Goldgroup Mining Inc.

Goldgroup Mining Inc. hereby announces that, further to the Mining Exploitation and Option to Purchase Agreement described in Company's news release dated July 7, 2023 and related filings on Sedar+, the Company has exercised its option to purchase all of the issued and outstanding common shares of Minera Cerro Esperanza S.A de C.V. which owns the Company's previously held Cerro Prieto mining concessions. The Company has [...]

Goldgroup Mining announces the appointment of Mr. Ralph Shearing as the Company's Chief Executive Officer effective October 1, 2023. Anthony Balic, the previous Interim CEO, will continue as the Company's Chief Financial Officer. Mr. Shearing is an experienced and accomplished exploration and mining executive holding a designation of Professional Geologist registered in Alberta . Since 1987 he has held senior executive [...]

Goldgroup Mining announces that the Company has issued 29,052,000 common shares upon conversion of the Company's outstanding convertible loan which had a face value of USD $2,160,000 and was converted into common shares of the Company at CAD $0.10 per share at a fixed FX rate of 1.345 USD to CAD. The loan was originally announced in a news release issued on December 12, 2023 and the conversion of the loan to common shares [...]

Goldgroup Mining hereby announces that, further the Company's news release dated June 15, 2023, the Company has received minority shareholder approval at the Company's Annual General and Special Meeting held on June 28, 2023 in connection with the settlement of a loan obtained from Accendo Banco S.A., Multiple Banking Institution in 2020 and subsequently acquired by Minera Cerro Esperanza S.A de C.V. . Further to the [...]

Goldgroup Mining held its annual general meeting of shareholders in Vancouver, on June 28, 2023. Common Shares represented at the Meeting: 10,799,185 Total issued and outstanding Common Shares as at Record Date: 28,624,656 Percentage of issued and outstanding Common Shares represented: 37.73% 1. Number of Directors Votes in Favour Votes Against The fixation of the number of directors at five. 10,444,469 49,458 The number [...]

[wp=1623]Goldgroup Mining announces that as a result of a review by the British Columbia Securities Commission of the Company's Annual Information Form for the year end Dec 31, 2022, the Company is issuing the following news release to clarify and retract certain disclosures with respect to the Company's Cerro Prieto project and San Jose de Gracia project. The Company would like to clarify that the mining key performance [...]

Goldgroup Mining hereby announces that the Company will be seeking minority shareholder approval at the Company's Annual General and Special Meeting to be held on June 28, 2023 in connection with the settlement of a loan obtained from Accendo Banco S.A., Multiple Banking Institution in 2020. Background to the Settlement On June 29, 2020, the Company's subsidiary, Minas de Oroco Resources, S.A. de C.V. , completed a [...]

Goldgroup Mining Inc. hereby announces that, through its wholly owned subsidiary Goldgroup Resources, Inc., it has filed a Request for Arbitration with the International Centre for Settlement of Investment Disputes against the United Mexican States. The Company has been engaged in a legal dispute with DynaResource Inc. in the Mexican courts regarding its subsidiary's investment in DynaResource de Mexico, S.A. de C.V. The [...]

Goldgroup Mining is pleased to announce that the non-brokered private placement announced on December 19, 2022 has been closed on a fully subscribed basis. Pursuant to the Private Placement, the Company issued 5,700,000 common shares at a price ‎of $0.10 per share, for aggregate gross proceeds of $570,000, which are being allocated to existing working capital and capex needs of the Company. All securities issued in [...]

Goldgroup Mining is pleased to announce a non-brokered private placement of up to 5,700,000 common shares of the Company at a price of $0.10 per common share for aggregate gross proceeds of up to $570,000. No commissions or fees are payable in connection with the Private Placement. The proceeds from the Private Placement will be used to maintain the Company's existing operations and general working capital requirements [...]