Core Viewpoint - Golden Minerals Company has completed the sale of its wholly owned Mexican subsidiaries for approximately US$65,000, marking a significant step in its exit strategy from Mexico [1][3]. Group 1: Transaction Details - The sale involved Servicios Velardeña S.A. de C.V. and GMC Equipos S.A. de C.V., which held net operating losses and various liabilities, including about US$60,000 in past-due accounts payable and a labor claim of approximately US$56,000 [2]. - The subsidiaries also included the Rodeo mining concession, which is a mined-out project with an associated asset retirement obligation valued at approximately US$450,000 [2]. Group 2: Strategic Implications - This transaction allows Golden Minerals to significantly reduce its liabilities in Mexico, thereby minimizing ongoing overhead and administrative costs [3]. - The company can now focus its resources and efforts on other regions, enhancing its operational efficiency [3].