share.

The net proceeds of the offering are expected to be used by the company: (i) for working capital purposes; (ii) to advance joint venture processes in relation to the company's Sand Canyon project in Nevada and Sarita/Desierto project in Salta, Argentina; (iii) to evaluate new project opportunities, including opportunities in Bolivia; and (iv) for other general working capital and corporate purposes.

In connection with the closing of the offering, Streamline now holds approximately 19.9 per cent of issued and outstanding common shares of the company.

Streamline is a privately held firm based in Vancouver, B.C., focused on investments in mining and mineral exploration opportunities. Streamline is backed by Nolan Watson, an experienced mining executive and investor who founded Sandstorm Gold Ltd. and served as its president and chief executive officer. Sandstorm was acquired by Royal Gold Inc. in 2025.

We seek Safe Harbor.