13D Filing: Sentient Global Resources Fund IV Files Update on Golden Minerals Co (AUMN)

CUSIP No. 381119106

Page 12 of 15

None.

(d) Any change in the present board or directors or management of the Issuer, including plans or proposals to change the number of term of directors or to fill any existing vacancies on the board.

None.

(e) Any material change in the present capitalization or dividend policy of the Issuer.  

None.

(f) Any other material change in the Issuers business or corporate structure. None, except as set forth herein.

None.

(g) Changes to the Issuers charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person.

None.

(h) Causing a class of securities of the Issuer to be delisted form a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association.

None.

(i) Causing a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Act.

None.

(j) Any action similar to any of those enumerated above.

None.

Item 5.

Interest in Securities of the Issuer is amended to read as follows:

Fund III owns 3,582,746 shares of the Issuers Common Stock.

Parallel I owns 357,044 shares of the Issuers Common Stock.

Fund IV owns (i) 33,638,944 shares of the Issuers Common Stock, (ii) warrants exercisable to purchase an additional 4,029,872 shares of the Issuers Common Stock at prices ranging from $0.91 to $5.09 per share, and (iii) 3,881,324 shares of Common Stock issuable upon conversion of the remaining principal amount of the Note, based upon an assumed conversion price of $0.29 per share.  The number of shares issuable upon conversion of the remaining principal balance of the Note is subject to adjustment to include accrued and unpaid interest up to the date of conversion.  In addition, the conversion price of the Note is subject to further downward adjustment to the lower of (i) 90% of the 15 day VWAP on the date of conversion or (ii) an anti-dilution adjusted price based on the lowest price for which the Issuer has sold its stock following the borrowing date, in the event the price determined under subparagraphs (i) or (ii) is less than $0.29 per share.

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

None, except as previously reported.