Gold Resource SEC Filings

Gold Resource Corporation reported Q3 2025 results highlighted by operational challenges at the Don David Gold Mine that reduced tonnes and grades and caused mill downtime. The company brought in a third‑party contract miner and began upgrading its fleet, which helped increase production from several headings by quarter end. Q3 sales were $24.9 million (vs. $13.3 million a year ago) with mine gross profit of $6.2 million, but the quarter still posted a net loss of $4.7 million.

Liquidity actions were significant in 2025: a January registered direct raised $2.5 million, a September registered direct raised $11.4 million for 25,315,954 shares at $0.45, and the company issued 14,204,846 shares to extinguish a June term loan, recognizing a $0.5 million loss on extinguishment. The ATM program added roughly $8.6 million year‑to‑date, alongside a $0.9 million asset sale and a 79.6 million pesos (~$4.0 million) tax refund. Cash ended the quarter at $9.8 million. Despite these steps, year‑to‑date net losses of $24.5 million and $2.5 million operating cash use led management to state substantial doubt about continuing as a going concern.

Gold Resource Corp (GORO) director Ronald Little received 16,051 deferred stock units (DSUs) on 09/30/2025. Each DSU represents the right to one share of common stock or cash equal to one share's value at redemption and was granted at a per‑unit valuation of $0.7593. The DSUs vest immediately (become non‑forfeitable) and are redeemable at the earlier of the reporting person's termination of service or ten years from the grant date. The Form 4 was filed individually and signed by an attorney‑in‑fact on behalf of the reporting person.

Lila A. Murphy, a director of Gold Resource Corp (GORO), received 9,672 deferred stock units (DSUs) on 09/30/2025. Each DSU represents the right to one share of common stock or cash equal to a share's value at redemption. The DSUs vest immediately but are redeemable at the earlier of the reporting person's termination of service or ten years after grant. The disclosed per-share value for the award is $0.7593, and the reporter holds 9,672 DSUs directly after the grant.

This transaction is compensation-focused rather than a market sale or purchase and increases the reporting person's deferred equity stake while postponing actual share issuance or cash settlement until redemption.

Alexandri Armando filed an Initial Statement of Beneficial Ownership (Form 3) related to Gold Resource Corp (GORO). The filing lists Armando's relationship to the issuer as Director and Chief Operating Officer. The event date triggering the filing is 04/22/2025. The filing states explicitly that no securities are beneficially owned by the reporting person as of the date of the statement. The document includes an Exhibit 24.1 Power of Attorney and is signed on behalf of the reporting person by Chet Holyoak, Attorney-in-fact with a signature date of 09/24/2025.

Gold Resource Corporation is offering up to 25,315,960 shares of common stock at $0.45 per share under a Form S-3 shelf prospectus supplement. If the maximum is sold, 161,673,067 shares would be outstanding and net proceeds are estimated at approximately $11.4 million. The company intends to use about $6.4 million to prepay in full a loan that matures December 26, 2026, with the balance for working capital, further development of the Three Sisters vein at Don David Gold Mine (DDGM) and progress on the Back Forty Project prefeasibility and permitting. As of June 30, 2025, cash and equivalents were approximately $12.7 million, and the filing discloses substantial doubt about going concern due to operational challenges at DDGM and lack of positive operating cash flow. The company suspended its quarterly dividend on February 13, 2023. The prospectus highlights risks including commodity price volatility, the potential for further equity dilution, and operational, permitting and financing uncertainties.