Golden Minerals Company today announced it has signed a binding agreement to sell its Yoquivo gold-silver project to
Advance Metals Ltd. an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects . Under the terms of the Agreement, AVM shall purchase 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly-owned subsidiary of Golden Minerals, for total consideration of US$570,000 , payable in cash, plus value added tax as follows: A non-refundable cash payment of US$20,000, plus VAT, for AVM to have the right to carry out due diligence for a seven-day exclusive period, beginning on October 24, 2024. On November 1, 2024, AVM shall make a US$275,000 cash payment, plus VAT, to Golden. On No...