Each one in plain English, with the numbers worked through for a shareholder.
3 Apr 2018agm notice● Neutral
Golden Minerals filed its proxy statement for the annual meeting on May 17, 2018, asking stockholders to elect seven directors, ratify EKS&H LLLP as auditor, and hold advisory votes on executive pay and on how often to hold that vote.
Golden Minerals filed a final prospectus allowing a selling stockholder to resell up to 1,811,015 shares of common stock acquired in a private placement. The company will receive no proceeds from the sales.
Golden Minerals reported quarterly revenue of $1.7 million from the oxide plant lease and a net loss of $35 thousand for the three months ended 2017-06-30. The loss from operations was $461 thousand.
Granted lessee Hecla Mining Company an option to extend its Velardeña oxide-plant lease by up to two more years (through end-2020) in exchange for a $1.0 million upfront cash payment plus a further $1.0 million purchase, extending a cash-generating relationship that had let Golden Minerals monetize idle processing capacity.
Golden Minerals stockholders elected all eight director nominees and ratified EKS&H LLLP as auditor for 2017 at the May 16, 2017 annual meeting, with about 71.6% of eligible shares represented.
Golden Minerals issued a notice of Internet availability of proxy materials for its May 16, 2017 annual meeting, listing the election of eight directors and ratification of EKS&H LLLP as auditor.
Golden Minerals announced its annual stockholder meeting for May 16, 2017 in Golden, Colorado, where holders would vote on electing eight directors and ratifying EKS&H LLLP as auditor for 2017.
Golden Minerals set up an at-the-market equity sales facility with H.C. Wainwright allowing it to raise up to $5 million by selling shares incrementally into the market as needed.