Current Report Filing (8-k)
July 09 2020 - 4:06PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 7, 2020
GOLDEN MINERALS COMPANY
(Exact name of registrant as specified in
its charter)
DELAWARE
|
1-13627
|
26-4413382
|
(State or other jurisdiction of
incorporation or
organization)
|
(Commission
File Number)
|
(I.R.S. Employer
Identification Number)
|
350 Indiana Street, Suite 650
Golden, Colorado 80401
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including
area code: (303) 839-5060
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
|
¨
|
Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
|
|
¨
|
Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
|
|
¨
|
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
|
|
¨
|
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
|
Securities registered pursuant to Section 12(b) of the
Act:
Title of each class
|
|
Trading
Symbol(s)
|
|
Name of each exchange
on which registered
|
Common Stock, $0.01 par value
|
|
AUMN
|
|
NYSE American
|
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter). Emerging growth company ¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ¨
TABLE OF CONTENTS
|
Item 1.02
|
Termination of a Material Definitive Agreement
|
On July 7, 2020, Golden
Minerals Company (the “Company”) received written notice from Minera Hecla S.A. de C.V., an indirect subsidiary of
Hecla Mining Company (“Hecla”), notifying the Company of Hecla’s election to terminate the Master Agreement and
Lease Agreement, dated as of July 1, 2015, by and between Minera Hecla S.A. de C.V. and Minera William S.A. de C.V., an indirect
subsidiary of the Company (as amended, the “Lease”). Pursuant to the Lease, Hecla has been processing ore from its
San Sebastian mine at the Company’s Velardeña oxide plant. As a result of Hecla’s early termination, the lease
term will expire on November 30, 2020, rather than on the scheduled termination date of December 31, 2020. Hecla will continue
to make the required monthly payments under the Lease through November 30, 2020.
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: July 9, 2020
|
Golden Minerals Company
|
|
|
|
|
|
By:
|
/s/ Robert P. Vogels
|
|
|
Name:
|
Robert P. Vogels
|
|
|
Title:
|
Senior Vice President and Chief Financial Officer
|
Golden Minerals (AMEX:AUMN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Golden Minerals (AMEX:AUMN)
Historical Stock Chart
From Sep 2023 to Sep 2024