Gold Resource Corporation Declares December Monthly Dividend
Colorado Springs, CO - (NewMediaWire) - December 28, 2020 - Gold
Resource Corporation (NYSE American: GORO) (the “Company”) declares its monthly
instituted dividend of one-third of a cent per common share for December 2020
payable on January 25, 2021 to shareholders of record as of January 11,
2021. Gold Resource Corporation is a gold and silver producer, developer
and explorer with operations in Oaxaca, Mexico and Nevada, USA.
The Company has returned $115
million to its shareholders in consecutive monthly dividends since July 2010
and offers its shareholders the option to convert their cash dividends into
physical gold and silver and take delivery. For more information on Gold
Resource Corporation’s physical dividend program, visit the Company website at http://www.goldresourcecorp.com/gold-silver-dividends.php.
Dividends may vary in amount
and consistency or be discontinued at the Board of Directors’ discretion
depending on variables including but not limited to operational cash flows,
Company development requirements and strategies, construction, spot gold and
silver prices, taxation, general market conditions and other factors described
in the Cautionary Statements below and the Company's public filings with the
U.S. Securities and Exchange Commission.
About GRC:
Gold Resource Corporation is a
gold and silver producer, developer and explorer with operations in Oaxaca,
Mexico and Nevada, USA. The Company targets low capital expenditure projects
with potential for generating high returns on capital. The Company has reached
milestones including a decade of production, generated over $1 billion in
revenue and has returned $115 million to its shareholders in consecutive
monthly dividends since July 2010. In addition, the Company also offers its
shareholders the option to convert their cash dividends into physical gold and
silver and take delivery. For more information, please visit GRC’s website,
located at www.goldresourcecorp.com and
read the Company’s 10-K for an understanding of the risk factors
involved.
Cautionary Statements:
This press release contains
forward-looking statements that involve risks and uncertainties. The statements
contained in this press release that are not purely historical are
forward-looking statements within the meaning of Section 27A of the Securities
Act and Section 21E of the Exchange Act. When used in this press release, the
words “plan”, “target”, "anticipate," "believe," "estimate,"
"intend" and "expect" and similar expressions are intended
to identify such forward-looking statements. Such forward-looking statements
include, without limitation, the statements regarding Gold Resource
Corporation’s strategy, future plans for production, future expenses and costs,
future liquidity and capital resources, and estimates of mineralized material.
All forward-looking statements in this press release are based upon information
available to Gold Resource Corporation on the date of this press release, and
the Company assumes no obligation to update any such forward-looking
statements. Forward looking statements involve a number of risks and
uncertainties, and there can be no assurance that such statements will prove to
be accurate. The Company's actual results could differ materially from those
discussed in this press release. In particular, the scope, duration, and impact
of the COVID-19 pandemic on mining operations, Company employees, and supply
chains as well as the scope, duration and impact of government action aimed at
mitigating the pandemic may cause the actual results and future events to
differ materially from those expressed or implied by such forward-looking
information. Also, there can be no assurance that production will continue at
any specific rate. Factors that could cause or contribute to such differences
include, but are not limited to, those discussed in the Company’s 10-K filed
with the SEC.
Contacts:
Corporate Development
Greg Patterson
303-320-7708