Goldgroup Mining is pleased to announce that it has closed USD$100,000 of the previously announced convertible debt financing. The Convertible Debt is unsecured, bears interest at 12% per annum, will be repayable on June 15, 2025 and is convertible into units of the Company at CAD $0.10 per unit at a fixed FX rate of 0.76 USD to CAD at the election [...]
Goldgroup Mining announces that Javier Reyes has resigned from the board of directors of the Company for personal reasons effective January 26, 2024. Mr. Reyes was appointed to the Board in May, 2013. The Company thanks Mr. Reyes for his valuable contributions during his Board tenure and wishes him every success in his future endeavors. Mr. Ralph [...]
Goldgroup Mining has received a letter from the Continued Listing Committee of the Toronto Stock Exchange stating that the Committee has determined to delist the Company's common shares effective at the close of market on Feb 16, 2024 for failing to meet the continued listing requirements of the TSX. The Company has been making arrangements to [...]
Goldgroup Mining is pleased to announce it is in the process of arranging convertible debt financing of up to USD $400,000 of which USD $100,000 has already been received. The Convertible Debts will be unsecured, bear interest at 12% per annum, will be repayable 18 months post closing and will be convertible into common shares of the Company at CAD [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
[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 [...]
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 [...]
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 [...]
