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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: 5/3/16 AUMN announces $4 million direct offering via Rodman/Renshaw
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Just noticed that Santa Cruz has a cash balance at the end of Dec 2015 of $270,000. They are paying $200,000 at the signing of the agreement and $200,000 6 months later. Santa Cruz had a cash balance of over 6 million at the end of 2014. Does anyone know what happens if Santa Cruz defaults on their payment schudule back to Golden?

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