Golden Minerals Company: No Undisclosed Material Related to Stock Movement

Golden Minerals Company (NYSE MKT: AUMN; TSX: AUMN) ("Golden Minerals" or "the Company"), wishes to issue a statement that the Company is not aware of any undisclosed material facts that would cause yesterday's abrupt downward movement in the Company's share price in the closing seconds of US trading.  Golden’s net earnings, released yesterday, improved quarter over quarter and year over year and the Company is confident in its pipeline of assets and its ability to generate value for Golden Minerals shareholders.  The Company has asked the New York Stock Exchange to urgently investigate this event.

About Golden Minerals

Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its El Quevar silver property in Argentina and on acquiring and advancing mining properties in Mexico with emphasis on areas near its Velardeña processing plants.

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

Golden Minerals CompanyKaren Winkler, Director of Investor Relations(303) 839-5060 or [e-mail]: Golden Minerals Company