- Goldgroup Mining (GGA) has signed a loan agreement with Sail Natural Resources LP in the principal amount of US$550,000
- The loan bears interest at 5 per cent per annum, to be repaid in 11 equal monthly installments of US$50,000 beginning on October 10, 2022
- The proceeds from the loan will be used to maintain the Goldgroup’s existing operations
- Goldgroup is a Canada-based gold production, development, and exploration company
- Goldgroup Mining Inc. (GGA) opened trading at C$0.02
Goldgroup Mining (GGA) has signed a loan agreement with Sail Natural Resources LP in the principal amount of US$550,000.
Sail Natural Resources is a resource focused private investment vehicle, focused on supporting growth stage mining companies.
The loan bears interest at 5 per cent per annum, to be repaid in 11 equal monthly installments of US$50,000 beginning on October 10, 2022.
The loan is repayable at any time before maturity without penalty.
The proceeds from the loan will be used to maintain the Goldgroup’s existing operations and for general working capital requirements.
Goldgroup is a Canada-based gold production, development, and exploration company with a portfolio of projects in Mexico.
Goldgroup Mining Inc. (GGA) opened trading at C$0.02.
