Golden Minerals Announces CEO Retirement and Replacement and Board Changes

Golden Minerals Announces CEO Retirement and Replacement and Board

Changes

GOLDEN, Colo.--(BUSINESS WIRE)--June 18, 2024--Golden Minerals Company (“Golden

Minerals”, “Golden” or the “Company”) (NYSE American and TSX: AUMN) today announced

the retirement of the Company’s Chief Executive Officer and President, Warren Rehn, effective

immediately. Mr. Rehn joined the Company in 2012 as Vice President Exploration and was

promoted to President in spring of 2015 and to CEO in September 2015. Mr. Rehn, age 69, has

been contemplating retirement for some time. Mr. Rehn has also resigned his position as a

Director of the Company. Mr. Rehn will continue to support the Company, advising on

exploration and technical activities as a consultant.

Pablo Castaños, currently Executive Vice President, has been elected Chief Executive Officer

and President of the Company and appointed to serve as a Director. Mr. Castaños joined the

Company in July of 2023 and has been preparing for the role of President and CEO pending Mr.

Rehn’s retirement. Mr. Castaños, a successful businessman, previously worked for Golden

Minerals as vice president and director of corporate affairs from 2009 to 2013 before leaving to

work for Goldcorp, Inc as director of environmental compliance and as vice president corporate

social responsibility. Between 2016 and 2023, Mr. Castaños acted as a private investor in real

estate development and construction.

Jeffrey Clevenger, Chairman of the Board, commented: “We wish to thank Warren for

positioning the Company to move forward with a robust portfolio of exploration projects in

Argentina, Mexico and Nevada. We are equally thankful that Warren has agreed to shepherd

these projects on a consulting basis going forward. Pablo agreed to re-join the team last year with

this appointment in mind. We welcome him back and will be supporting his work towards

overhead cost reduction and value generation from our projects.”

About Golden Minerals

The Company is primarily focused on advancing its El Quevar silver property in Argentina, its

Yoquivo gold-silver property in Mexico as well as acquiring and advancing selected mining

properties in Mexico, Nevada and Argentina.

For additional information please visit http://www.goldenminerals.com/ or contact:

Contacts

Golden Minerals Company

Karen Winkler, Director of Investor Relations

(303) 839-5060