Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Sentient Global Resources Fund IV, L.P.
  2. Issuer Name and Ticker or Trading Symbol
Golden Minerals Co [AUMN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE, WEST BAY, BEACH SOUTH, PO BOX 10795
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2016
(Street)

GEORGE TOWN, GRAND CAYMAN, E9 KY1-1107
4. If Amendment, Date Original Filed(Month/Day/Year)
02/16/2016
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               33,638,944 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (1) $ 4.73 (2) 05/06/2016(1)   J   682,897   03/20/2013(1) 09/19/2017 Common Stock 682,897 $ 0 682,897 (1) D  
Warrants (1) $ 4.73 (2) 05/06/2016(1)   J   119,352   09/10/2014(1) 09/19/2017 Common Stock 119,352 $ 0 119,352 (1) D  
Warrants (1) $ 0.87 (2) 05/06/2016(1)   J   2,900,000   03/11/2015(1) 09/10/2019 Common Stock 2,900,000 $ 0 2,900,000 (1) D  
Warrants (1) $ 4.73 (2) 05/06/2016(1)   J   225,441   01/19/2016(1) 09/19/2017 Common Stock 225,441 $ 0 225,441 (1) D  
Convertible Note (1) $ 0.29 05/06/2016(1)   J   4,137,931 (1) (3)   01/19/2016(1) 10/27/2016 Common Stock 4,137,931 (1) (3) $ 5,000,000 4,137,931 (1) (3) D  
Warrants (1) $ 4.73 (2) 05/06/2016(1)   J   102,182 (4)   02/11/2016(1) 09/19/2017 Common Stock 102,182 (4) $ 0 102,182 (1) D  
Warrants (1) $ 4.73 05/06/2016(1)   J   86,531 (1) (5)   05/06/2016(1)(5) 09/19/2017 Common Stock 86,531 (1) (5) $ 0 86,531 (1) (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Sentient Global Resources Fund IV, L.P.
LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE
WEST BAY, BEACH SOUTH, PO BOX 10795
GEORGE TOWN, GRAND CAYMAN, E9 KY1-1107
    X    

Signatures

 /s/ Andrew Pullar   05/09/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Pursuant to an Agreement Regarding Warrants Exercise and Note Conversion dated May 2, 2016 between the Company and the Reporting Person, (the "Agreement"), Reporting Person has agreed not to exercise any Warrants or Conversion Rights under the Convertible Note dated October 27, 2015 until the earlier of (i) July 19, 2016, or (ii) the date on which the Company shareholders approve an increase of the Company's authorized Common Stock from 100,000,000 to 200,000,000 shares and the amendment to the Company's Amended and Restated Certificate of Incorporation is filed and accepted by the Delaware Secretary of State. Number of shares issuable upon exercise of Warrants and conversion of the Convertible Note have not been modified to give effect to the temporary provisions of this Agreement.
(2) Reflects revised Warrant exercise price resulting from anti-dilution adjustments triggered by Financing described in Footnote 5 of this Report.
(3) Assumes the highest conversion price of $0.29, which is 90% of the 15 day VWAP as of the date of issuance. Effective February 11, 2016, the Reporting Person converted $3,874,416 in principal and $132,772 in accrued and unpaid interest under the Convertible Note into an aggregate of 23,355,000 shares of Common Stock. As a result, the remaining outstanding principal balance and accrued and unpaid interest due under the Convertible Note as of the date of this Report is approximately $1.2 million.
(4) Reflects additional shares issuable upon conversion of Warrants originally issued in 2012 to give effect to anti-dilution adjustments triggered by partial exercise of Convertible Note on February 11, 2016.
(5) Reflects additional shares issuable upon exercise of Warrants originally issued in 2012 to give effect to anti-dilution adjustments triggered by May 6, 2016 closing of a registered direct offering of 8,000,000 shares of Common Stock of the Company, par value $0.01 per share ("Common Stock") at a price of $0.50 per share (the "Offering"), and in a concurrent private placement transaction of common stock purchase warrants to purchase up to 6,000,000 shares of Common Stock at an exercise price of $0.75 per share (the "Private Placement"), and together with the Offering, (the "Financing"), for aggregate gross proceeds of $4,000,000.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.