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Goldgroup Mining Inc. (T:GGA)

Business Focus: Gold Mining

Mar 06, 2023 09:00 am ET
Goldgroup Announces Filing of Request for Arbitration with the International Centre for Settlement of Investment Disputes
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") 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 ("ICSID") against the United Mexican States.
Jan 16, 2023 09:00 am ET
Goldgroup Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2023) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company")  is pleased to announce that the non-brokered private placement announced on December 19, 2022 (the "Private Placement") has been closed on a fully subscribed basis.
Dec 19, 2022 07:59 am ET
Goldgroup Announces Proposed Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") is pleased to announce a non-brokered private placement of up to 5,700,000 common shares of the Company at a price of $0.10 per common share for aggregate gross proceeds of up to $570,000 (the "Private Placement').
Dec 12, 2022 09:10 am ET
Goldgroup Announces Convertible Loan Agreement
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") is pleased to announce it has entered into a loan agreement dated December 9, 2022 (the "Loan Agreement") with Calu Opportunity Fund LP, previously known as Sail Natural Resources LP, (the "Lender") in the principal amount of USD$2,160,000 (the "Loan"). This Loan includes USD $550,000 previously advanced to the Company as disclosed in the Company's news release issued on August 11, 2022, which is restructured into the current Loan amount. The Lender is a resource focused private investment vehicle, with a focus on supporting growth stage mining companies. The Loan is unsecured, bears interest at 6% per annum and is repayable on December 31, 2023. The Company plans to seek shareholder approval to have the Loan convertible into common shares of the Company at CAD $0.10 per share at a fixed FX rate of 1.345 USD to CAD at the election of the Lender to comply with TSX rules. The Company will make a further announcement on timing of the shareholder meeting once a date is determined. The Lender would become a control block holder upon full conversion of the Loan owning approximately 55.90% of the Company on a partially diluted basis. There can be no assurance that shareholder approval will ultimately be granted for the conversion of the Loan to common shares of the Company.
Nov 15, 2022 09:17 am ET
Goldgroup Announces Departure of CEO
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") announces that its Chief Executive Officer John McClintock has resigned effective November 14, 2022, in order to pursue other opportunities. At this time Anthony Balic, the Company's CFO and Director, will become Interim CEO as the Company assesses the vacancy in the position.
Sep 23, 2022 11:19 am ET
IIROC Trade Resumption - GGA
TORONTO, Sept. 23, 2022 /CNW/ - Trading resumes in:
Sep 23, 2022 11:02 am ET
CORRECTION FROM SOURCE: Goldgroup Announces Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - September 23, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") announces that the Company's previously announced share consolidation of common shares (the "Common Shares") of one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation") reducing the Company's issued and outstanding Common Shares from 229,246,213 to 22,924,656 Common Shares is now effective. The TSX has confirmed that the Common Shares will begin trading on the Toronto Stock Exchange ("TSX") on a consolidated basis at trading open on September 27, 2022 under the same trading symbol "GGA" with a new CUSIP number.
Sep 23, 2022 09:23 am ET
IIROC Trading Halt - GGA
TORONTO, Sept. 23, 2022 /CNW/ - The following issues have been halted by IIROC:
Sep 21, 2022 07:22 pm ET
Goldgroup Announces Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") announces that the Company's issued and outstanding common shares (the "Common Shares") have been consolidated at a ratio of one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the "Consolidation"). The Common Shares will begin trading on the Toronto Stock Exchange ("TSX") on a consolidated basis on September 23, 2022 under the same trading symbol "GGA" with a new CUSIP number.
Aug 12, 2022 09:00 am ET
Goldgroup Announces Loan Agreement
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") is pleased to announce it has entered into a loan agreement dated August 10, 2022 (the "Loan Agreement") with Sail Natural Resources LP (the "Lender") in the principal amount of USD$550,000 (the "Loan"). The Lender is a resource focused private investment vehicle, with a focus on supporting growth stage mining companies. The Loan bears interest at 5% per annum, will be repaid in 11 equal monthly installments of USD $50,000 commencing on October 10, 2022, maturing on August 10, 2023. The Loan is initially being advanced on an unsecured basis, however, under the Loan Agreement, the Company has agreed to use reasonable efforts going forward to reorganize certain security granted by the Company under a credit facility from Accendo Banco S.A. ("Accendo") so that the Loan is secured behind the Accendo credit facility. There is no guarantee that such security will ultimately be granted in favor of the Lender.
Jun 29, 2022 04:27 pm ET
Goldgroup Announces the Results of its Annual General and Special Meeting of Shareholders
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Goldgroup Mining Inc. (TSX: GGA) (OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") held its annual general meeting of shareholders in Vancouver, B.C. on June 28, 2022.
Jun 09, 2022 07:54 pm ET
Goldgroup Closes First Tranche of Non-Brokered Private Placement
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that a first tranche of the upsized non-brokered private placement of units (“Units”) announced on April 19, 2022 and June 3, 2022...
Jun 03, 2022 07:54 pm ET
Goldgroup Announces Increase to Proposed Non-Brokered Private Placement
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that the Company has increased its previously announced private placement financing (see news release dated April 19, 2022) from...
Nov 15, 2021 04:05 pm ET
Goldgroup Appoints John McClintock as Chief Executive Officer
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces the appointment of Mr. John McClintock as the Company’s Chief Executive Officer (“CEO”) effectively immediately. Anthony Balic, the previous...
Apr 20, 2021 05:44 pm ET
Goldgroup Provides a Legal Update
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that on April 16, 2021, the Tenth Circuit Court of Appeals (the “Circuit Court”) affirmed the May 9, 2019 order and judgment from United States...
Dec 23, 2020 05:04 pm ET
Goldgroup Announces the Results of its Annual General Meeting of Shareholders
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual general meeting of shareholders in Vancouver, B.C. on December 22, 2020. Common Shares represented at the Meeting:...
Jun 29, 2020 05:59 pm ET
Goldgroup Announces Closing of Definitive Loan Facility Agreement With Accendo
Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has closed a definitive agreement (the "Agreement") in respect of the previously announced secured loan facility (the...
Jun 22, 2020 04:34 pm ET
Goldgroup Announces Loan Facility Term Sheet With Accendo
Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has signed an indicative term sheet (the "Term Sheet") in respect of a secured loan facility (the "Facility") with Accendo...
Apr 08, 2020 08:53 pm ET
Goldgroup Announces Mexican Federal Government Order to Temporarily Suspend All Non-Essential Businesses Until April 30, 2020 Due to COVID-19
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that the Mexican federal government has mandated that all non-essential businesses, temporarily suspend operations until April 30 due to the...
Dec 31, 2019 08:24 pm ET
Goldgroup Provides a Legal Update
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) provides a response to DynaResource, Inc.’s (“DynaUSA”) news release from December 20, 2019. The Company is currently awaiting the written judgment of the...
Nov 05, 2019 08:52 pm ET
Goldgroup Announces the Resignations of Keith Piggott and Harry Burgess from the Board of Directors
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces  that Keith Piggott and Harry Burgess have resigned from the Board of Directors pursuant to the Company’s Majority Voting Policy.  The Company...
Aug 16, 2019 07:54 pm ET
Goldgroup Provides Update in Respect of Majority Voting Policy
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that further to its Annual General Meeting of Shareholders (“AGM”) of the Company held on July 31, 2019, directors Keith Piggott and Harry Burgess...
Aug 02, 2019 06:57 pm ET
Goldgroup Announces the Results of its Annual General and Special Meeting of Shareholders
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 July 31, 2019. Common Shares represented at the Meeting:...
Jun 28, 2019 07:00 pm ET
Goldgroup Announces Retirement of Chairman, President and CEO
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces  that Keith Piggott has retired as Chairman, President and Chief Executive Officer of the Company effective June 26, 2019, to further other...
Jun 06, 2019 05:19 pm ET
Goldgroup Announces Date of Its Annual General
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it will hold its Annual General Meeting of shareholders (the “Meeting”) on Wednesday, July 31, 2019 at 10:00am (PST). Due to unforeseen delays,...
May 14, 2019 09:25 pm ET
Goldgroup Announces Arbitration Confirmation
Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is very pleased to announce a final judgment in the United States District Court for the District of Colorado (the “Court”) confirming Goldgroup’s previously...
Oct 05, 2018 08:32 pm ET
Goldgroup Announces Accendo Loan Facility
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 Accendo Banco S.A., Multiple Banking Institution (the "Accendo"), for a USD $1.8 million...
Jul 12, 2018 07:02 pm ET
Goldgroup Announces the Results of its Annual General and Special Meeting of Shareholders
VANCOUVER, July 12, 2018 /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 July 11, 2018.
Jul 04, 2018 08:10 pm ET
Goldgroup Announces Date of Its Annual General and Special Meeting
VANCOUVER, July 4, 2018 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it will hold its Annual General and Special Meeting of shareholders (the "Meeting") on Wednesday, July 11, 2018 at 10:00am (PST).
Mar 02, 2018 05:01 pm ET
Goldgroup Announces Gold Production for 2017 With Continued Expansion in 2018
VANCOUVER, March 2, 2018 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces gold production for 2017 with plans for continued expansion in 2018 for Cerro Prieto.
Dec 20, 2017 04:26 pm ET
Goldgroup Appoints Harry Burgess to Board of Directors
VANCOUVER, Dec. 20, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces the appointment of Harry Burgess to the Company's Board of Directors.
Sep 22, 2017 08:09 pm ET
Goldgroup Provides a Legal Update
VANCOUVER, Sept. 22, 2017 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) would like to provide a legal update in regards to DynaResource, Inc.'s ("DynaUSA") 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 31, 2016 and October 14, 2015 press releases). Goldgroup
Aug 30, 2017 07:44 pm ET
Goldgroup Announces Amendment of Credipresto Facility
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.  
Jul 07, 2017 05:37 pm ET
Goldgroup Announces the Results of its 2017 Annual General and Special Meeting of Shareholders
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.
Mar 02, 2017 08:11 pm ET
Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017
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.  
Jan 30, 2017 10:16 pm ET
Goldgroup Mourns Passing of Board Member
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.
Sep 01, 2016 05:00 pm ET
Goldgroup Appoints Anthony Balic as Chief Financial Officer
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.
Aug 31, 2016 09:16 pm ET
Goldgroup Announces Favorable Ruling in the Arbitration Against Dyna USA, Inc, and Provides a Legal Update
VANCOUVER, Aug. 31, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the favorable results and award ("Award") from the conclusion of the arbitration ("Arbitration") between Goldgroup and Dyna USA, Inc. ("DynaUSA"). The results and Award were issued by the American Arbitration Association – International Centre for Dispute Resolution ("Arbitrator" or "ICDR") on August 24, 2016. This Award is final, binding and may be enforced in court. A copy of the Award has been filed on SEDAR and posted to our website.
Aug 15, 2016 07:28 pm ET
Goldgroup Announces Cerro Prieto Production Results for the Second Quarter 2016
VANCOUVER, Aug. 15, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces its Cerro Prieto production results for the second quarter ("Second Quarter") ended June 30, 2016.
Aug 11, 2016 10:17 pm ET
Goldgroup Provides Corporate Update
VANCOUVER, Aug. 11, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) would like to provide a corporate update on four recent developments:
Aug 03, 2016 10:00 am ET
Goldgroup Sells Rights to Contingent Consideration
VANCOUVER, Aug. 3, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has closed the sale of rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014 (the "Right") to Credipresto S.A de C.V.  SOFOM E.N.R ("Credipresto").
Jun 27, 2016 10:00 am ET
Goldgroup Provides An Update On San José de Gracia Project
VANCOUVER, June 27, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has read a news article ("Article") dated June 26, 2016, published by Noroeste, a major newspaper based in the state of Sinaloa, in regards to a reported mandatory shutdown ("Shutdown") of the San José de Gracia ("SJG Project") mining operations by the State Government. While Goldgroup believes the article to be reliable, it has not yet had an opportunity to independently confirm the facts reported in the article.
Jun 21, 2016 08:30 pm ET
Goldgroup Announces Commercial Production at Cerro Prieto
VANCOUVER, June 21, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the declaration of commercial production as of June 1, 2016 at its Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico.
Jun 09, 2016 05:30 pm ET
Goldgroup Announces the Results of its 2016 Annual Meeting of Shareholders
VANCOUVER, June 9, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) held its annual meeting of shareholders in Vancouver, B.C. on June 7, 2016.
May 13, 2016 06:00 pm ET
Goldgroup Consents to Restructuring and Sale by Monarch of Assets and Operations to Cascadia
VANCOUVER, May 13, 2016 Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has consented to the restructuring and sale by Monarch Gold Corp. ("Monarch") of substantially all of its assets and operations to Cascadia Goldfields Company Ltd. ("Cascadia").  Pursuant to the restructuring and sale, Cascadia assumed the obligations of Monarch in respect of a CAD $2,500,000 loan previously made by the Company to Monarch (see press release on June 18, 2015), which is now overdue, and granted security in favour of the Company over all of the assets
Mar 02, 2016 07:48 pm ET
Goldgroup Provides a Corporate Update
VANCOUVER, March 2, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) would like to provide a corporate update to three recent developments: (i) Credipresto SAPI de CV SOFOM ENR ("Credipresto") Facility Amendment, (ii) Letter of Intent ("LOI") with Aptus Resources LLC ("Aptus"), and (iii) Cerro Prieto Project Update.
Feb 12, 2016 05:29 pm ET
Goldgroup Issuance of Common Shares to Satisfy US$200,000 Owing to Oroco Resource Corp.
VANCOUVER, Feb. 12, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has issued 4,691,000 common shares (the "Shares") at a deemed price of $0.06 per Share to satisfy debt owing to Oroco Resource Corp. ("Oroco") in the amount of US$200,000 (being the equivalent of Cdn$281,460 calculated using the Bank of Canada Noon Exchange Rate on January 28, 2016 of US$1.00: Cdn$1.4073 (the "Transaction").
Jan 26, 2016 06:59 pm ET
Goldgroup Signs Letter of Intent to Sell Rights to Contingent Consideration
VANCOUVER, Jan. 26, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces it has entered into a binding letter of intent ("LOI") with Aptus Resources LLC ("Aptus"), where Aptus will acquire Goldgroup's rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014.