Day: May 3, 2016

All matters presented for approval at the Meeting by management were duly authorized and approved, as follows:
1) election of all management nominees to the board of directors of the Company;
2) appointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the ensuing year and authorization of the directors to fix their remuneration;
3) to confirm and reauthorize the Corporation’s share incentive plan for the Corporation; and
4) to have a shareholder advisory vote on the Corporation’s Report on Executive Compensation (“Say on Pay”).

Golden Minerals Company today announced that it has entered into a definitive agreement with institutional investors for an offering of shares of common stock with gross proceeds of approximately $4 million. The closing of the offering is expected to take place on or about May 6, 2016, subject to the satisfaction of customary closing conditions.

“The year is off to a good start with a more constructive gold price environment and continued strong operating performance from all of our mines. As a result of the strong operating results, we now expect to meet the top end of our production guidance for 2016,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer. “At current margins, Agnico Eagle is generating sufficient cash flow to support its expanded exploration and development activities and potentially pay down additional debt,” added Mr. Boyd.