On September 05, 2014, Golden Minerals Company (AUMN) announced that it has raised $5,000,000 in a Units (Common Stock + Warrants) transaction.

Golden Minerals Company (AUMN) raises $5M at 15% Discount from Sentient Group

Golden Minerals Company (AUMN) announced Friday it has raised $5,000,000 in a Units (Common Stock + Warrants) transaction. The common stock was sold at $0.86 per share, an approximate 15% discount to the market price ($1.01) of AUMN at deal announcement. A series of 2,906,977 60-Month Warrants with an exercise price of $1.21 per share (19.8% premium) was issued to the investor in this transaction. The investor was The Sentient Group. The Sentiment Group's history with Golden Minerals dates back to 2009.