0001011034-16-000159.txt : 20160504
0001011034-16-000159.hdr.sgml : 20160504
20160504123510
ACCESSION NUMBER: 0001011034-16-000159
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160502
FILED AS OF DATE: 20160504
DATE AS OF CHANGE: 20160504
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Golden Minerals Co
CENTRAL INDEX KEY: 0001011509
STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040]
IRS NUMBER: 841363747
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 350 INDIANA STREET, SUITE 800
CITY: GOLDEN
STATE: CO
ZIP: 80401
BUSINESS PHONE: 3038395060
MAIL ADDRESS:
STREET 1: 350 INDIANA STREET, SUITE 800
CITY: GOLDEN
STATE: CO
ZIP: 80401
FORMER COMPANY:
FORMER CONFORMED NAME: APEX SILVER MINES LTD
DATE OF NAME CHANGE: 19970825
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sentient Global Resources Fund IV, L.P.
CENTRAL INDEX KEY: 0001520861
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13627
FILM NUMBER: 161618282
BUSINESS ADDRESS:
STREET 1: LANDMARK SQUARE, 64 EARTH CLOSE
STREET 2: WEST BAY BEACH SOUTH
CITY: GEORGE TOWN, GRAND CAYMAN
STATE: E9
ZIP: KY1-1107
BUSINESS PHONE: 345-946-0933
MAIL ADDRESS:
STREET 1: LANDMARK SQUARE, 64 EARTH CLOSE
STREET 2: WEST BAY BEACH SOUTH
CITY: GEORGE TOWN, GRAND CAYMAN
STATE: E9
ZIP: KY1-1107
4/A
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4/A
2016-05-02
2016-02-16
0
0001011509
Golden Minerals Co
AUMN
0001520861
Sentient Global Resources Fund IV, L.P.
LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE
WEST BAY BEACH SOUTH; PO BOX 10795
GEORGE TOWN, GRAND CAYMAN
E9
KY1-1107
CAYMAN ISLANDS
0
0
1
0
Common Stock
33638944
D
Warrants
5.09
2016-05-02
4
J
0
682897
0
A
2013-03-20
2017-09-19
Common Stock
682897
682897
D
Warrants
5.09
2016-05-02
4
J
0
119352
0
A
2014-09-10
2017-09-19
Common Stock
119352
119352
D
Warrants
0.91
2016-05-02
4
J
0
2900000
0
A
2015-03-11
2019-09-10
Common Stock
2900000
2900000
D
Warrants
5.09
2016-05-02
4
J
0
225441
0
A
2016-01-19
2017-09-19
Common Stock
225441
225441
D
Convertible Note
0.29
2016-05-02
4
J
0
4137931
5000000
A
2016-01-19
2016-10-27
Common Stock
4137931
4137931
D
Warrants
5.09
2016-05-02
4
J
0
102182
0
A
2016-02-11
2017-09-19
Common Stock
102182
102182
D
Pursuant to an Agreement Regarding Warrants Exercise and Note Conversion dated May 2, 2016 between the Company and the Reporting Person (the "Agreement"), Reporting Person has agreed not to exercise any Warrants or Conversion Rights under the Convertible Note dated October 27, 2015 until the earlier of (i) July 19, 2016, or (ii) the date on which the Company shareholders approve an increase of the Company's authorized Common Stock from 100,000,000 to 200,000,000 shares and the amendment to the Company's Amended and Restated Certificate of Incorporation is filed and accepted by the Delaware Secretary of State. If the Company's proposed sale of Common Stock and Warrants (the "Financing") has not closed on or before May 9, 2016, the Agreement shall terminate and the restrictions of Reporting Person's right to exercise Warrants and Conversion Rights under the Note shall also terminate.
Reflects exercise price resulting from anti-dilution adjustments triggered by partial exercise of Convertible Note on February 11, 2016. If consummated, the Financing is expected to trigger further anti-dilution adjustments to the Warrant exercise price.
Assumes the highest conversion price of $0.29, which is 90% of the 15 day VWAP as of the date of issuance. Effective February 11, 2016, the Reporting Person converted $3,874,416 in principal and $132,772 in accrued and unpaid interest under the Convertible Note into an aggregate of 23,355,000 shares of Common Stock. As a result, the remaining outstanding principal balance and accrued unpaid interest due under the Convertible Note as of the date of this Report is approximately $1.2 million.
Reflects additional shares issuable upon exercise of Warrants originally issued in 2012 to give effect to anti-dilution adjustments triggered by partial exercise of Convertible Note on February 11, 2016. If consummated, the Financing is expected to trigger further anti-dilution adjustments to the Warrant exercise price.
/s/ Andrew Pullar
2016-05-04