Golden Minerals Company Substantially Reduces Liabilities in Mexico | AUMN Stock News
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Golden Minerals Company has completed the sale of its Mexican subsidiaries for approximately US$65,000, significantly reducing its liabilities in Mexico. The subsidiaries held net operating losses and various liabilities, including US$60,000 in past-due accounts payable and a labor claim of US$56,000. This transaction allows Golden Minerals to minimize ongoing costs and focus on other regions, marking a strategic exit from Mexico.
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