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 [...]
VANCOUVER, Sept. 22, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that the Company closed an agreement with two lenders (the "Lenders"), RMB Resources Inc. ("RMB") and Credipresto SAPI de CV SOFOM ENR ("Credipresto"), for a USD $10 million secured medium term loan facility (the "Facility"). The Facility is being funded 80% by RMB and 20% by [...]
VANCOUVER, Aug. 22, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement financing. Pursuant to the second tranche, Goldgroup issued 1,922,112 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$384,422. Each unit [...]
VANCOUVER, Aug. 12, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the closing of the first of two tranches of its previously announced non-brokered private placement financing. Pursuant to the first tranche, Goldgroup issued 5,535,909 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$1,107,182. Each unit [...]
VANCOUVER, July 29, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce a non-brokered private placement financing and provides a corporate update with regards to the assets of the Company. Financing: Goldgroup intends to complete a non-brokered private placement financing to raise at least CAD$1 million at a price of CAD$0.20 per unit. Each unit [...]
VANCOUVER, June 12, 2014 /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 11, 2014. At the meeting, all director nominees listed in the Company's management information circular dated May 7, 2014, were elected as directors of the Company. The results are as follows: Nominee Votes For ...
VANCOUVER, March 31, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) advises that Sonoran Resources LLC and its Mexican subsidiary, SR Servicios Mineros, S.A. de C.V. (jointly, "Sonoran"), have filed a lawsuit in Arizona, USA against Oroco Resource Corp. ("Oroco"), Minas de Oroco Resources S.A. de C.V. ("Minas de Oroco") and Goldgroup. The lawsuit arises from [...]
VANCOUVER, March 14, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA) (OTC:GGAZF) (BMV SIX:GGAN.MX) advises that its wholly-owned subsidiary Goldgroup Resources Inc. has filed for arbitration in Denver, Colorado against DynaResource Inc. to protect its interests pursuant to the San Jose de Gracia Earn-in Option Agreement dated September 1, 2006. About Goldgroup Goldgroup is a Canadian-based [...]