VANCOUVER, Aug. 28, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has issued 16,500,000 common shares to Oroco Resource Corp. ("Oroco") with respect to the acquisition of the Cerro Prieto project purchased in 2013 (see news release dated September 3, 2013). As part of the purchase agreement, the Company committed to issue 16,500,000 of its common shares or, at its [...]
VANCOUVER, July 24, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual and special meeting of shareholders in Vancouver, B.C. on June 16, 2015. At the meeting, all director nominees listed in the Company's management information circular dated May 20, 2015, were elected as directors of the Company. The results are as follows: Nominee Votes For [...]
VANCOUVER, July 20, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has acquired all of the issued and outstanding shares of 0990718 B.C. Ltd. ("0990718"), a private company which holds the option to acquire an undivided 80% right, title and interest in the El Mozo gold project (the "El Mozo Project") in Ecuador. The 1,776 hectare El [...]
VANCOUVER, July 13, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that on June 29, 2015 a Mazatlán Judge denied DynaResources de México, S.A. de C.V ("DynaMex") the request for an "amparo", which is, by Mexican Law, an appeal to the injunction obtained by Goldgroup against DynaMex regarding the 300 new shares of DynaMex issued in favor of [...]
Goldgroup Mining is pleased to announce two recent developments: (i) the signing of a letter of intent and credit agreement with Monarch Gold and (ii) the appointment of Mr. Javier Montaño to the Company's Board of Directors. LOI and Credit Agreement with Monarch Gold Corp. On June 17, 2015, the Company signed an LOI with Monarch, a privately held mining company with mining concessions in Canada. Pursuant to the [...]
VANCOUVER, June 2, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to amend the payment terms for the US$1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note") issued by the Company to Oroco Resource Corp. ("Oroco") pursuant to terms of the Cerro Prieto property sale (see news release dated [...]
Goldgroup Mining today announces that for personal health reasons, Mr. Gabino Fraga Pena resigned as Director of the Company effective March 19, 2015. Keith Piggott, Chairman and CEO of Goldgroup commented: "The Company would like to thank Gabino for all of his contributions and wish him the very best." About Goldgroup Goldgroup is a Canadian-based gold production, development, and exploration Company with significant [...]
VANCOUVER, Dec. 24, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has completed the sale of the Caballo Blanco project located in Veracruz, Mexico to Timmins Gold Corp. ("Timmins Gold"). Total cash consideration paid at closing by Timmins Gold was US$10 million and 16,065,000 Timmins Gold shares. Additionally, Goldgroup is entitled [...]
VANCOUVER, Dec. 18, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to sell its 100% interest in the Caballo Blanco Project (the "Project") to Timmins Gold Corp. ("Timmins Gold") for approximate cash and share proceeds totaling up to US$30 million. On Closing, Timmins Gold will [...]
VANCOUVER, Nov. 13, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that David Ingram, a co-founder and former director of the Company, has been appointed to the Company's Board of Directors. Additionally, Mike Clark, the Company's Chief Financial Officer has announced his resignation effective December 15, 2014. The Company is in the process [...]
VANCOUVER, Oct. 17, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announced that Donald R Siemens has resigned for personal reasons as a non-executive director of the Company. Goldgroup would like to thank him for his service and wishes him well. About Goldgroup Goldgroup is a Canadian-based gold production, development, and exploration Company with [...]
VANCOUVER, Oct.1, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that the Company has completed the second drawdown of USD$3,993,239 on the previously announced secured medium term loan facility of USD$10 million (the "Facility) provided by RMB Resources Inc. ("RMB") and Credipresto SAPI de CV SOFOM ENR ("Credipresto"). The total amount of [...]