0001104659-16-162906 Sample Contracts

AT THE MARKET OFFERING AGREEMENT December 20, 2016
At the Market Offering Agreement • December 20th, 2016 • Golden Minerals Co • Gold and silver ores • New York

Golden Minerals Company, a corporation organized under the laws of Delaware (the “Company”), confirms its agreement (this “Agreement”) with H. C. Wainwright & Co., LLC (the “Manager”) as follows: