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Last $0.0015 USD
Change Today -0.0003 / -16.67%
Volume 375.0K
GPXM On Other Exchanges
Symbol
Exchange
OTC US
As of 2:32 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

golden phoenix minerals inc (GPXM) Snapshot

Open
$0.0018
Previous Close
$0.0018
Day High
$0.0018
Day Low
$0.0015
52 Week High
01/21/15 - $0.0061
52 Week Low
02/20/15 - $0.0010
Market Cap
685.2K
Average Volume 10 Days
281.9K
EPS TTM
$0.01
Shares Outstanding
456.8M
EX-Date
--
P/E TM
0.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for GOLDEN PHOENIX MINERALS INC (GPXM)

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golden phoenix minerals inc (GPXM) Details

Golden Phoenix Minerals, Inc. primarily focuses on the exploration and development of gold and silver mineral properties in Nevada. The company holds an option to acquire an 80% interest in the Mhakari properties, which include the Vanderbilt silver and gold project, Coyote Fault gold and silver project, and Galena Flat gold project, and claims that are an extension to the Coyote Fault property, located near Silver Peak, Nevada; and option to acquire an interest in the North Springs properties consisting of 16 unpatented lode mining claims in 3 claim blocks on BLM lands in Esmeralda County, Nevada. Golden Phoenix Minerals, Inc. was founded in 1997 and is based in American Fork, Utah.

golden phoenix minerals inc (GPXM) Top Compensated Officers

Chairman, President and Chair of Interim Gove...
Total Annual Compensation: --
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

golden phoenix minerals inc (GPXM) Key Developments

Golden Phoenix Announces Favorable Ruling and Award of Damages in Pinnacle Arbitration Hearing

Golden Phoenix Minerals Inc. announced that arbitration proceedings involving the company and Pinnacle Minerals Corporation have been completed, and on June 4, 2015, the arbitrator ruled in favor of the company and denied the claims of Pinnacle. The arbitrator found that Pinnacle committed fraud in the sale to the company of Pinnacle's membership interest relating to a Peruvian mining venture. The arbitrator awarded damages to the company totaling $573,469, comprised of the return of cash payments previously paid by the company to Pinnacle, certain expenses paid by the company towards mineral production in Peru, and attorneys' fees. In addition, notes payable to Pinnacle totaling $440,000 previously recorded by the company were extinguished pursuant to the arbitration ruling. On May 22, 2013, Pinnacle sued the company, seeking payments allegedly due on two promissory notes issued in connection with a membership interest purchase agreement entered into as of March 7, 2011 relating to a Peruvian mining venture. The case was filed in the United States District Court for the District of Nevada, and the company filed a motion to stay the litigation and compel arbitration pursuant to a provision of the subject purchase agreement. Based on negotiations, and agreement and stipulation between the parties, this case was dismissed on July 22, 2013.

Jeffrey Dahl Resigns from the Board of Golden Phoenix Minerals

Effective May 16, 2015, Jeffrey Dahl resigned as a member of the Board of Directors of Golden Phoenix Minerals Inc.

John Di Girolamo Resigns as Member of the Board of Directors of Golden Phoenix Minerals Inc

Effective May 13, 2015, John Di Girolamo resigned as a member of the board of directors of Golden Phoenix Minerals Inc. Mr. Di Girolamo was currently serving as chairman of the board’s audit committee.

 

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