Sentient Group Converts Remaining Debt To Golden Minerals Shares

GOLDEN, Colo., June 13, 2016

On June 10, 2016, Sentient converted approximately $1.16 million principal and accumulated interest into 4,011,740 shares of Golden Minerals common stock. The conversion price was equal to 90% of the 15-day VWAP (volume weighted average price) immediately preceding the loan's original issue date.  After conversion, Sentient holds approximately 46.8 percent of Golden Minerals' 88.9 million shares of issued and outstanding common stock.

Golden Minerals initially received $5.0 million in a secured, one-year convertible loan from The Sentient Group on October 27, 2015. Conversion of the principal plus interest into shares of Golden Minerals common stock was approved at a special meeting of stockholders held on January 19, 2016.  Sentient converted approximately $3.9 million principal plus $0.1 million accumulated interest into 23,355,000 Golden Minerals shares on February 11, 2016. 

About Golden Minerals

Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on acquiring and advancing mining properties near its Velardena processing plants and the exploration of properties in Mexico and Argentina.

For additional information please visit http://www.goldenminerals.com/ or contact:

Golden Minerals Company
Karen Winkler
Director of Investor Relations
(303) 839-5060
Investor.relations@goldenminerals.com