Goldgroup Mining Inc. is very pleased to announce a final judgment in the United States District Court for the District of Colorado confirming Goldgroup’s previously announced favorable award in the arbitration against DynaUSA, Inc. in the news release dated August 31, 2016. The order accompanying the final judgment, dated May 9, 2019, rejected every argument DynaUSA raised since the favorable result Goldgroup [...]
Goldgroup Mining Inc. is pleased to announce that the Company closed an agreement with Accendo Banco S.A., Multiple Banking Institution , for a USD $1.8 million secured medium term loan facility . Facility Terms Amount USD $1,800,000 Term of 24 months Standby Charge of 1.0% per annum on undrawn amounts Interest rate of 15% per annum The interest rate for overdue payments increases to 30% per annum Principal and interest [...]
Goldgroup Mining held its annual general and special meeting of shareholders in Vancouver on July 11, 2018. At the meeting, all director nominees listed in the Company's management information circular dated June 6, 2018, were elected as directors of the Company. Common Shares represented at the Meeting: 51,828,618 Total issued and outstanding Common Shares as at Record Date: 185,136,689 Percentage of issued and [...]
VANCOUVER, July 4, 2018 /CNW/ - Goldgroup Mining Inc. announces it will hold its Annual General and Special Meeting of shareholders on Wednesday, July 11, 2018 at 10:00am . Due to unforeseen delays, including with respect to the review and approval process relating to its stock option plan, the Meeting was delayed from being held within six months of its financial year end, as required by TSX rules. The Company has [...]
VANCOUVER, March 2, 2018 /CNW/ - Goldgroup Mining Inc. announces gold production for 2017 with plans for continued expansion in 2018 for Cerro Prieto. The Cerro Prieto project, located in the Cucurpe Mining District, Sonora, Mexico, is comprised of the San Felix , San Francisco , Elba , Huerta de Oro , Reyna de Plata , Cerro Prieto "North" and Argonauta 6 mineral concessions. Cerro Prieto is 52 road kilometers from the [...]
VANCOUVER, Dec. 20, 2017 /CNW/ - Goldgroup Mining Inc. announces the appointment of Harry Burgess to the Company's Board of Directors. Mr. Harry Burgess was a Founding Partner and now an Associate Consulting Mining Engineer of Micon International, Ltd. and is a Member at Professional Engineers Ontario and a Member at The Canadian Institute of Mining, Metallurgy & Petroleum. He is on the Board of Directors at Cartier Iron[...]
Goldgroup Mining Inc. would like to provide a legal update in regards to DynaResource Inc.'s award in excess of USD$48 million in damages against the Company. On August 24, 2017, a Federal Amparo judge in the state of Veracruz, Mexico, dismissed Goldgroup Resources Inc.'s Amparo challenge. Goldgroup's position in response to the USD$48 million claim remains the same with its previous press release (see Goldgroup's August [...]
VANCOUVER, Aug. 30, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has amended the terms of its outstanding loan facility from Credipresto SAPI de CV SOFOM ENR ("Credipresto"), subject to TSX approval. Javier Reyes, a director of Goldgroup, is an executive officer and director of Credipresto. The Company entered into a US$10 million syndicated [...]
VANCOUVER, July 7, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual general and special meeting of shareholders in Vancouver, B.C. on June 14, 2017. At the meeting, all director nominees listed in the Company's management information circular dated May 17, 2017, were elected as directors of the Company. Common Shares represented at the Meeting [...]
VANCOUVER, March 2, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces increased gold production in 2016 with plans for continued expansion in 2017 for Cerro Prieto. On April 1, 2016, the Cerro Prieto mine achieved its main commercial production criteria of over 1,200 oz gold production per month consistently over a two-month period. This was achieved by [...]
VANCOUVER, Jan. 30, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces David Laurence Ingram, a member of its Board of Directors, passed away at the age of 76. Keith Piggott, Chairman and President of Goldgroup commented: "We are deeply saddened by David's untimely passing and extend our sincere condolences to his family. He will be greatly missed as he was a [...]
VANCOUVER, Sept. 1, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces the appointment of Anthony Balic as the Company's Chief Financial Officer ("CFO") and Corporate Secretary effectively immediately. Sam Wong, the previous CFO and Corporate Secretary, will take on the position of Director of Finance during a transition period. Keith Piggott, Chairman and [...]
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