Goldgroup Mining Inc.

Goldgroup Mining held its annual general meeting of shareholders in Vancouver on June 28, 2022. Common Shares represented at the Meeting: 48,444,736 Total issued and outstanding Common Shares as at Record Date: 211,803,356 Percentage of issued and outstanding Common Shares represented: 22.87% 1. Election of Directors Votes in Favour Votes Withheld The election of the following nominees as directors of the Company for the [...]

Goldgroup Mining is pleased to announce that a first tranche of the upsized non-brokered private placement of units announced on April 19, 2022 and June 3, 2022 has been completed. Pursuant to the first tranche of the Private Placement, the Company issued 17,442,857 Units at a price of $0.035 per Unit, for aggregate gross proceeds of approximately $610,500. Each Unit consists of one common share of the Company and one [...]

Goldgroup Mining is pleased to announce that the Company has increased its previously announced private placement financing from 18,000,000 units of the Company to 19,542,857 Units at a price of $0.035 per Unit for aggregate gross proceeds of up to approximately $684,000. Each Unit will consist of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common Share at a [...]

Goldgroup Mining announces the appointment of Mr. John McClintock as the Company's Chief Executive Officer effectively immediately. Anthony Balic, the previous Interim CEO, will continue as the Company's Chief Financial Officer. Mr. McClintock has over 14 years of international and domestic experience in capital markets within the mining and metals industry. Mr. McClintock began his career in investment banking and equity [...]

Goldgroup Mining Inc. announces that on April 16, 2021, the Tenth Circuit Court of Appeals affirmed the May 9, 2019 order and judgment from United States District Court for the District of Colorado, which confirmed the arbitration award the Company received on August 14, 2016 pursuant to an arbitration held in Denver, Colorado, commencing in March 2014. The Circuit Court rejected the appeal lodged by Texas-based [...]

Goldgroup Mining Inc. held its annual general meeting of shareholders in Vancouver, B.C. on December 22, 2020. Common Shares represented at the Meeting: 63,454,331 Total issued and outstanding Common Shares as at Record Date: 211,803,356 Percentage of issued and outstanding Common Shares represented: 29.96% 1. Number of Directors Votes in Favour Votes Against The fixation of the number of directors at five. 42,879,995 [...]

Goldgroup Mining Inc. is pleased to announce that it has closed a definitive agreement in respect of the previously announced secured loan facility in the amount of USD$3,000,000 among the Company as guarantor, the Company's subsidiary, Minas de Oroco Resources, S.A. de C.V. , as borrower, and Accendo Banco S.A., Multiple Banking Institution, as lender . Facility Terms The Facility will be available for drawing for 12 [...]

Goldgroup Mining Inc. is pleased to announce that it has signed an indicative term sheet in respect of a secured loan facility with Accendo Banco S.A., Multiple Banking Institution , in the amount of USD$3,000,000 . Facility Terms As set out in the Term Sheet, the Facility will be available for drawing for 12 months following the date on which certain conditions precedent to the Facility have been satisfied , with a [...]

Goldgroup Mining Inc. announces that the Mexican federal government has mandated that all non-essential businesses, temporarily suspend operations until April 30 due to the COVID-19 virus. The Company will work towards an orderly reduction of mining, crushing and stacking activities. Given that the Company operates a heap leach mine, the Company expects metal production and metal sales will continue during this time [...]

Goldgroup Mining Inc. provides a response to DynaResource Inc.’s news release from December 20, 2019. The Company is currently awaiting the written judgment of the 11th Federal Circuit Collegiate Court in México to be published to assess its contents and reasons for judgment. The Company will continue to pursue all legal avenues in Mexico to achieve a favorable resolution to the DynaUSA dispute. In addition [...]