Mr. Jeffrey Clevenger reports

WARREN REHN NAMED PRESIDENT OF GOLDEN MINERALS COMPANY

Golden Minerals Company has promoted Warren Rehn to president of the company. Jeffrey G. Clevenger continues to serve as chairman and chief executive officer of Golden Minerals. In his new role, Mr. Rehn will focus on developing new producing assets and continue to lead Golden Minerals' exploration efforts. Andrew Sharp, general manager of Velardena, will continue to report to Mr. Clevenger.

Mr. Clevenger commented: "Warren's promotion and election by Golden's board of directors is acknowledgement of his work toward the restart of Velardena and his contributions toward establishing a second set of producing assets. As president of the company, Warren will be well positioned to accelerate the advancement of additional opportunities."

Mr. Rehn has been with Golden Minerals since February, 2012, most recently serving as senior vice-president of exploration and chief geologist. He has more than 30 years of mineral exploration experience and has worked as an exploration geologist or in related roles for companies including Barrick Gold, Placer Dome, Bear Creek Mining, Cyprus Amax, Noranda and Gold Fields Mining.

Mr. Rehn holds a bachelor of science degree in geological engineering from the University of Idaho and a master of science in geology from the Colorado School of Mines.