Golden Minerals Company and ECU Silver Mining Inc. Announce Merger of Equals

Golden Minerals Company (AMEX:AUMN,TSX:AUM) and ECU Silver Mining Inc. (TSX:ECU) announced their agreement to merge into a new silver mining company.

The press release is quoted as saying:

The combination of Golden Minerals and ECU, which represents a merger of equals, has been unanimously agreed to by the boards of directors of Golden Minerals and ECU, and both boards of directors will be recommending that their respective shareholders vote in favor of the proposed Transaction.

Click here to read the entire news release.