Source: Goldgroup Mining Inc.
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  • Goldgroup Mining (GGA) closed a fully-subscribed private placement for gross proceeds of $570,000
  • The company issued 5,700,000 common shares at a price ‎of $0.10 per share
  • Net proceeds will be used to maintain its existing operations and for general working capital requirements
  • Goldgroup is a Canadian-based gold production, development, and exploration company with a significant upside in a portfolio of projects in Mexico
  • Goldgroup Mining Inc. (GGA) is unchanged on the day, trading at C$0.085 per share at 11 am ET

Goldgroup Mining (GGA) raised gross proceeds of $570,000 through a fully-subscribed private placement of common shares.

Under the previously-announced offering, the company issued 5,700,000 common shares at a price ‎of $0.10 per share.

 Net proceeds from the offering will be used to maintain its existing operations and for general working capital.

All securities issued are subject to a statutory four-month hold period ‎expiring May 14, 2023.

Goldgroup is a Canadian-based gold production, development, and exploration company with a significant upside in a portfolio of projects in Mexico, including an interest in DynaResource de Mexico, S.A. de C.V., which owns 100 per cent of the high-grade gold exploration project, San José de Gracia located in the State of Sinaloa.

Goldgroup Mining Inc. (GGA) is unchanged on the day, trading at C$0.085 per share at 11 am ET.


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