GOLDEN, Colo., July 31, 2015 /CNW/ -- Golden Minerals Company
(NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company")
announced that Jeffrey G. Clevenger,
the Company's Chief Executive Officer, will retire effective
September 1, 2015. Mr.
Clevenger, who has served as Chairman and Chief Executive Officer
since the Company's inception in 2009, will continue to serve as
Chairman of the Board of Directors.
The Company also announced that Warren
M. Rehn will succeed Mr. Clevenger as Chief Executive
Officer. Mr. Rehn joined the Company in 2012 and served as
Senior Vice President, Exploration and Chief Geologist until he was
promoted to President in May 2015. Mr. Rehn is an experienced
mining and exploration executive and geologist who has previously
worked for Barrick Gold Exploration, Placer Dome Exploration and
Noranda Exploration.
Andrew Pullar, the Chief
Executive Officer of The Sentient Group, the Company's largest
stockholder, commented "Warren is a great choice for CEO and we
believe his exceptional talents should facilitate meaningful value
creation over the short to medium term. With Jeffrey retaining the
Chairman role this will be a smooth transition."
About Golden Minerals
Golden Minerals is a Delaware
corporation based in Golden,
Colorado. The Company is primarily focused on mining its
Velardena Properties and the exploration of properties in
Argentina and Mexico.
For additional information please visit
http://www.goldenminerals.com/ or contact:
Golden Minerals Company
Karen Winkler
Director of Investor Relations
(303) 839-5060
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SOURCE Golden Minerals Company