When a company is out of money and desperately seeking ways to raise capital in order to survive, Golden Mineral runs counter to common sense and hires an expensive executive to add to their already-ridiculous 7-member BOD. I have to wonder, is he a bankruptcy specialist?
Their prior decision to implement a 1 for 25 reverse split has sure blown up in shareholder faces!
Golden Minerals Names Executive Vice President
MT NEWSWIRES 6:16 AM ET 6/16/2023
Symbol |
Last |
Price Change |
AUMN |
2.31 |
-0.01 (-0.431%) |
QUOTES AS OF 11:22:49 AM ET 06/16/2023 |
07:16 AM EDT, 06/16/2023 (MT Newswires) -- Golden Minerals Co.(AUMN) said Friday that it has appointed Pablo Castanos to the newly-created role of executive vice president, effective July 1.
The company's shares slipped nearly 1% in Canada yesterday.
Since 2017, Castanos has served as managing partner of Integra QRO Hold and Magnolia OneZero Investments LLC, real estate development and construction companies located in Queretaro, Mexico, and Austin, Texas, respectively.