Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 27,272,727 units of the Company at a price of $0.55 per Unit for aggregate gross proceeds of up to $15,000,000 . Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.75 for 18 months from the date of issuance. The [...]
Goldgroup Mining Inc. is pleased to announce a second tranche closing of its previously announced non-brokered private placement . For the second tranche, the Company issued an additional 2,583,330 units at CAD $0.30 per Unit for gross proceeds of approximately CAD $774,999. In aggregate, the Company has issued 25,916,664 Units for gross proceeds of approximately CAD $7,774,999 inclusive of the first tranche closing and [...]
Goldgroup Mining Inc. is pleased to announce that a high impact exploration program is underway at the Company's 100% owned and operational Cerro Prieto gold mine in Sonora state, Mexico. The program comprises approximately 6,000 metres of diamond core drilling, an induced polarization geophysical survey and surface trenching. Drilling is concentrated near mine at the Nuevo Esperanza and Reyna mineralized zones adjacent [...]
Goldgroup Mining Inc. is pleased to announce that it has closed the first tranche of the CAD $7.75 million non-brokered private placement previously announced on March 11, 2025 and March 12, 2025. The first tranche comprises a total of 23,333,334 units at CAD $0.30 per Unit for gross proceeds of approximately CAD $7,000,000. Each Unit consists of one common share and one-half common share purchase warrant, with each full [...]
Goldgroup Mining Inc. is pleased to announce an increase in the size of the previously announced non-brokered private placement of units of the Company at a price of $0.30 per Unit. The size of the Private Placement has been increased from 23,333,334 Units to 25,833,334 Units for aggregate gross proceeds of approximately $7,750,000. Each Unit will consist of one common share and one-half common share purchase warrant [...]
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 23,333,334 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of up to $7,000,000 . Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.45 for 24 months from the date of issuance. The [...]
Goldgroup Mining Inc. announces that, further to the news releases disseminated by the Company on August 14, 2024 and January 16, 2025 , the Company has entered into an Agreement to Suspend Enforcement Proceedings dated March 6, 2025 with Candelaria Mining Corp. with respect to the Loan Facility described in the August 14th News Release and January 15th News Release after delivering notice of enforcement of the Company's [...]
Goldgroup Mining Inc. is pleased to announce that all shareholders holding share purchase warrants issued pursuant to financings completed on September 26, 2024 and November 18, 2024 have exercised or, having informed the Company are in the process of exercising, all the outstanding Warrants. A total of 18,681,818 Warrants were exercisable at C$0.10 per common share and upon exercise of the Warrants, the Company will [...]
Goldgroup Mining Inc. is pleased to announce that it has closed the non-brokered private placement previously announced on December 3, 2024. Pursuant to the Private Placement, the Company issued a total of 35,000,000 units at CAD $0.10 per Unit for gross proceeds of CAD $3,500,000. Each Unit consists of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one [...]
Goldgroup Mining announces that, further to the news release disseminated by the Company on August 14, 2024, the Company completed the acquisition of the Loan Facility described in the August 14th News Release on January 15, 2025. The Company now plans to enforce its rights under the Loan Facility, in respect of the outstanding amounts under the Loan Facility, to acquire all shares of Minera Apolo as full or partial [...]
Goldgroup Mining announces that it is electing to accelerate the expiry of outstanding common share purchase warrants of the Company originally issued under financings completed on September 26, 2024 and Nov 18, 2024 exercisable at C$0.10 per common share. Pursuant to the terms of the Warrants, the Company may accelerate the expiry date of the Warrants if the closing price of the Company's common shares on the TSX [...]
Goldgroup Mining is pleased to announce a non-brokered private placement of up to 35,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,500,000. Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.15 for 24 months from the date of issuance. The Company [...]