GlobeNewswire Inc | Jan 15, 2021 06:50AM EST

January 15, 2021

GOLDEN, Colo., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE American and TSX: AUMN) (Golden Minerals, Golden or the Company) announced today that it has received written notice from the NYSE American LLC (the NYSE American) that the Company has regained full compliance with the continued listing standards outlined in Part 10 of the NYSE American Company Guide (the "Company Guide").

As previously disclosed, the Company received notice from the NYSE American on August 19, 2019 that it was not in compliance with Section 1003(a)(iii) of the Company Guide when it reported stockholders equity of less than $6.0 million as of June 30, 2019.

The Company has regained compliance by meeting the requirements of the $50 million market capitalization exemption in Section 1003(a) of the Company Guide from the stockholders equity requirement. As of January 15, 2021 the below compliance (.BC) indicator was no longer disseminated and the Company was removed from the list of NYSE American noncompliant issuers on the NYSE Americans website.

About Golden Minerals Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its Rodeo and Velardea properties in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Argentina, and Nevada.

For additional information please visit http://www.goldenminerals.com/ or contact:Golden Minerals CompanyKaren Winkler, Director of Investor Relations(303) 839-5060SOURCE: Golden Minerals Company