VANCOUVER, June 21, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the declaration of commercial production as of June 1, 2016 at its Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico. Now that the mine is in sustainable operation, additional resources within the same mineralized zone are being investigated to extend [...]
VANCOUVER, June 9, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual meeting of shareholders in Vancouver, B.C. on June 7, 2016. At the meeting, all director nominees listed in the Company's management information circular dated April 25, 2016, were elected as directors of the Company. The results are as follows: Common Shares represented at the [...]
VANCOUVER, May 13, 2016 Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has consented to the restructuring and sale by Monarch Gold Corp. ("Monarch") of substantially all of its assets and operations to Cascadia Goldfields Company Ltd. ("Cascadia"). Pursuant to the restructuring and sale, Cascadia assumed the obligations of Monarch in respect of a CAD $2,500,000 [...]
VANCOUVER, March 2, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) would like to provide a corporate update to three recent developments: (i) Credipresto SAPI de CV SOFOM ENR ("Credipresto") Facility Amendment, (ii) Letter of Intent ("LOI") with Aptus Resources LLC ("Aptus"), and (iii) Cerro Prieto Project Update. i) Credipresto Facility Amendment (see press [...]
VANCOUVER, Feb. 12, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has issued 4,691,000 common shares (the "Shares") at a deemed price of $0.06 per Share to satisfy debt owing to Oroco Resource Corp. ("Oroco") in the amount of US$200,000 (being the equivalent of Cdn$281,460 calculated using the Bank of Canada Noon Exchange Rate on January 28, 2016 of [...]
VANCOUVER, Jan. 26, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has entered into a binding letter of intent ("LOI") with Aptus Resources LLC ("Aptus"), where Aptus will acquire Goldgroup's rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014. The purchase price for the [...]
VANCOUVER, Dec. 23, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has entered into an agreement to amend the terms of the outstanding loan facility (the "Facility") to Credipresto SAPI de CV SOFOM ENR ("Credipresto"), subject to TSX approval. Javier Reyes, a director of Goldgroup, is a principal of Credipresto. Facility amended terms The Facility [...]
VANCOUVER, Dec. 2, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that on November 30, 2015, RMB Australia Holdings Limited ("RMB") has assigned their 80% portion of the Company's outstanding $10,000,000 secured medium term loan facility (the "Facility") to Credipresto SAPI de CV SOFOM ENR ("Credipresto"), giving Credipresto 100% ownership of the [...]
VANCOUVER, Nov. 19, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that, further to its news release of September 29, 2015, it has agreed with Oroco Resource Corp. ("Oroco") to extend until January 16, 2016 the deadline for the Company to enter into a formal debt repayment agreement with Oroco. The Company will pay Oroco US$25,000 in consideration for the [...]
VANCOUVER, Oct. 14, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has read a news release disseminated by DynaResource de Mexico SA de C.V. ("Dyna") on October 13, 2015 (the "Release"). Goldgroup was never notified of the purported court case discussed in the Release, does not recognize any of the claims mentioned therein and is of the belief that such claims are [...]
VANCOUVER, Oct. 6, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announced production and sales results for January to September 2015 for the Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico, which is comprised of the San Felix (205 ha), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro [...]
VANCOUVER, Sept. 29, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) today announces that it has agreed to further amend the payment terms for the US$950,000 outstanding from the two promissory notes issued by the Company to Oroco Resource Corp. ("Oroco") pursuant to terms of the Cerro Prieto property sale (see news release dated September 3, 2013 and August 28 [...]
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